Make homeownership possible with Down Payment Assistance

Check Down Payment Assistance Programs in Colorado

Complete the short questionnaire above to determine which down payment assistance program is the best fit for your situation. A loan professional at Diamond Residential Mortgage Corporation will review the information you submit and guide you to the best loan solution.


Top Down Payment Assistance Programs in Colorado

After you select the best option for you, fill out our questionnaire, and let our loan professionals guide you through the process from start to finish.

Colorado Housing and Finance Authority

Homebuyers using one of our first mortgage loan programs to finance their home purchase are eligible to use CHFA assistance options to help with down payment and/or closing costs. 

  • 30-year, fixed rate government and conventional mortgage loans to purchase a home
  • Down payment assistance grants and second mortgage loans for down payment and/or closing cost assistance
  • Available to first-time and non-first-time

Down Payment Assistance Grant

  • Up to 3 percent of your first mortgage**  
    (Example: Get up to $6,000 on a $200,000 mortgage)
  • No repayment required

Second Mortgage Loan*

  • Up to 4 percent of your first mortgage**
    (Example: Get up to $8,000 on a $200,000 mortgage)
  • Repayment of loan balance deferred until certain events, such as payoff of your first mortgage, or the sale or refinance of the home, or the home is no longer your primary residence. 

metroDPA is a unique down payment assistance program for buyers with up to $176,700 of qualifying income to bring the dream of home ownership within reach. We know that lacking the funds for a down payment is often a barrier to home ownership. The program provides assistance as a no payment, zero-interest, forgivable assistance loan. As you apply for a 30-year fixed rate home loan, we help with down payment and closing cost assistance up to a percentage of your loan!

  •  3-year forgivable 2nd loan (0%)
  • Homebuyer education required for all borrowers
  • FTHBs/repeat buyers accepted
  • Income limit of $176,700

In addition to the statewide programs listed above, we may have additional city and county programs available. Please complete the form above so a loan professional can help guide you to the best available option.