Colorado Champions Home Loan Program — First Responder Home Loans

Expanded CHFA eligibility at 110% income limits for Colorado first responders and their households

The Colorado Champions Home Loan Program is a CHFA initiative created by SB26-053 that expands access to affordable home financing for Colorado first responders and their households by raising income eligibility to 110% of standard CHFA limits and pairing with down payment assistance up to $25,000 or 3–4% of the loan amount.

First responders in Larimer County (Fort Collins, Loveland, Wellington) and Weld County (Greeley, Windsor) can access the program through CHFA participating lenders. The program is expected to launch in late 2026 — sign up for updates on this page.

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

What is the Colorado Champions Home Loan Program?

It is a CHFA initiative created by SB26-053 that expands access to affordable home financing for Colorado first responders and their households by raising income eligibility to 110% of standard CHFA limits and pairing with down payment assistance.

Is this a brand-new loan product?

No. The program expands eligibility within CHFA's existing first mortgage and down payment assistance programs — it does not create an entirely separate loan product.

Does the program offer zero-down financing?

Down payment assistance grants can make upfront costs very low or zero in many cases, depending on loan size, purchase price, and other factors. Standard CHFA requirements still apply, including a minimum $1,000 borrower contribution.

Who counts as a first responder under SB26-053?

Peace officers (including corrections officers, 911 specialists, wildlife officers, and more), firefighters, and EMTs — plus their households. The bill includes a broad definition of peace officer beyond sworn patrol roles.

When will I be able to apply for CHFA Champions in Colorado?

CHFA anticipates launching the program in late 2026. The law is effective August 12, 2026, but final guidelines and lender availability are still being developed. Sign up on this page for updates.

Can Fort Collins and Greeley first responders apply?

Yes. The program is statewide. First responders in Larimer County (Fort Collins, Loveland, Wellington) and Weld County (Greeley, Windsor) will access it through CHFA participating lenders serving Northern Colorado.

Work With Schwartz and Associates

Are you a Colorado first responder looking to buy a home? Contact SAA Homes at (970) 999-1407 for guidance on the Champions Home Loan program and Northern Colorado real estate.