chfa home finance enews

Per recent changes to Colorado law, all county clerks and recorders will be implementing a flat fee schedule for all recorded documents. This change will take place on July 1, 2025.

For loans locked on or after June 30, 2025, only one borrower on the loan must be a First-generation Homebuyer. However, all borrowers must be First-time Homebuyers.

On Monday, June 23, 2025, CHFA will be implementing a multifactor authentication process when logging into HomeConnection. This process provides CHFA, lenders, and homebuyers with an enhanced level of privacy and security.

CHFA is hosting virtual community engagement sessions via Zoom to gather feedback about forthcoming Accessory Dwelling Unit (ADU) financing authorized under HB24-1152.

To celebrate our home mortgage customers, we are hosting the Good to be home sweepstakes to give away a $1,000 gift card for National Homeownership Month!

Information on upcoming training offered by CHFA Home Finance in June 2025.

CHFA has updated income limits for all CHFA Mortgage Loan Programs. The new income limits are effective for new loan locks made on or after May 19, 2025.

Learn how to navigate HomeConnection by watching this short video, which breaks down how to check loan status and conditions, as well as what details can be changed after reservation.

Homebuyer education providers asked that we share some recent CHFA homebuyer trends with our lender partners. Addressing the following items with your CHFA borrowers may help streamline their homebuying experience:

Information on upcoming training offered by CHFA Home Finance in May 2025.

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.

Are you new to CHFA and wondering how to use our reservation system, CHFA HomeConnection? Learn how to navigate HomeConnection by watching this short video, which breaks down how to lock a loan and how to update details of a locked loan.

CHFA requires tax returns for certain CHFA Programs. When tax returns are required, CHFA will require a 2024 tax return for loans locked on or after April 15, 2025. A full transcript or a copy of the filed tax return including all pages is acceptable.

Information on upcoming training offered by CHFA Home Finance in April 2025.

Effective April 7, 2025, CHFA will no longer provide Second Mortgage Loan Estimate or Second Mortgage Closing Disclosure forms for use by our Participating Lenders.

Effective April 7, 2025, CHFA will no longer provide Second Mortgage Loan Estimate or Second Mortgage Closing Disclosure forms for use by our Participating Lenders.

In June 2024, CHFA announced that it made significant programmatic changes to the CHFA HomeAccesss Program. To further align our processes and create efficiencies, CHFA is making additional changes.

Information on upcoming training offered by CHFA Home Finance in March 2025.

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.

Have you shared the CHFA Homebuyer’s Roadmap with your customers? It has become a hot item since launching in September 2023—last year alone, 2,396 consumers visited the online version and 325 requested print copies!

CHFA staff will be participating in an all-staff event Friday, February 7, 2025. CHFA’s HomeConnection system will remain operational, allowing lenders to lock new loans and upload documents.

CHFA is pleased to announce the dates for its 2025 Direct Effect Awards.

Information on upcoming training offered by CHFA Home Finance in February 2025.

Would you like to help CHFA decide program and product offerings and when changes are needed?

CHFA would like to thank all our Participating Lenders for their continued support and dedication to Colorado homebuyers. With the help of our 119 active Participating Lenders, CHFA was able to help 5,291 households achieve homeownership.