​​ CHFA eNews: Home Finance
chfa enews - home finance 

great refi rates from chfa? you’d better believe it!

July 7, 2016
With the recent drop in interest rates, there’s no better time to refinance your borrowers with CHFA.

conventional refinances

  • 97% LTV
  • No mortgage insurance for the CHFA Advantagesm Refinance program
  • Reduced-cost mortgage insurance on CHFA Preferredsm Refinance program - only 18% coverage required for 97% LTV refinances
  • Single premium MI accepted
  • Both DU®and LP accepted for either program
  • No loan level pricing adjustments (LLPAs)
  • 1% and 2% Borrower Premiums available to assist with closing costs and prepaids
  • Can be used to pay off purchase money seconds or pay for closing costs or prepaids

chfa fha streamline refinance: chfa-to-chfa only

  • No appraisal required
  • No credit qualifying required
  • 1%, 2%, and 3% Borrower Premiums available to assist with closing costs and prepaids

all chfa refinance programs

  • Most CHFA second mortgages can be subordinated to the new refinance
  • No early payoff penalty if refinancing an existing CHFA borrower through one of CHFA’s refinance programs

Check out our rates today, or sign up to receive CHFA’s rates daily via email.


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


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