How does a Down Payment Assistance* program work?

Financialconsultation

DPA programs may be able to provide borrowers with down payment and/or closing cost assistance. The assistance amount that a borrower receives may be dependent on several factors including the program, the borrower's income, and the purchase price of the home.

 

What are some DPA benefits?

Colorado Housing & Finance Authority (CHFA) first time home buyer programs available.

Fannie Mae Home Ready and Freddie Mac Home Possible with 97% loan-to-value** (3% down) available for first time home buyers.

Little to no money down for qualified applicants.

metroDPA Program available.

Chenoa Fund
Down Payment Assistance Loans

Fairway: Providing Affordable Mortgages and Unbelievable Customer Service for more than 21 years!

Whether you’re buying your first home and are in need of a loan with little or no money down, or you are purchasing your dream home and need to close quickly, trust Fairway to accommodate you the way you want to do business.

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