Down Payment Assistance Colorado Springs. The loan is recorded as a second mortgage lien on the property being purchased. More places to find colorado springs down payment assistance programs.
Even if you contribute towards a down payment you may still use one of the options below. Colorado first time home buyers get 3 600 to 15 000 down payment assistance. Regardless of which type of colorado springs down payment program you choose you will first need a mortgage.
Visit the colorado housing agency website and the us department of housing and urban development hud page for colorado.
Chac provides low interest flexible loans to low and moderate 80 ami in most areas 100 ami for arvada program income first time home buyers for down payment and closing cost assistance throughout colorado. The assistance amount that a borrower receives may be dependent on several factors including the program the borrower s income and the purchase price of the home. Colorado first time home buyers get 3 600 to 15 000 down payment assistance. The chac loan is a second mortgage and it simultaneously closes with your first mortgage.