- Location
- CO
- Type
- Forgivable assistance
- Max assistance
- $0
- Income limit
- $174,440
- Min. credit score
- 660
- First-time buyer
- Required
- Property types
- Single family, Condo, Townhouse
CHFA Preferred Loan pairs a conventional mortgage with a DPA grant of up to 3% of the first mortgage. Allows buyers to use a conventional loan (lower PMI or no PMI with 3% down) and still receive DPA. Must pair with CHFA Preferred conventional mortgage product.
Learn this program
Short reads on how it works, in plain language. Free, no sign-up needed to read.
Free course from Hey Prescott
CHFA Preferred Loan with Down Payment Assistance, explained
A short, free course on CHFA Preferred Loan with Down Payment Assistance: what it is, who it is for, whether it has to be paid back, where it applies and how to apply. Based on program data from July 2026. About ten minutes.
5 modules · About 10 minutes
Program details are sourced from public agency data and may change. Confirm eligibility with a Hey Prescott loan officer before applying.