Colorado Down Payment Assistance Programs

CHFA & metroDPA

CHFA Participating Lender, Security First Financial, Englewood, Colorado

What is CHFA?

Colorado Housing and Finance Authority (CHFA) offers affordable home purchase and refinance loans as wells as grants and second mortgage loans for down payment and closing cost assistance through their network of approved Colorado lenders.

CHFA Loan Programs

CHFA  Down Payment Assistance Grant*

  • Up to 3% of your first mortgage loan amount 

  • No repayment required

CHFA Down Payment Assistance Second Mortgage Loan*

  • Up to 4% of your first mortgage loan amount 

  • Repayment deferred until certain events, such as payoff of first mortgage loan, sale or refinance of your home, or if home no longer owner-occupied

CHFA Program Requirements

Borrowers must qualify according to our underwriting guidelines and meet these general requirements: 

CHFA mortgage programs are available to first-time and non-first-time Colorado home buyers... 

  • 30-year, fixed-rate government (FHA) and Conventional mortgage loans to purchase or refinance a home 

  • Down payment assistance grants and second mortgage loans for down payment and/or closing cost assistance (purchase only)

*CHFA down payment assistance can only be used when paired with a first mortgage loan under a CHFA program. Higher interest rates apply. First lien interest rates may be higher when using a DPA second.

metroDPA Down Payment Assistance, Security First Financial, Englewood, Colorado

What is metroDPA?

metroDPA is a wonderful down payment assistance program for low and moderate-income individuals and families located in and around the Denver Metro Area. They offer up to 6% down payment assistance to Colorado home buyers.

metroDPA Program Requirements

metroDPA is a wonderful down payment assistance program for low and moderate-income individuals and families located in and around the Denver Metro Area. They offer up to 6% down payment assistance to Colorado home buyers...

  • No First-Time buyer requirement 

  • Must be Principal Residence 

  • Must occupy within 60 days of the closing 

  • Household Income Limit: $150,000  

  • Minimum 660 credit score for FHA, USDA, VA (Minimum 640 credit score for Conventional)

  • Required homebuyer education - HUD Approved or CHFA

metroDPA Eligible Loan Types


  • Freddie Mac HFA Advantage

metroDPA Eligible Areas

  • Cities and Towns: Arvada, Aurora, Bennett, Berthoud, Boulder, Brighton, Broomfield, Castle Rock, Centennial, Commerce City, Dacono, Deer Trail, Denver, Edgewater, Englewood, Erie, Evans, Federal Heights, Firestone, Fort Collins, Frederick, Golden, Greeley, Highlands Ranch, Keensburg, Lakewood, Littleton, Lochbuie, Lone Tree, Longmont, Mead, Northglenn, Parker, Platteville, Sheridan, Superior, Thornton, Watkins, Westminster, Wheat Ridge

  • Counties: Adams County, Arapahoe County, Boulder County, Broomfield County, Denver County, Douglas County, Jefferson County, Larimer County

Counties are for the unincorporated area outside of city limits.

Security First Financial is a CHFA Participating Lender and is an approved metroDPA lender.

Our team is here to answer any questions you have.
We can help you understand more about:
  • Home loan programs

  • Current mortgage rates

  • The home loan process

  • What you'll need for your application

  • What to expect after you complete your application

  • Security First Financial Facebook
  • Security First Financial LinkedIn
  • Security First Financial YouTube
  • Security First Financial Instagram
  • Security First Financial Twitter

Security First Financial is a division of Primary Residential Mortgage, Inc. PRMI NMLS 3094. Branch NMLS ID# 385589. PRMI is an Equal Housing Lender. Some products and services may not be available in all states. Credit and collateral are subject to approval. Terms and conditions apply. Programs, rates, terms, and conditions are subject to change and are subject to borrower(s) qualification. This is not a commitment to lend. Colorado – Regulated by the Division of Real Estate, UCCC #987701-016. Arizona – Arizona Department of Financial Institutions 0902614. Massachusetts – Licensed by the Massachusetts Division of Banks as a Broker and Lender as #MC3094. Florida - Florida Office of Financial Regulation MLD646. Texas - This office is licensed and examined by the Office of Consumer Credit Commissioner of the State of Texas. 

Your opinion is greatly appreciated, we thank you for visiting this website of Primary Residential Mortgage, Inc. If you have specific questions, comments, concerns, or complaints we invite you to contact us by the email shown here: Emails received during business hours should receive a response within 48 hours, excluding weekends or holidays.

Primary Residential Mortgage, Inc. is licensed under the State of Texas and by state law is subject to regulatory oversight by the Texas Department of Banking through one of the means indicated below: In Person or U.S mail: 2601 North Lamar Boulevard, Suite 300, Austin, Texas 78705-4294, Telephone No. (877) 276-5554, Fax No: (512)475-1313 Email: Website:

Consumers wishing to file a complaint against a mortgage banker or licensed mortgage banker residential loan originator should complete and send a complaint form to the TX department of savings and mortgage lending, 2601 North Lamar Suite 201, Austin, Texas 78705. Complaint forms and instructions may be obtained from the department’s website at A toll-free consumer hotline is available at 1-877-276-5550. The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed mortgage banker residential mortgage loan originators. A written application for reimbursement from the recovery find must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department’s website at


©2021 Security First Financial, A Division of Primary Residential Mortgage, Inc. All rights reserved.

Security First Financial Logo