DCHP Program Comparison

Down Payment Assistance Program

Foreclosure Mediation Program

Shared Equity Program

Program Comparison

Counseling for Reverse Mortgages (HECMs)

DCHP Credit and Budget Counseling Program

Homebuyers

Real Estate Professionals

	Down Payment Assistance	Shared Equity Program

Assistance Provided	5% of the purchase price of the home (Maximum assistance of $15,000)	Up to 20% of the purchase price of the home (Maximum purchase price is $300,000)

Repayment Terms	Borrowers have a choice of either (a) a 15 year loan term which will carry an interest rate of three percent below the 10-year Treasury Index (but no lower than a 1% interest rate), or (b) a 30 year loan term which will carry an interest rate of one percent below the 10-year Treasury Index (but no lower than a 3% interest rate). Monthly payments begin immediately. *Current interest rates are 1% for 15-years and 3% for 30-years.	No interest rate, no monthly payments. The same percentage of investment provided at the time of purchase must be repaid when the home is sold or refinanced. (Example: DCHP loans a borrower 20% of the purchase price. The borrower pays back 20% of the value of the home when they sell or refinance)

Maximum Annual Income Per Family Size
1	$42,550	$63,850
2	$48,650	$73,000
3	$54,700	$82,000
4	$60,800	$91,200
5	$65,650	$98,400
6	$70,550	$105,850

Borrower Contribution	$1,000	$1,000

Requirements	All programs are for first-time homebuyers and require that the borrower be currently living or working within the limits of Douglas County. All borrowers must attend a CHFA approved First Time Homebuyer Education Class..	Must be a foreclosed property and located in the designated census tract block groups (see map). The appraised value of the property must be at least 1% greater than the purchase price.

Douglas County Housing Partnership
9350 Heritage Hills Circle
Lone Tree, Colorado 80124

303-784-7857 Homeownership
303-814-2965 Administration
303-784-7856 Foreclosure Program