|
|
Total Household Income Limits
By Family Size |
Amount of Assistance and Uses of Funds |
Minimum Investment
Required from Buyer |
Interest Rate & Term |
Monthly Payment Required |
Forgiven |
|
Aurora HOAP |
1-
$42,550
2-
$48,650
3-
$54,700
4-
$60,800
City of
Aurora only |
Up to
$10,000 for
down
payment and/or
closing
costs |
1% of
the
purchase
price (Buyer(s)
can’t get cash back at closing) |
3%
rate
first 5
years only
30 yr.
term |
No |
No |
|
Funding Partners- H2O |
1 -
$42,560
2 -
$48,640
3 -
$54,720
4 -
$60,800
Denver
Metro-x Boulder |
Up to 5%
of the sales price for
down
payment and/or
closing
costs |
$1,000.00
(Buyer(s) can’t get cash back at closing) |
15 yr.
term
no
interest
equity
share
program unless paid in
first 2
years |
No |
No |
|
CHFA-
Home
Opener |
1 -
$71,800
2 -
$82,500
3+ -
$93,300
Denver
Metro-x Boulder |
Up to 3%
for
down
payment or closing costs |
$1,000.00
(Buyer(s)
can’t get cash back at closing) |
Changes
Daily
30 year |
Yes |
No |
|
Colorado Housing
Enterprises |
1-
$57,845
2-
$66,010
3-
$74,290
4-
$82,570
Denver
Metro-x Boulder |
Loan
amounts range from $3,000-$10,000 for down payment
and/or closing costs |
$500 |
5-7 yr.
term
currently
low |
Yes |
No |
