Call Me Today: 719-660-9058

chfa

Great News for Colorado Springs Home Buyers and Sellers!

By in Buying

  Great news for sellers in Colorado Springs that experienced a short sale in 2014.  Fortunately, the mortgage debt forgiveness act was extended one more year. Homeowners that faced a hardship and were forced to short sell their home do not have to worry about the deficiency amount since it will be forgiven under the […]

Read More

Colorado Springs Home Buyers and CHFA

By in Buying

Home buyers in Colorado Springs that would like to buy a home but cannot afford the down payment can choose to utilize down payment assistance through the Colorado Housing and Finance Authority (CHFA). Borrowers must meet certain requirements in order to qualify for CHFA financing.  Home buyers qualifying for CHFA are required to make a minimum contribution of […]

Read More

Colorado Springs Real Estate: Changes with CHFA

By in Buying

Many home buyers in Colorado Springs that would like to buy a home but cannot afford the down payment choose to obtain down payment assistance from the Colorado Housing and Finance Authority (CHFA). Formerly, borrowers were not required to make any payments on the money received for the down payment (Silent 2nd Mortgage) until they sold or refinanced their home.  Now, […]

Read More