CHFA Financing has made some interesting changes!
I attended a continuing education class this month to learn the latest rules and regulations for the current CHFA (Colorado Home Finance Authority, I think) program. The class was great. I am so glad I attended. Here are some highlights as I understand them:
* First-time homebuyers and non first-time homebuyers are eligible.
* No mortgage insurance (PMI)
* Fixed rate 30 year loans
* Income limits
* Down Payment assistance
* Possible tax credit
Of course, I will want you to hear about the program from a lender who is in the program but I was really pleased at the changes. Especially the fact that it is no longer for first time buyers only.
Please call or email me and we can discuss it further.
Monday, March 10, 2014
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