CHFA Disability Down Payment Assistance Colorado (2026): Up to $25,000 Deferred DPA
CHFA down payment assistance for Colorado homebuyers with disabilities
Colorado homebuyers with disabilities can access CHFA down payment assistance through the same standard CHFA programs available to all qualified buyers — but the structure of CHFA's deferred second mortgage can be particularly valuable for buyers managing disability-related expenses alongside a home purchase.
CHFA disability-accessible DPA is not a separate program. It is the standard CHFA down payment assistance — a deferred second mortgage with zero monthly payments, repaid only when you sell, refinance, pay off the first mortgage, or no longer use the home as your primary residence. The assistance can reach up to $25,000 or 3–4% of the first mortgage, depending on the program.
In Northern Colorado, buyers with disabilities working with SAA Homes have access to the full range of CHFA programs — SmartStep Plus (FHA/VA/USDA with grant or deferred DPA), Preferred Plus (conventional at up to 97% LTV), FirstStep Plus (FHA for first-time buyers), and FirstGeneration Plus (up to $25,000 regardless of loan size for eligible first-gen buyers).
- CHFA DPA options explained — Grant vs deferred second mortgage comparison
How disability DPA works in practice
The key feature of CHFA disability-accessible DPA is its deferred repayment structure. Unlike a grant, which is free money, the deferred second mortgage requires no monthly payments — but must be repaid (typically from sale proceeds) when you sell, refinance, pay off the first mortgage, or move out of the home as your primary residence.
For disability recipients managing fixed incomes, the zero-monthly-payment structure means the DPA does not add to monthly housing costs. The $1,000 minimum borrower contribution is the main upfront cash requirement — on a $350,000 home, CHFA DPA of up to $25,000 can cover the down payment and most or all closing costs.
Standard CHFA requirements apply: 620 minimum credit score, $1,000 borrower contribution, homebuyer education, and county income and purchase price limits. Social Security Disability Income (SSDI) and Supplemental Security Income (SSI) count as qualifying income for CHFA purposes — your lender documents and verifies income sources during pre-approval.
- CHFA requirements — Credit, income, and purchase limits
Next steps for Northern Colorado buyers with disabilities
The path starts with a CHFA participating lender who will confirm eligibility, pre-approve you for a specific program, and document your income — including any disability-related income sources. Not all lenders handle disability income documentation the same way; ask about experience with SSDI/SSI and other disability benefit verification.
Once pre-approved, SAA Homes helps you find homes within CHFA purchase price limits, including accessible properties and neighborhoods that fit your lifestyle needs. We coordinate with your lender to ensure offers are structured correctly and close on time.
Call (970) 999-1407 to discuss your situation with Adam or Mandi Schwartz. Whether you're using CHFA disability DPA, Veterans benefits, or standard financing, we guide Northern Colorado buyers through every step — from lender introduction to closing day.
- Buyer services — How SAA Homes represents buyers
- Contact us — Free consultation — call (970) 999-1407
Frequently Asked Questions
Does CHFA have a down payment assistance program for borrowers with disabilities?
Yes. CHFA disability-focused assistance follows the same deferred second-mortgage structure as other CHFA DPA options — no monthly payments, repaid only when you sell, refinance, pay off the mortgage, or move out — and may reach up to $25,000 regardless of loan size. Program guidelines are updated periodically, so a CHFA participating lender confirms current eligibility and amounts for your situation.
Is there a separate disability mortgage program in Colorado?
There is no standalone disability mortgage program. CHFA disability assistance is accessed through standard CHFA first mortgage programs — SmartStep Plus, Preferred Plus, FirstStep Plus — with the DPA component available to qualified borrowers who meet program requirements including credit, income, and homebuyer education.
What credit score do I need for CHFA disability assistance?
The same CHFA minimum applies: 620 minimum mid-credit score for most programs. Some FHA-based programs allow borrowers with no credit score. Lenders may have additional overlays. A CHFA participating lender confirms your specific eligibility.
Can I use CHFA disability assistance in Fort Collins or Greeley?
Yes. CHFA programs are available statewide, including Larimer County and Weld County. Income and purchase price limits vary by county, household size, and whether the property is in a targeted area. SAA Homes helps Northern Colorado buyers with disabilities find homes within program limits.
How much down payment assistance can disabled borrowers get?
Most CHFA DPA programs offer up to $25,000 or 3–4% of the first mortgage. FirstGeneration Plus offers up to $25,000 regardless of loan size. Your lender confirms the exact amount based on the program for which you qualify.
Looking to buy with disability assistance?
Schwartz and Associates helps buyers across Northern Colorado understand CHFA disability-accessible DPA options. Free consultation — call (970) 999-1407.
Work With Schwartz and Associates
Ready to buy or sell in Northern Colorado? Contact SAA Homes at (970) 999-1407 or visit us at 3665 John F Kennedy Parkway, Suite 210, Fort Collins, CO 80525. Let our local experts guide you through every step of your real estate journey.