We hope you will find our website helpful. Colorado Housing Assistance Corporation is here to help you learn more about becoming a Homebuyer and maintaining homeownership. If you have difficulty with any feature please e-mail us at CHAC@chaconline.org. For additional help or information please call our office at (303) 572-9445.
Our office hours are Monday - Friday 8:30 a.m. to 5:00 p.m
Effective October 1, 2013, CHAC will accept applications for downpayment assistance for properties in the City of Arvada. This is a limited pilot program:
The funds will be provided using the terms of the CHAC-STATEWIDE program.
Loan amount - Maximum of $5,000 (regardless of purchase price)
Loan payments $50.00 per month (not deferred, includes a $5.00 per month service fee)
Interest rate - 5% simple interest (7.75% APR)
Fees - $200 loan commitment fee, $100 doc prep fee, $16 recording fee
Term 150 payments
First Time Homebuyers: no ownership interest in residential property for previous 3 years
Household income must be less than 80% AMI - Metro Denver limits (posted below)
Down payment assistance for the city of Thornton is now available.
Loan amount- Maximum of $5,000 (regardless of purchase price)
Loan payments- $50.00 per month (not deferred, includes a $5.00 per month service fee)
Interest rate- 5% simple interest (7.75% APR)
Fees- $200 loan commitment fee, $100 doc prep fee, $16 recording fee
Term 150 payments
Lenders: please send your applications to email@example.com
Arapahoe County - only funds available CHAC statewide program ($5,000) April 1, 2013
If you need the most recent HUD Secondary Financing Approval Letter please call (303)572-9445 Ext.10
Homebuyer Education Programs
CHAC provides free First Time Homebuyer classes in the Metro area. (see events to register)
Online e-Home classes are also available. There is a fee for this class.(registration for e-Home)
If you are applying for any special programs be sure to check with the agency providing the program for specific requirements.
CHAC requires a site based class if applying for CHAC's Downpayment Assistance Loan.
For additional CHAC class information see events
Lenders and Realtors - for the most guidelines, application, forms, etc. see Helpful Tools.
To request a payoff please fax a signed Borrowers Authorization, CHAC loan number, Borrowers name and property address and the date of payoff (303-573-9214). Allow a 3 - 5 day turn around from receipt.
To request a Verification of Mortgage please send a signed VOM form with the borrowers name, address, and loan number. Allow a 3 - 5 day turn around time.
For Short Sale and Subordination instructions please fax a request to 303-573-9214 or e-mail to frontdesk@CHAConline.org. Please provide the borrowers name, address and loan number and a signed Borrowers Authorization Form as well as your agency contact information.
For the most recent information please be sure to refresh your browser (website last updated 09/30/2013) If you are interested in receiving our quarterly newsletter please email us at; firstname.lastname@example.org
CHAC's Statewide Income Limits for 2013
(For a complete list by County for the state of Colorado go to helpful tools link to the HUD website. These income limits are valid starting December 11, 2012)
(Some CHAC programs have lower limits by County. For Program descriptions go to helpful tools.)
CHAC does not discriminate based on age, race, sex, color, religion, national origin, sexual orientation, disability, veteran status or any other status protected by state or local law.
Home Buyer Class
For upcoming class dates,
details, and to register
This free course covers the buying and finance process and is offered free in various locations throughout the Metro Denver area.
Additional Workshops available for NSP programs see Events
CHAC Borrower Counseling Session
CHAC Program Lender/Realtor Training Held the second Wednesday of every month. Provides an overview of CHAC programs, policies and procedures. To register call 303-572-9445
First-Time Homebuyer Programs Workshop
see Events page for
dates and to register
(Realtor Ce Credit available)
To register click here