The Colorado Housing Assistance Corporation (CHAC) is another “first time buyer program” that is available, but should NOT BE CONFUSED with the Colorado Housing and Finance Authority (CHFA).
CHAC is a private nonprofit agency founded in 1982, offering loan programs and supportive financial counseling to help Colorado families turn dreams into reality. Here are some facts as of 2011:

* Location: Must buy a property in Colorado
* Where to go for more info: Colorado Housing Assistance
* Borrower must be a first time home buyer
o first time home buyer is someone that has not owned a home in 3 or more years
o single parent is considered a first time homebuyer if they do not currently own a home
* Borrower Cash Investment – a minimum of $1,000.00 of their own funds (not a gift)
* No Minimum Credit Score
* No Co-Borrowers
* Minimum Cash Investment of $1000
* Can be used in conjunction with the FHA 203K loan
* CHAC programs may vary depending on the geographic location of the property for the
latest information go to website Colorado Housing Assistance

1. Meet with CHAC approved lender and apply for a mortgage.
a. To apply online:
2. Your approved lender will facilitate all paperwork
3. Attend a first time home buyer class
5. Attend a CHAC meeting by phone prior to closing

Income qualifications guidelines apply and are subject to change without notice
Maximum Annual Income

FAMILY of 1 $42,500

FAMILY of 2 $48,600

FAMILY of 3 $54,650

FAMILY of 4 $60,700

FAMILY of 5 $65,600

FAMILY of 6 $70,450


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Why a train? Colorado steam engines reflect an earthiness and a simpler time when a handshake did not include a 16 page contract to buy and sell real estate. We can still make those old steam monsters run, but there are better, faster, more efficient ways to get that job done. Every day I learn new things about the people I work with and the real estate they want to buy or sell in Littleton, Englewood, or Centennial. I learn about things they want, desire and how to help them find their perfect home in metro Denver, Colorado. This way I learn how to negotiate better for them and get a better, stronger deal done.
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