CHFA loan servicing is handled through a servicing alliance between the Colorado Housing and Finance Authority and Dovenmuehle Mortgage, Inc. Here is how payments, hardship assistance, insurance changes, payoffs, and account questions actually work after closing on a CHFA loan.
CHFA does not lend money directly to consumers, so the loan officer at a CHFA Participating Lender becomes your guide. Here is exactly what that person will help you with, from choosing a program and confirming requirements to homebuyer education and closing day in Colorado.
CHFA's Find a Participating Lender tool lets Colorado homebuyers filter loan officers by Gold, Silver, and Bronze status. Those levels are determined by production — the number of households who used a CHFA loan program with that loan officer over the previous calendar year or most recent rolling twelve-month period.
Every borrower on a CHFA purchase loan must complete a CHFA-approved homebuyer education class before closing — not just one person per household. Here's how the class works, the in-person and online options, how long the certificate lasts, and when to take it so it never delays a Colorado closing.
CHFA offers two ways to help Colorado homebuyers with down payment and closing costs: a grant that never has to be repaid, and a deferred second mortgage that is repaid later. Here is how the two structures actually differ, how repayment works, and how a Colorado Springs buyer decides between them.
After closing on a CHFA loan, your servicing is handled by CHFA through its alliance with Dovenmuehle Mortgage, Inc. (DMI). Here is exactly where to send payments, how to set up online access, and who to contact for account questions, insurance changes, hardship help, and payoffs.
CHFA helps Colorado buyers cover the down payment with a grant up to 3% or a deferred second mortgage up to $25,000. Here is how it works in 2026, who qualifies, and the El Paso County limits.
CHFA raised its income and purchase price limits effective June 15, 2026 — here are the new El Paso County (Colorado Springs) numbers, the year-over-year change, and who qualifies.