To meet the needs of a broad spectrum of buyers, CHFA offers a variety of programs. Click on each of the programs below to find corresponding descriptions, directives, and income and purchase price limits. Forms are available in CHFA HomeConnectionsm on an individual loan basis. Access a specific loan to see the applicable forms.
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CHFA FirstStepsm and CHFA FirstStepsm Plus
The CHFA FirstStep and CHFA FirstStep Plus statewide Mortgage Loan programs are available to first time homebuyers, eligible veterans,
or non-first time borrowers purchasing property located in a targeted area.
These programs offer affordable interest rates and a 30 year term.
CHFA FirstStep Plus includes a 30 year fixed rate second mortgage loan to assist with down payment and/or closing costs.
Borrowers must meet income and purchase price limits, as well as complete a CHFA approved first time homebuyer education class.
CHFA FirstStep and CHFA FirstStep Plus loans may be subject to the (CHFA reimbursable) IRS Recapture Tax and may not be used in conjunction with the Mortgage Credit Certificate (MCC) program.
CHFA FirstStep Program Matrix
CHFA FirstStep Plus Program Matrix
Income Limits
CHFA Form 110 Buydown Agreement
CHFA Form 205 Modification of Promissory Note and Deed of Trust
CHFA Form 220 Tax Exempt Financing Rider
CHFA Form 230M Non-MERS Assignment
CHFA Form 306 Second Mortgage Note (Interest Bearing)
CHFA Form 311 Second Mortgage Deed of Trust (Interest Bearing)
CHFA Form 331A Second Mortgage (Interest Bearing) Initial Truth-in-Lending Disclosure Statement
CHFA Form 331B Second Mortgage (Interest Bearing) Final Truth-in-Lending Disclosure Statement
Second Mortgage Loans -
Document Instructions Interest Bearing Second
CHFA Form 332A Good Faith Estimate (Interest Bearing)
CHFA Form 332B HUD-1A Second Mortgage (Interest Bearing)
CHFA Form 401 Initial Applicant Affidavit
CHFA Form 402 Final Applicant Affidavit
CHFA Form 404 Seller Affidavit
CHFA Form 701 Income Computation Worksheet
CHFA Form 704 Change or Cancellation of Reservation
CHFA Form 719 Veteran Waiver Affidavit
CHFA Form 730 Compliance Submission Voucher
CHFA Form 733 Purchase Submission Voucher
CHFA Form 735 Document Checklist
CHFA Form 738 Post Closing Submission Voucher
CHFA Form 739 Second Mortgage First Payment Letter
CHFA Form 740 Risk Information Score Card and Instructions
CHFA Form 740 Risk Information Score Card
CHFA FirstStep and CHFA FirstStep Plus forms are available in CHFA HomeConnection on an individual
loan basis. Access a specific loan to see the applicable forms.
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CHFA HomeOpenersm and CHFA HomeOpenersm Plus
CHFA HomeOpener and CHFA HomeOpener Plus are statewide first mortgage programs available to homebuyers. There are no purchase price limits or First Time Homebuyer requirements, and mortgage loans originated in these programs are not subject to the Recapture Tax provision. The CHFA Second Mortgage Loan may not be used with the CHFA HomeOpener program; however, the CHFA HomeOpener Plus program includes the CHFA Second Mortgage Loan to assist with down payment and closing costs.
CHFA HomeOpener Program Matrix
CHFA HomeOpener Plus Program Matrix
Income Limits
CHFA Form 110 Buydown Agreement
CHFA Form 205 Modification of Promissory Note and Deed of Trust
CHFA Form 230M Non-MERS Assignment
CHFA Form 306 Second Mortgage Note (Interest Bearing)
CHFA Form 311 Second Mortgage Deed of Trust (Interest Bearing)
CHFA Form 331A Second Mortgage (Interest Bearing) Initial Truth-in-Lending Disclosure Statement
CHFA Form 331B Second Mortgage (Interest Bearing) Final Truth-in-Lending Disclosure Statement
Second Mortgage Loans -
Document Instructions Interest Bearing Second
CHFA Form 332A Good Faith Estimate (Interest Bearing)
CHFA Form 332B HUD-1A Second Mortgage (Interest Bearing)
CHFA Form 701 Income Computation Worksheet
CHFA Form 704 Change or Cancellation of Reservation
CHFA Form 730 Compliance Submission Voucher
CHFA Form 733 Purchase Submission Voucher
CHFA Form 735 Document Checklist
CHFA Form 738 Post Closing Submission Voucher
CHFA Form 739 Second Mortgage First Payment Letter
CHFA Form 740 Risk Information Score Card and Instructions
CHFA Form 740 Risk Information Score Card
CHFA HomeOpener and CHFA HomeOpener Plus forms are available in CHFA HomeConnection on an individual loan basis. Access a specific loan to see the applicable forms.
