CHFA Loans

CHFA Participating Lender

Are you a first-time homebuyer looking for money to help with a down payment or closing costs? Even if you are not purchasing for the first time or are looking to refinance, the Colorado Housing and Financing Authority (CHFA) offers incredibly flexible loan programs to all Coloradans, many of which include competitive fixed rate financing.

As one of Colorado's top-producing down payment assistance lenders, we're here to help you get started and answer any questions you may have.


CHFA  Down Payment Assistance Grant*

  • Equal to the lesser of $25,000 or 3% of the total loan amount
  • No repayment required

CHFA Down Payment Assistance Second Mortgage Loan*

  • Equal to the lesser of $25,000 or 4% of the total loan amount 
  • Repayment deferred until certain events, such as payoff of first mortgage loan, sale or refinance of your home, or if home no longer owner-occupied

CHFA Program Requirements

Borrowers must qualify according to our underwriting guidelines and meet these general requirements: 

  • Have a mid-credit score of 620 or higher (based on program requirements)
  • Total borrower(s) income must not exceed CHFA’s income limits 
  • All borrowers must attend a CHFA-approved home buyer education class (purchase only) 
  • Make a minimum required investment of $1,000 toward the purchase of the home

*First lien interest rates may be higher when using a DPA second. Closings costs and fees may still apply.
**CHFA down payment assistance can only be used when paired with a first mortgage loan under a CHFA program. Higher interest rates apply. 


Coloradans can get down payment assistance from CHFA, helping them get into a house for as little as $1,000 down.


Some borrowers may be able to avoid mortgage insurance entirely. Access to CHFA benefits is determined by household income (which is determined at the county level and by size of household).

There are also down payment assistance grants and zero-percentage second mortgage loans available (which help to cover down payment requirements and closing costs).

It is important to understand that CHFA is the loan servicer. That is, they assume control of the loan after you have completed the mortgage process with a participating CHFA lender, such as Security First Financial.

Security First Financial, an approved and top-producing CHFA lender, has mortgage consultants ready to pre-qualify you and walk you through your options. Begin right away.


To work with an experienced CHFA lender, call (303) 740-8300 or fill out the online application.

Click Here To Apply

Start Your Home Loan Process Today

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Nick Barta is the nation's top FHA Loan Originator and one of Colorado's top producing Down Payment Assistance Loan Originators.

He is eager to help you achieve your homeownership goals and answer any questions you may have.


Nick Barta, Loan Originator, Security First Financial

Nick Barta

Mortgage Loan Originator

NMLS 25540 | MA MLO 25540 | AZ MLO 0927129

Phone: (303) 709-9625
Email: [email protected]

#1 FHA Loan Originator in the Country (2021-2022)


Scotsman Guide Top Originators 2022