CHFA Schools To Home — Colorado Teacher Down Payment Assistance

Up to 25% down payment assistance for Colorado public school employees

The CHFA Schools To Home program provides down payment assistance specifically for Colorado public school employees. Eligible educators and school staff can receive up to 25% down payment assistance to help buy a home in the communities where they teach.

This program is designed to help Colorado teachers, administrators, and support staff achieve homeownership in Northern Colorado and across the state. SAA Homes helps educators find homes within program limits and coordinate with CHFA participating lenders.

General CHFA Requirements

  • Credit score: Minimum mid-score of 620 (some programs allow no credit score)
  • Borrower contribution: At least $1,000 toward the home purchase
  • Homebuyer education: Complete a CHFA-approved class before closing
  • Income limits: Household income must not exceed county-specific CHFA limits
  • Purchase price limits: Home price must fall within program limits for your county
  • Debt-to-income: 50% DTI max (620–659 FICO) or 55% max (660+ FICO)
  • Participating lender: All CHFA loans are originated through approved lenders — not directly from CHFA

Frequently Asked Questions About CHFA Down Payment Assistance

Who is eligible for CHFA Schools To Home?

Full-time employees of Colorado public school districts, including teachers, administrators, counselors, nurses, and support staff. Eligibility is determined by your lender based on program guidelines.

How much down payment assistance can teachers get?

The CHFA Schools To Home program offers up to 25% down payment assistance. Exact amounts depend on the home price, loan type, and program guidelines. Your lender can confirm specific figures.

Can I combine Schools To Home with other CHFA programs?

No. Schools To Home is a standalone program and cannot be combined with other CHFA first mortgage or down payment assistance programs. Your lender helps identify the best single program for your situation.

Work With Schwartz and Associates

Are you a Colorado educator looking to buy a home? Contact SAA Homes at (970) 999-1407 for guidance on the CHFA Schools To Home program and Northern Colorado real estate.