State and Local Housing Programs

State and Local Housing Programs:

Many state, county and local government programs offer financing for qualifying low-to-moderate income families wishing to purchase their first home. Colorado has an excellent plan through CHFA that allows for a borrower to purchase a home with only $1,000 out of pocket!

These programs typically offer:

  • More relaxed qualifying guidelines
  • Lower upfront fees
  • Lower interest rate
  • Fixed rate