chfa preferred very low income program (VLIP) 30-year term purchase and refinance program Conventional loan - Freddie Mac “Home Possible Advantage for HFAs” Lower income limits than CHFA Preferredsm Mid credit score of 620 or higher required 3 percent down payment or equity required (may be gift) Down payment assistance available for purchase Lower monthly mortgage insurance payments Not subject to Recapture Tax Filter by Program - select a program name and the forms will appear below. All Programs CHFA Preferredsm/Preferred Plussm CHFA Preferred Very Low Income Program (VLIP) CHFA Advantagesm CHFA Advantage Very Low Income Program (VLIP) CHFA FirstStepsm/FirstStep Plussm CHFA SmartStepsm/SmartStep Plussm CHFA HomeAccesssm FHA Streamline Refinance CHFA SectionEightsm Homeownership Reissued Mortgage Credit Certificate informational documents CHFA VLIP Income Limits (CHFA Advantage, CHFA Preferred, and CHFA Preferred Plus)CHFA Preferred Very Low Income Program (VLIP) MatrixCHFA Seller's GuideCHFA Home Finance Program Comparison Card applicable forms CHFA Form 205: Modification of Note and Deed of TrustCHFA Form 230M: Non-MERS AssignmentCHFA Form 305: CHFA Second Mortgage NoteCHFA Form 310: CHFA Second Mortgage Deed of TrustCHFA Form 355A: Second Mortgage Good Faith Estimate (non-amortizing)CHFA Form 355B: Second Mortgage HUD 1A Settlement Statement (non-amortizing)CHFA Form 375: Second Mortgage Documents InstructionsCHFA Form 376: Second Mortgage Loan EstimateCHFA Form 377: CHFA Second Mortgage Closing DisclosureCHFA Form 704: Change or Cancellation of LockCHFA Form 707: Lock WorksheetCHFA Form 727: CHFA Preferred Purchase and Refinance Program Compliance Review Submission ChecklistCHFA Form 728: CHFA Preferred Purchase and Refinance Purchase Review Submission ChecklistCHFA Form 738: Post Closing Review Submission ChecklistCHFA Form 746-2nd: CHFA Second Mortgage Program Compliance Review Submission ChecklistCHFA Form 747-2nd: CHFA Second Mortgage Purchase Review Submission ChecklistCHFA Form 770: Condo Project Approval Certification (Conventional Loans only)CHFA Form 780: Housing Restrictions Approval Certification
