CHFA eNews: Home Finance
chfa enews - home finance 
  May 10, 2018

update: chfa seller's guide

CHFA is pleased to announce the publication of a revised and updated CHFA Seller’s Guide. This new version is a comprehensive update of the guide and incorporates all program and process changes previously announced via eNews announcements, webinars, and program matrices.

The Participating Lenders Announcement outlines the following primary changes:
  • User consent to collect and use contact information
  • Specificity regarding CHFA Second Mortgage Loan subordination terms when utilizing a CHFA Refinance product
  • Properties with cisterns are allowed
  • Addition of CHFA requirements on how to change, transfer, or cancel loans
  • Clarification on how to calculate Borrower income
  • Clarification on first payment due dates

The Seller’s Guide is a crucial component of our efforts to ensure that doing business with CHFA is simple, efficient, and straightforward.

Please contact CHFA Home Finance with any questions regarding these changes.

CHFA Home Finance
303.297.7376 or 888.320.3688 Denver
970.241.2341 or 800.877.8450 Western Slope


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