CHFA Helps More Homebuyers with New Freddie Mac Programs
(DENVER) – Colorado Housing and Finance Authority (CHFA) announced today it has added Freddie Mac options to its suite of home mortgage loan products. CHFA invests in loans to low- and moderate-income homebuyers through its network of more than 100 participating lenders, and this change creates the potential to expand the availability of CHFA products across Colorado.
“Everyone in Colorado should have the opportunity for housing stability. By partnering with Freddie Mac, we expect to reach many more Coloradans and ultimately help them achieve their dreams of affordable homeownership,” said Cris White, CHFA executive director and CEO.
Freddie Mac options are now available through CHFA’s purchase and refinance home loan programs, which include down payment and/or closing cost assistance. CHFA loans are offered with 30-year terms and access to competitive fixed rate financing.
For more information, visit www.chfainfo.com/homeownership.