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07-08-2009, 09:40 AM
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I help make great deals
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Join Date: Jun 2006
Location: South Metro Denver
4,511 posts, read 4,473,080 times
Reputation: 1323
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First Time Home Buying in Colorado
(DENVER) – First time home buyers looking to take advantage of today’s competitive home prices and the $8,000 federal tax credit may have another reason to buy a home. CHFA (Colorado Housing and Finance Authority) has launched a statewide Mortgage Credit Certificate program, which gives qualifying first time home buyers even greater tax benefits from home ownership than traditionally available.
To apply for a CHFA Mortgage Credit Certificate, contact one of CHFA’s participating lenders, or inquire about Mortgage Credit Certificates with your local lending institution. To view a complete list of lenders currently authorized to issue CHFA Mortgage Credit Certificates visit CHFA - Financing the places where people live and work.
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07-09-2009, 09:14 AM
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Member
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Join Date: Jul 2009
Location: Wellington, FL
18 posts, read 8,254 times
Reputation: 23
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Is this for first time homebuyers in CO or in general?
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07-09-2009, 09:51 AM
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I help make great deals
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Join Date: Jun 2006
Location: South Metro Denver
4,511 posts, read 4,473,080 times
Reputation: 1323
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The $8,000 tax credit is for any first time (or not in the last 3 years) home buyers, closing before 12/1/2009. CHFA is only for properties in Colorado.
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07-09-2009, 07:17 PM
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Junior Member
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Join Date: Jul 2009
4 posts, read 2,177 times
Reputation: 10
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Quote:
Originally Posted by 2bindenver
(DENVER) – First time home buyers looking to take advantage of today’s competitive home prices and the $8,000 federal tax credit may have another reason to buy a home. CHFA (Colorado Housing and Finance Authority) has launched a statewide Mortgage Credit Certificate program, which gives qualifying first time home buyers even greater tax benefits from home ownership than traditionally available.
To apply for a CHFA Mortgage Credit Certificate, contact one of CHFA’s participating lenders, or inquire about Mortgage Credit Certificates with your local lending institution. To view a complete list of lenders currently authorized to issue CHFA Mortgage Credit Certificates visit CHFA - Financing the places where people live and work.
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What exactly does CHFA provide? Does it benefit people buying from out of state (but as primary residence)? |
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07-09-2009, 07:33 PM
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I help make great deals
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Join Date: Jun 2006
Location: South Metro Denver
4,511 posts, read 4,473,080 times
Reputation: 1323
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CHFA is Colorado Housing Finance Authority. Available to all home buyers in Colorado. Must use a participating lender.
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07-11-2009, 08:59 PM
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Senior Member
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Join Date: Jun 2009
Location: Denver, CO
372 posts, read 109,566 times
Reputation: 164
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I used them for my loan 5 years ago and I got a great deal.
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