Programs and forms
Today's interest rates
Printable Brochures
Income and Purchase Price Limits
Targeted Area Maps
RISC
HomeConnection
Seller's Guide
Homebuyer education
Service providers
Meet your CHFA team
Becoming a CHFA lender
Real estate broker information
Lender and Real estate broker education
Participating lenders
Loan servicing
Lender Advisory Group
Geocoding system
CHFA eNews
FAQs
Website comments?
CHFA JumpStart2 Second Mortgage Loan Truth-in-Lending Instructions
Because of the complex Truth-in-Lending (TIL) calculation of the CHFA JumpStart2 Second Mortgage Loan...
Zero percent interest until 01.01.2011
8 percent interest from 01.01.2011 to 12.31.2020
Administrative fee of $350 with a potential refund of $250 if the CHFA Second Mortgage Loan is paid in full by 12.31.2010
Loan is closed in CHFA’s name
...CHFA will issue the Second Mortgage Loan Initial Truth-in-Lending Disclosure Statement within 72 hours after completion of a reservation in the CHFA JumpStart2 program. CHFA will fax the TIL to the CHFA Participating Lender, who is expected to deliver the document to the applicant in a timely manner.
CHFA Participating Lenders must request the Second Mortgage Loan Final Truth-in-Lending Disclosure Statement from CHFA no later than 48 hours before closing by emailing:
CHFAJumpStart@chfainfo.com
. CHFA will fax the document to the CHFA Participating Lender, who is expected to deliver the document to the borrower at closing.
In your request, please provide:
Closing date
Final second loan amount
Fax number and name of person receiving TIL
© 2010 Colorado Housing and Finance Authority
Home Finance
888.320.3688
en espanol
privacy & security policy
accessibility
contact
Western Slope Office -
1.800.877.8450