chfa homeaccess


CHFA HomeAccesssm is a unique loan program designed to help individuals with a permanent disability, or parent(s) of a child or children with a permanent disability become first time homebuyers. 

CHFA also provides an optional $25,000 CHFA HomeAccess Second Mortgage Loan for down payment and closing cost assistance.

​​​​chfa homeaccess qualifications

Applicants must meet the following minimum criteria*:

  • Be a first time homebuyer*
  • Have a permanent disability (as defined by the Social Security Administration)
  • Meet income limits​​, including SSI or SSDI
  • Contribute a minimum of $750 of borrower's own funds (or gift funds) towards the purchase of the home; may be reduced to $500 if borrower opts to use CHFA’s Automated Clearing House (ACH) payment program for future mortgage payments
  • Have a mid credit score of 620 or higher
  • Complete CHFA-approved homebuyer education class​ (online or in-person) prior to signing a purchase contract
  • Contact a CHFA approved HomeAccess loan officer

please note 
Individuals with disabilities receiving a HAP or Section 8 payment should inquire about the CHFA SectionEightsm Homeownership program.

* In addition to qualifying for the CHFA program guidelines, you must also qualify according to the first mortgage underwriting
   guidelines as determined by your CHFA Participating Lender.​


​**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.

 

​​​​down payment assistance​​

​CHFA also provides an optional $25,000 CHFA HomeAccess Second Mortgage Loan for down payment and closing cost assistance.

Find a CHFA Participating Lender

​contact

Contact a CHFA Partic​ipating Lender ​to get started on your road​ home.
​​​​​​​