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FIRST TIME HOMEBUYER DOWN PAYMENT
ASSISTANCE PROGRAM
CHAC provides FREE
First Time Home buyer
classes if you would like to
know more about the
home buying
process and other
programs. You can call us
or visit our website!
www.chaconline.org
303-572-9445
CHAC is always willing to answer any questions you may have, give
us a call!
Are you a First Time Homebuyer looking to purchase a home and need help with the down payment and/or closing costs? CHAC now has a program specifically for those homebuyers looking to purchase
in Arvada. Don’t let the lack of funds stop you from pursuing your homeownership
dream. CHAC also offers a statewide program.
Arvada Program Details: Income Limit: Household Income must be less than 115% AMI. For example;
1 person household limit is $67,562, 4 person household limit is $96,450.
Loan Amount: 6% of sales price or $10,000 (whichever is less).
Rate/Term: 2% for 30 years OR Defer payments for 5 years at 0% then 6% for
the next 25 years.
Qualifications: You will need to first qualify for a mortgage loan and attend a First Time Home
buyer class. There are additional qualifications that will be reviewed with your
initial application. Complete Income Limits and program information are on our
website www.chaconline.org
670 Santa Fe Drive, Denver, CO 80204 Phone 303-572-9445 Fax 303-573-9214
www.CHAConline.org
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