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CHFA JumpStart2 Tax Credit Program
CHFA JumpStart2 Tax Credit Program is a statewide First and
Second Mortgage Loan Program available to First Time Homebuyers. There are purchase price limits and income limits. Mortgage Loans originated in this
Program are not subject to Recapture Tax provisions. The CHFA JumpStart2 Second Mortgage Loan may be used for down payment and/or closing costs.
CHFA JumpStart2 Tax Credit Program Matrix
CHFA JumpStart2 Tax Credit Program Directive
CHFA JumpStart2 Second Mortgage Initial and Final Truth-in-Lending Instructions
Income and Purchase Price Limits
CHFA Form 110 Buydown Agreement
CHFA Form 205 Modification of Promissory Note and Deed of TrustCHFA Form 230M Non-MERS Assignment
Second Mortgage Loans - Document Instructions JumpStart2
CHFA Form 362A Good Faith Estimate (CHFA JumpStart2)
CHFA Form 362B HUD-1A Second Mortgage (CHFA JumpStart2)
CHFA Form 365 CHFA JumpStart2 Second Mortgage Note
CHFA Form 366 CHFA JumpStart2 Second Mortgage Deed of Trust
CHFA Form 461 CHFA JumpStart2 Second Mortgage Loan Initial Applicant Affidavit
CHFA Form 462 CHFA JumpStart2 Second Mortgage Loan Final Applicant Affidavit
CHFA Form 701 Income Computation Worksheet
CHFA Form 704 Change or Cancellation of Reservation
CHFA Form 735 Document Checklist
CHFA Form 738, CHFA HomeOpener, CHFA HomeOpener Plus, CHFA JumpStart2, and Hardship Refinance Post Closing Voucher
CHFA Form 740 Risk Information Score Card and Instructions
CHFA Form 740 Risk Information Score Card
CHFA Form 760 CHFA JumpStart2 Compliance Voucher
CHFA Form 763, CHFA JumpStart2 Purchase Voucher
CHFA Form 912 Borrower Completion of Special Online Training
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First Time Homebuyers who are disabled or the parent(s) of disabled children may be eligible for CHFA HomeAccess. A First Time Homebuyer is defined by CHFA as one who has not had an ownership interest in a primary residence for the three years prior to the mortgage loan closing. First mortgage and Second mortgage loans originated in this program may be subject to the recapture tax provision. This program has income and purchase price limits. This program has very limited funding. Please contact CHFA Home Finance at 888.320.3688 for current funds availability.
HomeAccess Program Matrix
Income and Purchase Price Limits
CHFA Form 205 Modification of Promissory Note and Deed of Trust
CHFA Form 220 Tax Exempt Financing Rider
CHFA Form 230M Non-MERS Assignment
CHFA Form 301A HomeAccess Second Mortgage Initial Truth-in-Lending Disclosure Statement
CHFA Form 301B HomeAccess Second Mortgage Final Truth in Lending
Second Mortgage Loans - Document Instructions HomeAccess
CHFA Form 302HA Good Faith Estimate (CHFA HomeAccess)
CHFA Form 302HB HUD-1A Second Mortgage (CHFA HomeAccess)
CHFA Form 305H HomeAccess Second Mortgage Note
CHFA Form 310H HomeAccess Second Mortgage Deed of Trust
CHFA Form 401 Initial Applicant Affidavit
CHFA Form 402 Final Applicant Affidavit
CHFA Form 404 Seller Affidavit
CHFA Form 700H Credit Review Submission Voucher and File Order
CHFA Form 701 Income Computation Worksheet
CHFA Form 702A Pre-Funding Submission Voucher
CHFA Form 702B Post-Funding Submission Voucher
CHFA Form 704 Change or Cancellation of Reservation
CHFA Form 709 HomeAccess/CHFA SectionEight Homeownership First Pay Letter
CHFA Form 715H Automatic Payment Authorization
CHFA Form 716H Authorization for Release of Information
CHFA Form 717H Contact Information
CHFA Form 738 Post Closing Submission Voucher
CHFA Form 740 Risk Information Score Card and Instructions
CHFA Form 740 Risk Information Score Card
HomeAccess forms are available in HomeConnection on an individual loan basis. Access a specific loan to see the applicable forms.
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CHFA SectionEightsm Homeownership Program
Homebuyers who receive Housing Assistance Payments (HAP) from Public Housing Authorities (PHA) are approved by the PHA to participate in their homeownership programs may be eligible for CHFA SectionEight Homeownership Program. There are purchase price limits and income limits. Mortgage Loans originated in this Program are not subject to Recapture Tax provisions. The CHFA SectionEight Plus Second Mortgage Loan may be used for down payment and/or closing costs.
