Get into your Colorado home with less cash.
CHFA grants, county-level programs, and lender credits — stacked to bring your cash-to-close as low as $0–$5K.
How much can you stack?
Most Colorado buyers we work with combine a CHFA program with a Tayton Capital lender credit to reduce closing-day cash by $10,000–$25,000. Example on a $500K home:
- Down payment (3.5% FHA)$17,500
- Closing costs (~2.5%)$12,500
- – CHFA 3% grant–$15,000
- – Lender credit–$3,000
- – Seller concession (typical)–$5,000
- Your cash to close$7,000
Example only. Real assistance depends on county, income, credit, and program availability.
Colorado down payment assistance programs
CHFA DPA Grant
Colorado Housing & Finance Authority — no repayment required. Pairs with CHFA FirstStep (FHA) or CHFA Preferred (Conventional). Income & purchase-price limits by county.
Statewide — all 64 Colorado counties
CHFA DPA Second Mortgage
Silent second mortgage with 0% interest, deferred until you sell, refinance, or pay off your first. Bigger boost than the grant — best when you plan to stay long-term.
Statewide
Adams County HOP
Down payment and closing cost loan for Adams County buyers under income limits. Forgivable after a residency period.
Colorado Springs HBA
El Paso County Home Buyer Assistance program — 0% deferred second for first-time buyers within income limits.
Eagle County Workforce Housing
Vail Local Housing Authority and Eagle County deed-restricted programs for full-time mountain workforce buyers.
Aspen / Pitkin APCHA
Aspen-Pitkin County Housing Authority deed-restricted ownership for qualifying workforce in the Roaring Fork Valley.
Lender-Paid Credit
Tayton Capital can apply a lender credit at closing on most loans to offset closing costs. Stacks with most DPA programs.
Who qualifies?
Anyone who hasn't owned a primary home in the past 3 years (CHFA definition).
Several Colorado programs (including mountain workforce) accept repeat buyers within income limits.
Typically $112K–$175K depending on county and household size. We'll confirm your eligibility in one call.
Colorado DPA FAQs
Do I have to be a first-time buyer to get down payment assistance in Colorado?+
Not always. CHFA defines first-time buyer as anyone who hasn't owned a primary residence in the past 3 years. Several mountain workforce programs also allow repeat buyers.
What are the income limits for Colorado DPA?+
CHFA limits run roughly $112,500–$175,000 depending on county and household size. Mountain workforce programs (Vail, Aspen, Telluride) often have higher limits given local cost of living. We'll match you to the program that fits your income exactly.
Does DPA money have to be repaid?+
Depends on the program. CHFA grants are pure grants — never repaid. CHFA second mortgages are silent (no payment, no interest) until you sell or refinance. We explain each option in your quote.
Can I combine DPA with FHA or VA?+
Yes. CHFA DPA pairs with both FHA (CHFA FirstStep) and Conventional (CHFA Preferred). VA loans already have 0% down, but you can still use DPA for closing costs.
How much will DPA actually save me?+
On a $500,000 Colorado home, stacking a 3% CHFA grant ($15,000) + a $3,000 lender credit can bring your cash-to-close from ~$30,000 down to ~$5,000–$10,000. Real-world savings depend on program, county, and loan type.
Does using DPA mean a higher interest rate?+
Slightly — typically 0.125%–0.5% higher than non-DPA rates because the assistance funds come from a separate pool. For most buyers, the upfront cash savings far outweigh the small rate bump over the time they'll own the home.
See exactly how much help you qualify for.
DPA assessment in 24 hours. No obligation.