chfa home finance enews

Please be advised that despite new census tracts being identified by the Census Bureau, new census tracts have not been designated as “targeted” areas by the IRS*.

Information on upcoming training offered by CHFA Home Finance in December 2022.

For any loan closed in 2022 and purchased by CHFA after January 27, 2023, Participating Lenders are responsible at a minimum for the payment of the first half of required prior year’s property taxes and all previous years’ taxes due.

Effective, November 1, 2022, CHFA will transition back to our pre-pandemic homebuyer education model. In-person and live webinar classes will continue to be free. However, any borrower beginning a CHFA-approved online course on or after November 1, 2022, will be required to pay a $75 fee.

Information on upcoming training offered by CHFA Home Finance in November 2022.

We realize that errors occur. However, to avoid unnecessary modifications, please check to ensure all the information on the Promissory Note and Deed of Trust is correct prior to closing. Errors only slow down the review and purchase process.

Information on upcoming training offered by CHFA Home Finance in October 2022.

Colorado is returning to pre-pandemic activities. To this end, CHFA is also transitioning back to our pre-pandemic homebuyer education model. So, what’s changing?

CHFA is pleased to announce the publication of a revised and updated CHFA Seller’s Guide. This version is a comprehensive update of the guide and incorporates recent CHFA program and process changes previously announced via CHFA eNews announcements, webinars, and program matrices.

CHFA is pleased to announce we have a new, standardized Note and Deed of Trust for lenders to utilize on CHFA DPA Second Mortgage Loans. These new documents should be used for loans with Locks made on or after September 1, 2022.

Information on upcoming training offered by CHFA Home Finance in September 2022.

With the current interest rate market, it is critical that Mortgage Loans are delivered timely. Timely delivery of Mortgage Loans allows CHFA to purchase loans quickly and efficiently while offering the best rates possible.

CHFA Home Finance staff will be conducting staff appreciation starting at 11:00am on Friday, August 19, 2022.

All CHFA staff will be participating in an all-staff event today, Thursday, August 11, 2022. CHFA’s HomeConnection system will remain operational, allowing lenders to lock new loans and upload documents.

Upcoming training opportunities offered by CHFA's Home Finance team.

Applications for CHFA’s Direct Effect Awards are due today, June 30th, by 11:59pm MT. Don’t miss this opportunity to apply for an award for your nonprofit.

Please join CHFA for its 2022 David W. Herlinger Golf Tournament on Wednesday, August 31st, at Fossil Trace Golf Course in Golden, Colorado.

CHFA has updated income limits for its CHFA Preferred and CHFA Preferred Very Low Income Programs. The new income limits are effective for new loan locks made on or after June 27, 2022.

CHFA always strives to better understand the needs of our lending partners. Please take a moment to help us by responding to a brief survey about our customer service, programs, and processes.

CHFA; Housing Colorado; and Colorado Department of Local Affairs, Division of Housing (DOH) are pleased to host six statewide Outreach and Engagement Forums.

View upcoming training opportunities from CHFA Home Finance in July 2022.

Have a great homebuyer story to share? Perhaps you’ve been working with an individual for a while, or just helped a first-generation homebuyer. We’d love to hear these stories.

Join CHFA as we host David Mendez, Single Family Affordable Lending Manager with Freddie Mac®, as he speaks about the latest credit enhancements to Loan Product Advisor®.

CHFA has updated income limits for its CHFA SmartStep, CHFA FirstStep, CHFA SectionEight Homeownership, and CHFA HomeAccess Programs. The new income limits are effective for new loan locks made on or after June 13, 2022.

Join CHFA as we host David Mendez, Single Family Affordable Lending Manager with Freddie Mac®, as he speaks about the latest credit enhancements to Loan Product Advisor®.