Colorado

Colorado down payment assistance programs

CHFA offers both grant and second-mortgage assistance statewide, and the Denver metro has additional options.

Colorado down payment assistance at a glance

The Colorado Housing and Finance Authority (CHFA) offers first mortgages with down payment assistance through participating lenders, in grant and second-mortgage forms.

Want the full Colorado breakdown? Our dedicated Colorado guide covers programs, local options, and current details: visit the Colorado DPA guide →

Statewide programs

CHFA Down Payment Assistance Grant

Grant funds for down payment and closing costs that generally do not need to be repaid, paired with a CHFA first mortgage.

CHFA Second Mortgage Loan

A deferred second mortgage for down payment and closing costs, repaid when you sell, refinance, or pay off the first mortgage.

Metro DPA

A Denver-area down payment assistance program available to eligible buyers in participating areas.

Local programs

Some Colorado cities and counties offer additional assistance with their own rules.

Program names, amounts, and eligibility change frequently and funding can pause. Always confirm current terms with a participating lender or the program administrator.

Local and city programs

Front Range communities — including Denver, Colorado Springs, Aurora, and Fort Collins — may offer additional programs. Check eligibility for the exact address.

What Colorado buyers should know

  • CHFA grant and second-mortgage options can differ in first-mortgage rate — compare total cost.
  • Mountain resort areas often have separate workforce housing programs with deed restrictions.

Next step

Matthew Brown is licensed in Colorado and can check which statewide and local programs fit your income, credit, and the home you want to buy.

Frequently asked questions

Does CHFA assistance have to be repaid?
The CHFA grant generally doesn't; the CHFA second mortgage is repaid when you sell, refinance, or pay off the first mortgage.
Do I need to be a first-time buyer for CHFA?
Not always. Some CHFA programs are available to repeat buyers who meet income and other requirements.
Next step

Find out which programs fit you.

Down payment assistance rules change often, and many programs must be paired with a specific first mortgage. A short conversation will tell you what you likely qualify for — before you make an offer.

  • Program eligibility reviewed against current guidelines
  • Income, credit, and purchase price limits checked up front
  • A clear estimate of your cash to close

Two ways to start

Get pre-approved online, or book a free consultation to talk through programs first.

Or call/text Matthew Brown at (512) 952-1125 · matt@matt.mortgage

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