Down Payment Assistance in Colorado: Where to Look
By David Parks · eXp Realty · The Apollo Group · 2 min read
The Short Answer
Colorado offers programs, such as those from the Colorado Housing and Finance Authority (CHFA), that can help eligible buyers with down payments and closing costs. Rules vary by income, price limits, and credit.
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What assistance can look like
Programs may offer second loans, grants, or deferred payment loans to help with down payment and closing costs. Some offer reduced-rate first mortgages, and some are tied to homebuyer education courses.
Common requirements
Income and purchase price limits that vary by county.
Minimum credit scores.
First-time buyer status in some programs, with exceptions in certain areas.
Talk with David before you write it. Terms, deadlines, and strategy matter as much as price. Talk with David.
How to find them
Start with CHFA and your city or county housing office, as well as local nonprofits. Ask lenders whether they participate in these programs, since not every lender does.
Things to consider
Assistance may come with terms such as repayment when you sell or refinance. Read the details, and ask a lender to compare the total costs. Programs change over time, so check current requirements before relying on them.
Key Takeaways
What assistance can look like: Programs may offer second loans, grants, or deferred payment loans to help with down payment and closing costs.
Common requirements: Income and purchase price limits that vary by county.
How to find them: Start with CHFA and your city or county housing office, as well as local nonprofits.
Things to consider: Assistance may come with terms such as repayment when you sell or refinance.
This article is general information, not legal, tax, financial or inspection advice. Every home and situation is different, so confirm details with a licensed inspector, lender, attorney or tax professional.
David is a Greater Denver real estate advisor with eXp Realty and The Apollo Group (Colorado broker license FA100103211). He has closed more than $55 million in volume, earned eXp Icon status in 2025, and holds a 5.0 rating on Zillow from 27 verified reviews.