Conventionally Insured Loans

Recently, the ratings for Genworth Mortgage Insurance Corp and United Guaranty Residential Insurance Company (UGI/AIG) have been downgraded below CHFA's bond issuance standard of at least AA- or Aa3, effectively removing these providers from the CHFA-approved list. Should the mortgage insurance market change in the future, CHFA will revisit reinstating our mortgage insurance partners in CHFA's programs.

Until further notice, CHFA will no longer accept conventionally insured mortgage loans. However, conventionally uninsured loans are still acceptable in the Hardship Refinance Program. Please call for interest rate pricing on the Hardship Refinance Program.

This policy is effective Thursday February 19th at 11:59pm MST for all CHFA loans.

Please contact the Home Finance division with any questions:

303.297.7376 or 1.888.320.3688 Denver
970.241.2341 or 1.800.877.8450 Western Slope

Thank you,
CHFA Home Finance Team