Downpayment assistance FAQ with CHFA (2 CE Credits) is happening on Monday, December 05, 2022 at 01:00PM MST at Fidelity National Title Insurance Co. and It's Free
Down Payment and/or Closing Cost Assistance Options
Homebuyers using one of our first mortgage loan programs to finance their home purchase are eligible to use CHFA assistance options to help with down payment and/or closing costs. Even if you contribute towards a down payment, you may still use one of the options below.
Down Payment Assistance Grant*
Up to 3 percent of your first mortgage**
(Example: Get up to $6,000 on a $200,000 mortgage)
No repayment required
Second Mortgage Loan*
Up to 4 percent of your first mortgage**
(Example: Get up to $8,000 on a $200,000 mortgage)
Repayment of loan balance deferred until certain events, such as payoff of your first mortgage, or the sale or refinance of the home, or the home is no longer your primary residence.
How to get a CHFA Loan
Sign up here to learn more about program requirements and next steps.
* Higher interest rates apply
**For a 30-year, fixed-rate loan
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