get with the (chfa) program



​Real Estate Professionals 
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 There is a lot of outdated information about CHFA in the market that could be keeping you from customers that might benefit from our programs.

did you know…

    • We offer conventional, FHA, VA, USDA-RD loans.
    • Non-first-time homebuyers are accepted on most CHFA loan programs.
    • We have program compliance review turnaround times of less than 24 hours.
    • We have up to 3% down payment assistance as a grant and up to 4% as a non-interest bearing second mortgage loan.
    • We have loan programs available for borrower(s) with credit scores of 620 and higher.
    • There is a $120,100 income limit on most programs.
    • There is a maximum loan limit of the lower of $484,350 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 Pam Francil to learn how CHFA may be able to benefit your homebuyers.