CHFA eNews: Home Finance
chfa enews - home finance 
April 1, 2019

reminder: reduction in dpa amounts

Effective immediately: the following CHFA down payment (DPA) options are now available for new loans locked on or after April 1, 2019:

CHFA DPA Grant Option
  • May not exceed 3 percent (previously 4 percent) of the CHFA First Mortgage Loan amount
CHFA Second Mortgage Loan Option
  • May not exceed 4 percent (previously 5 percent) of the CHFA First Mortgage Loan amount
Loans locked prior to April 1, 2019, will not be affected. However, please note that exceptions will not be made. For example, if a lender cancels a lock made prior to April 1, 2019 and then requests a relock on a new property on or after April 1, 2019, the lock is subject to new DPA levels.

Please contact us should you have questions.

CHFA Home Finance
303.297.7376 or 888.320.3688 Denver
970.241.2341 or 800.877.8450 Western Slope
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