Colorado · Grant

CHFA DPA Grant

3% grant — no repayment + only $1K out of pocket

Up to 3% of mortgage as a TRUE GRANT — never has to be repaid. Only $1,000 minimum from buyer.

CHFA's DPA Grant provides 3% of the first mortgage amount as a true grant. No repayment, no forgiveness period, no strings. This is among the cleanest DPA offerings in the Mountain West.

Amount3% grant — no repayment + only $1K out of pocket

TypeGrant

Available inColorado

First-time buyer requiredYes

Minimum credit score620

Multi-unit eligibleYes — 1-4 units

House-hack eligible

True grant paired with CHFA first mortgage. $1K minimum buyer contribution can be a gift.

Programs that pair with this

FHA Loan Saves ~$33,000 on a $200K home vs 20% down

Federal · Subsidized loan

VA Loan $0 down + no monthly mortgage insurance

Federal · Federal benefit

NACA Program $0 down + $0 closing + $0 PMI + below-market rate

National · Nonprofit program

CHFA DPA Second Mortgage 4% deferred, 0% interest

Colorado · Deferred 0% loan

CHFA FirstGeneration $25,000

Colorado · Deferred loan

CHFA HomeAccess $25,000

Colorado · Deferred 0% loan

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We'll show you how to combine CHFA DPA Grant with other programs to maximize your free money — personalized to your ZIP code and income.

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