Grant your borrowers the freedom of homeownership with our down payment assistance grant! The CHFA DPA Grants are:
- Available for up to 3 percent of the first mortgage loan; and
- Able to help with down payment, closing costs, and/or prepaids.
The CHFA DPA Grant can be paired with the following programs*:
- CHFA Preferred Plussm
- CHFA SmartStep Plussm
- CHFA HomeOpenersm Plus
- CHFA SectionEightsm Homeownership Plus
borrower premiums - additional savings for your customers
Borrower Premiums can get your borrower up to 5 percent assistance. Learn more about Borrower Premiums here.
* CHFA HomeAccess will maintain its unique Second Mortgage Loan program for $25,000.
** The CHFA Statewide Mortgage Credit Certificatesm and the CHFA HomeAccesssm programs will retain their purchase price limits.