Chances are, you don’t know the new CHFA. There is a lot of outdated information about CHFA in the market that could be keeping you from customers that might benefit from our programs.
We offer a Homebuyer 101 Webinar
Encourage your customers to attend CHFA's educational webinar to learn more about the homebuying process.
Check out upcoming Homebuyer 101 Webinar dates.
Check out upcoming Homebuyer 101 Webinar dates.
Did you know...
- We offer conventional, FHA, VA, and USDA-RD loans.
- Non-first-time homebuyers are accepted on most CHFA loan programs.
- Two of our most popular programs no longer require CHFA review before closing.
- We have up to 3% down payment assistance as a grant and up to 4% as a non-interest bearing second mortgage loan (may never exceed $25,000).
- We have loan programs available for borrower(s) with credit scores of 620 and higher.
- Generous income limits on most programs; our most popular program has a $160,300 income limit.
- There is a maximum loan limit of the lower of $766,550 or the loan limit required by FHA, VA, USDA-RD, Fannie Mae or Freddie Mac, as applicable.
- Qualifying income is accepted on most CHFA loan programs.
- Homebuyers do not need to put 20% down to qualify for CHFA loans (3.5% for FHA loan programs and 3% for conventional loan programs)
View the most commonly-asked questions about CHFA home loan programs and sign up for the CHFA Real Estate Professional eNews to stay on top of CHFA Home Finance information.
Questions?
Contact Home Finance to learn how CHFA may be able to benefit your homebuyers.