What assistance is available in Grand Junction
The main path for Mesa County buyers is CHFA — the Colorado Housing and Finance Authority. CHFA pairs a first mortgage with either a grant or a silent second that covers up to about 3–5% of the purchase price toward down payment and closing costs.
On a $415,000 Grand Junction home, that can be $12,000–$20,000 in assistance, which for many buyers is the entire barrier to ownership.
Who qualifies
CHFA programs generally require a 620 credit score, completion of a homebuyer education course, and household income within the Mesa County limit. The property must be your primary residence.
Some programs are first-time buyer only, defined as not having owned a home in the last three years; others, like CHFA HomeAccess, are broader. We match the program to your file rather than assuming one fits.
Stacking assistance with FHA or conventional
Assistance layers on top of an FHA or conventional first mortgage, so you still choose the loan type that prices best. Pairing DPA with an FHA loan at 3.5% down is the most common structure in Grand Junction.
Frequently asked
What down payment assistance is available in Grand Junction?
CHFA grants and silent second mortgages are the primary options, plus lender-funded assistance programs. They typically cover 3–5% of the purchase price.
Do I have to be a first-time buyer?
Many CHFA programs are first-time-buyer only, defined as not having owned a home in the past three years, but some programs are open to repeat buyers.
Can I combine assistance with an FHA loan?
Yes. Pairing down payment assistance with an FHA first mortgage at 3.5% down is the most common structure for Grand Junction buyers.
Related: Down Payment Assistance, Grand Junction mortgage broker, Colorado loan limits, all loan programs.