FHA Down Payment Grants for 2020

CHFA FirstStep Plus

The Colorado Housing and Finance Authority offers potential homebuyers the CHFA FirstStep Plus, a down payment assistance program that works in conjunction with the CHFA FirstStep home loan. This program provides individuals with funds to help cover some of the upfront costs associated with a mortgage transaction. 

CHFA SmartStep Plus

The CHFS SmartStep Plus program helps homebuyers with down payment and closing cost assistance. The Colorado Housing and Finance Authority (CHFA) offers the program to eligible borrowers who need assistance with paying the high upfront costs of buying a house. 

Metro Mortgage Assistance Plus Program

The Metro Mortgage Assistance Plus Program is an initiative of Denver's Office of Economic Development. In order to help low and moderate income families get over the hurdle of making down payments, the program offers a grant to help pay the upfront costs.

Turnkey Mortgage Program

The Turnkey Mortgage Origination Program offers low- to moderate-income homebuyers in El Paso County a 30-year, fixed-rate mortgage that comes with a down payment assistance grant of 4% of the mortgage amount.

Down payment assistance programs and/or grants were researched by the team at FHA.com. Please note that all programs listed on this website may involve a second mortgage with payments that are forgiven, deferred, or subsidized in some manner until resale of the mortgaged property.

FHA.com's compilation is not a complete list, but it can serve as a starting point in your search for the down payment assistance program or grant for your situation. It is up to the consumer to contact these entities and find out the specifics of each program.

FHA Down Payment Programs Near You