Programs Currently Available
Mortgage Credit Certificate (MCC)(all counties)- This program offers first-time home buyers to claim *10%-30% of mortgage interest as a tax credit
CHFA Advantage Loan Program (all counties)- For first-time homebuyers who have a 700+ credit score the ability to purchase with 3% down (could also use **DPA) and NO MI!! (Also can use in conjunction with MCC)
Denver MMA Program (Denver, Littleton & Edgewater county)- This program is a loan that includes a 4% of note as a down payment assistance grant (not a loan), available to NON first time home buyers!
Notes:*10%-30% Percent can vary depending on purchase price, **DPA-Down payment assistance
As stated above, these are just brief descriptions and overviews of the most recent programs available to home buyers. Depending on your circumstance and situation there may be other programs available for you, this is just a quick overview of new options available. As always please call your lender to discuss and/or please give us a call or contact us for further information. Please note that you must work with an approved lender for these programs. (wink, wink, we are approved!)
If you would like to get pre-approved please contact us and/or complete our secure online loan application.
Again, I hope you found this information to be helpful. Please make sure to follow me on Twitter, “like” us on Facebook, and follow my blog !
Cheers~
Ray Williams