chfa smartstep

​CHFA SmartStepsm purchase mortgage program is open to homebuyers that have a mid credit score of 620 or higher. This program features CHFA's lowest mortgage interest rate.
If you qualify, you may also pair CHFA SmartStep with CHFA's down payment and closing cost assistance programs.  

​​​​​​​​chfa smartstep qualifications 

Applicants must meet the following minimum criteria*:

  • Meet income limits​​​
  • Complete a CHFA homebuyer education class (online or in-person) prior to loan closing
  • Contribute a minimum of $1,000 toward the transaction
  • Have a mid credit score of 620 or higher

​​​​* 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.​

down payment assistance​​

CHFA SmartStep Plus has the same feature​s as the CHFA SmartStep program and offers a CHFA Down Payment Assistance Grant (​CHFA DPA Grant) to help with down payment, closing costs, and/or prepaids.

Find a CHFA Participating Lender


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