Colorado Housing Assistance Corporation (CHAC) has provided first time home buyers in Colorado down payment assistance since 1982. CHAC provides first time home buyers a low interest rate 2nd mortgage to be used for down payment or closing costs. The home buyer can obtain 1st mortgage from any lender allowing them to obtain the best interest rates available in Colorado. CHAC funds are limited and may not be available throughout the year.
CHAC Colorado down payment assistance guidelines change frequently. Please contact us at 303.785.2800 for more information on CHAC or start the pre-approval process for a CHAC down payment assistance program.