Are you a first-time homebuyer ready to plant your roots in the beautiful state of Colorado? This guide is your key to unlocking affordable homeownership options in the stunning Rocky Mountain landscape. Explore specialized assistance programs and resources designed exclusively for Colorado residents. From tailored down payment assistance to favorable mortgage options, navigate the dynamic Colorado real estate market with confidence.
State-Wide Programs
Program | Assistance Offered | Who Should Apply | Assistance Type |
---|---|---|---|
CHAC Down Payment Assistance Program | Down payment assistance - amount not specified | First time homebuyers that can meet income requirements | Second mortgage |
CHE Down Payment Assistance Loan | Up to $10,000 in down payment assistance | Homebuyer who can meet income requirements | Second mortgage |
CHFA Down Payment Assistance Grant | Up to 3% of your home loan for down payment assistance | Homebuyer who can meet income requirements | Grant |
CHFA Second Mortgage Loan | Up to 4% of you home loan for down payment assistance | Homebuyer who can meet income requirements | Deferred second mortgage |
Regional Programs
County/Region | Program | Assistance Offered | Who Should Apply | Assistance Type |
---|---|---|---|---|
Bent | Home Ownership Program | Down payment and closing costs assistance - amount not specified | Not specified | Not specified |
Boulder | Boulder County Down Payment Assistance | Up to 8.5% of the purchase price of the home for down payment and closing cost assistance | First time homebuyer who meets income requirements | Second mortgage |
Crowley | Home Ownership Program | Down payment and closing costs assistance - amount not specified | Not specified | Not specified |
Douglas | Down Payment Assistance | Down payment assistance - amount not specified | First time homebuyer living in Douglas County and meets income requirements | Second mortgage |
Eagle | Colorado Division of Housing (CDOH) | Up to $18,140 in down payment assistance | First time homebuyers must live and work in Eagle County | Second mortgage |
Eagle | Eagle County Loan Fund (ECLF) | Up to $15,000 in down payment assistance | Homebuyers must live and work in Eagle County | Second mortgage |
Eagle | Eagle Ranch Housing Corporation | Up to $10,000 in down payment assistance | Homebuyers must live and work in Eagle County and purchase property in Eagle Ranch | Second mortgage |
El Paso | Single Family "Turnkey Plus" Mortgage Program | Up to 5% of the purchase price of the home for down payment and closing cost assistance | Homebuyers buying a home in El Paso County and can meet income requirements | Second mortgage |
Grand | Down Payment Assistance | Provides down payment assistance- amount not specified | Not specified | Not specified |
Larimer | Larimer Home Ownership Program | Up to $15,000 in down payment assistance | Homebuyers who meet income requirements | Second mortgage with a 1% interest rate |
Mesa | Calling Mesa County Home (CMCH) Program | Down payment assistance - amount not specified | Homebuyers that are currently employed by Mesa County | Grant |
Northeast Colorado | Northeast Colorado Housing Down Payment Assistance | Up to $5,940 in down payment assistance | Homebuyers who meet income requirements | Second mortgage |
Otero | ,Home Ownership Program | Down payment and closing costs assistance - amount not specified | Not specified | Not specified |
Southwest Colorado | HomesFund Building Wealth Loan | Up to 17% of the home sale price in downpayment assistance | Homebuyers who meet requirements | Second mortgage |
Southwest Colorado | HomesFund Shared Appreciation Loan | Up to $50,000 in down payment assistance | Homebuyers who meet requirements | Second mortgage |
City Programs
City | Program | Assistance Offered | Who Should Apply | Assistance Type |
---|---|---|---|---|
Arvada | Homebuyer Assistance Program | Up to $10,000 loan for down payment assistance and closing costs | First time homebuyer who meets income requirements | Second mortgage |
Aurora | Down Payment Assistance | Up to $10,000 loan for down payment assistance and closing costs | First time homebuyer who meets income requirements and buying a home in Aurora | Second mortgage |
Boulder | H20 House to Home Ownership | Up to $50,000 in down payment assistance | Homebuyers who meet income requiremets | Second mortgage |
Boulder | Middle Income Down Payment Assistance | Up to $20,000 in down payment assistance | Homebuyers who meet income requiremets | Second mortgage |
Boulder | Solution Grant | Down payment and closing costs assistance - amount not specified | Homebuyers who meet income requiremets | Grant |
Breckenridge | Housing Down Payment Assistance Program | Up to $35,000 in down payment assistance | Homebuyers that are currently employed by the Town of Breckenridge | Second mortgage |
Commerce City | Commerce City Housing Authority Homebuyer Program | Up to $10,000 loan for down payment and closing costs assistance | Homebuyers who meet income requiremets and purchase a home in Commerce City | Second mortgage |
Denver | Affordable Home Ownership Program/Housing Stability (HOST) Ownership Program | Down payment assistance- amount not specified | Homebuyers who meet income requirements | Not specified |
Denver | metroDPA | Up to 5% of the home loan for down payment and closing costs assistance | Homebuyers who meet income requirements | Forgivable second mortgage |
Denver | NEWSED Down Payment Assistance | Down payment assistance- amount not specified | Homebuyer who meets income requirements | Second mortgage |
Estes Park | Estes Valley Workforce Housing Assistance (EVWHA) | Up to $10,500 in down payment assistance | First Time Homebuyers who meet income requirements and currently live or work in the Estes Valley | Second mortgage |
Fort Collins | Homebuyer Assistance (HBA) | Up to $15,000 in down payment and closing costs assistance | First time homebuyers who meets income requirements | Second mortgage |
Greeley | Greeley Homeownership Incentive Program | Up to $6,000 in down payment assistance | Must be a full-time employee of participating employers | Forgivable loan |
Pueblo | Home Down Payment Assistance Program (HDAP) | Up to $5,000 in down payment and closing costs assistance | Not specified | Forgivable, deferred loan |
Vail | Employee Home Ownership -EHOP | Up to $80,000 in down payment assistance | Homebuyers that are currently employed by the city of Vail | Second mortgage |
Talk to a local Redfin Agent
Redfin Agents are local experts who can get you better results for lower fees.