Mile High Home Group – Welcome to Denver

Down payment assistance in Colorado works through state programs like CHFA and local grants providing 3-5% of your home price as forgivable loans or outright grants—up to $25,000-$35,000 for qualified first-timers, rolled into your mortgage and forgiven after 5-10 years of occupancy to ease entry into the Colorado housing market.

Program Mechanics and Stacking

After 15+ years in Denver real estate and thousands of transactions, I’ve guided buyers through CHFA SmartStep (3.5% FHA down with 5% grant) and Preferred (3% conventional plus DPA)—funds cover down payment or closing, no cash outlay if income stays under $140K-$160K household limits in Douglas or Jefferson Counties. MetroDPA adds 3-4% for Denver metro, stackable for Littleton $650K bungalows—forgiven staying put, repaid on sale or refinance. Highlands Ranch real estate ($700K medians) qualifies families near Mountain Vista schools, blending with HOAs ($150-$400).

Approval via CHFA lenders checks DTI under 45%, credit 620+.

Eligibility and Real-World Impact

First-time means no home in 3 years; targets teachers, firefighters under caps—saves $18K+ on $600K buys, slashing upfront from $30K to $5K. In market cycles, it counters 4-6% appreciation, aiding Highlands Ranch villages over pricier Denver real estate. Littleton Public Schools zones boost family apps; repayment risks low with steady jobs via C-470. Compared to standard loans, it accelerates equity without PMI hikes.

Local like Arapahoe DPA layers $10K more.

Practical Advice for Buyers and Sellers

Program	Assistance	Forgive Terms	Best For
CHFA SmartStep	5% grant	5 years	Highlands Ranch ranches
MetroDPA	4% loan	10 years	Littleton first-timers
Preferred	$25K max	On sale	Denver metro families

Buyers, apply lender-direct—gather W-2s, verify income; pair 680+ credit for sub-6.5% rates. Budget full PITI including HOAs; close under 60 days.

Sellers, verify buyer letters—offer 2% concessions, highlight school walks for program qualifiers.

My hands-on, concierge-level service streamlines apps block-by-block, weighs school/HOA fits through market cycles, builds pricing from local sales, and negotiates relentlessly for funded closes. Clients are long-term relationships and friends, not transactions—integrity, honesty, transparency, and relentless work ethic make assistance actionable.

If down payment aid fits your Colorado plans—Denver real estate, Littleton, Highlands Ranch details—reach out anytime. I’m here for a no-pressure conversation and honest guidance tailored to the Colorado housing market.