Income and Purchase Price Limits
CHFA SectionEight and SectionEight Plus Homeownership Programs Matrix
CHFA Form 205 Modification of Promissory Note and Deed of Trust
CHFA Form 230M Non-MERS Assignment
CHFA Form 306 Second Mortgage (Interest Bearing) Promissory Note
CHFA Form 311 Second Mortgage (Interest Bearing) Deed of Trust
CHFA Form 331A Second Mortgage (Interest Bearing) Initial Truth-In-Lending Disclosure
CHFA Form 331B Second Mortgage (Interest Bearing) Final Truth-In-Lending Disclosure
Second Mortgage Loans -
Document Instructions Interest Bearing Second
CHFA Form 332A Good Faith Estimate (Interest Bearing)
CHFA Form 332B HUD-1A Second Mortgage (Interest Bearing)
CHFA Form 700S Credit Review Submission Voucher
CHFA Form 701 Income Computation Worksheet
CHFA Form 702A Pre-Funding Submission Voucher
CHFA Form 702B Post-Funding Submission Voucher
CHFA Form 704 Change or Cancellation of Reservation
CHFA Form 709 HomeAccess/CHFA SectionEight Homeownership First Pay Letter
CHFA Form 715H Automatic Payment Authorization
CHFA Form 716H Authorization for Release of Information
CHFA Form 717H Contact Information
CHFA Form 738 Post Closing Submission Voucher
CHFA Form 739 Second Mortgage First Pay Letter
CHFA Form 740 Risk Information Score Card and Instructions
CHFA Form 740 Risk Information Score Card
CHFA SectionEight Homeownership forms are available in CHFA HomeConnection on an individual loan basis. Access a specific loan to see the applicable forms.
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Hardship Refinance
CHFA’s statewide Hardship Refinance program helps individuals facing foreclosure because of a temporary and unforeseen financial crisis. It provides a one time opportunity for qualifying borrowers to pay off their existing delinquent mortgage and establish a new 30-year, conventionally uninsured first mortgage.
Program Matrix
Income and purchase price limits
Check List
Sample Counselor Letter
Program Documents and Stages
Fact Sheet
HUD-approved Housing Counselors
CHFA Form 205 Modification of Promissory Note and Deed of Trust
CHFA Form 230M Non-MERS Assignment
CHFA Form 701 Income Computation Worksheet
CHFA Form 704 Change or Cancellation of Reservation
Hardship Refinance forms are available in HomeConnection on an individual loan basis. Access a specific loan to see the applicable forms.
back to topCHFA Statewide Mortgage Credit Certificate (CHFA MCC)
The CHFA Statewide Mortgage Credit Certificate (CHFA MCC) program allows first time homebuyers and certain qualified homeowners refinancing a mortgage to claim up to 20 percent of their mortgage interest each year as a federal tax credit on their Federal Income Tax Returns.
The first time homebuyer requirement is waived if the property is located in a
targeted area. MCCs cannot be used with CHFA FirstStep and CHFA FirstStep Plus. CHFA offers MCCs statewide. To learn more about the MCC program, click here.
CHFA Statewide Purchase and Refinance
CHFA MCC Program Directive
Income and Purchase Price Limits
MCC-2: CHFA Statewide Purchase Initial Applicant and Lender Affidavit
MCC-2R: CHFA Statewide Refinance Initial Applicant and Lender Affidavit
MCC-3: Income Tax Affidavit
MCC-6: Seller Affidavit
MCC-7: Final Applicant and Lender Affidavit
MCC-9A: Compliance Approval Submission Voucher and File Order
MCC-9B: Final Certificate Submission Voucher And File Order
MCC-11: MCC Fee Refund Form
MCC-12: Gross Household Income Computation Worksheet
MCC-14: Notice Of Recapture Tax To Mortgage Loan Applicants
MCC-17: Change Or Cancellation Of Reservation
CHFA Form 707, Reservation Worksheet
CHFA Form 719, Veteran Waiver Affidavit
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Reissue Mortgage Credit Certificates (RMCCs)
Designed to reissue Mortgage Credit Certificates (MCCs) to current MCC holders who refinance their original mortgage loan, this program allows holders to maintain their federal tax credit, as long as they reside in the home as their principal residence.
Directive
Program requirements
Lender Letter for IRS form 8329
MCC-19
back to topCity of Boulder and CHFA Covenants Agreement
Agreement Regarding Affordable Housing Covenants (between CHFA and the City of Boulder)
Acknowledgement of Receipt of a Copy of Agreement
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