The first step in selling your home is to request a payoff statement, which will detail the total amount due and payable on the mortgage. If you have received a down payment assistance loan, you will also order a payoff statement for that loan.

CHFA loan programs funded by tax exempt bonds may be subject to the Recapture Tax upon the sale of your home. If you are required to pay that tax when you sell yur home, you may qualify for CHFA's Federal Recapture Tax Reimbursement.

If you have someone interested in taking over your loan payments, find out more about the possibility of that potential buyer assuming your loan.

If the current value of your home is less than the total amount owed on your mortgage, you may request a short sale. Read more about this in our foreclosure prevention section.

If you are selling your home and buying a new one, CHFA can still be your lender.  CHFA’s Taxable Home Opener program is open to people who have already owned a home. 

Contact Us

Call 303.297.7493 or  toll free 888.925.5720.

Email the Loan Servicing Division.