chfa homeaccess/chfa homeaccess plus

program highlights:

  • 30-year fixed rate FHA 203(b) or USDA-RD purchase loans only
  • Restricted to first-time homebuyers and qualified veterans
  • Borrower must have a permanent disability or be a custodial parent of a child who has a permanent disability
  • CHFA HomeAccess Second Mortgage Loan up to $25,0000 available for assistance with down payment, closing costs, and prepaids
  • Income and purchase price limits apply
  • Program eligibility is subject to CHFA's gross annual income calculation
  • Minimum decision credit score of 620 or higher for all scored borrowers; borrowers with no credit score permitted
  • Subject to the Federal Recapture Tax provision
  • Cannot be combined with any MCC program
  • See matrix below for further details
  • Click here to view approved lenders that may offer this program

 applicable forms