chfa home finance enews

Information on upcoming training offered by CHFA Home Finance in January 2025.

Are you looking to find quick answers to all your CHFA-related questions? Knowing the right resources to use can help. Become a CHFA expert by watching this short video, which breaks down where to find information based on the level of specifics you are looking for.

For any loan closed in 2024 and purchased by CHFA after January 28, 2025, Participating Lenders are responsible at a minimum for the payment of the first half of required prior year’s property taxes and all previous years’ taxes.

Happy Holidays! It’s important to plan ahead, so we have included two important reminders regarding:

Have you used CHFA FirstStep and CHFA FirstGeneration to help your borrowers purchase a home? If so, you will benefit from our next training video.

CHFA always strives to better understand the needs of our lending partners. Please take a moment to help us by responding to a brief survey focused on our customer service, programs, processes, delivery, and access. Your responses will highlight opportunities for CHFA’s growth and development.

Wishing you every happiness this holiday season and throughout the coming year.

CHFA’s Direct Effect Awards recognize Colorado nonprofit organizations whose missions align with CHFA’s work to strengthen Colorado by investing in affordable housing and community development.

CHFA HomeConnection will be undergoing maintenance this weekend, beginning Friday, December 6, 2024, at 6:00pm MT. During this time, lenders will not be able to access the system to make locks, review pipelines, or upload loan files/documents.

We are interested in your experiences using the CHFA website. We would like to invite you to participate in an anonymous survey to help us ensure that chfainfo.com is user-friendly, up-to-date, and meets your needs.

Your responses will highlight opportunities for CHFA’s growth and development. Respond today: CHFA Participating Lender Survey.

Information on upcoming training offered by CHFA Home Finance in December 2024.

Happy Holidays! It’s important to plan ahead, so we have included two important reminders regarding: CHFA Operational Hours and Homebuyer Education Certificates

Join us for this short video, in which we will review how to find approved English- and Spanish-language homebuyer education options on the CHFA website as well as some important class requirements.

CHFA is pleased to announce the publication of a revised and updated CHFA Seller’s Guide. This version is a comprehensive update of the guide and incorporates recent CHFA program and process changes previously announced via CHFA eNews announcements, webinars, and program matrices.

Effective Monday, November 4, 2024, CHFA will offer an option for CHFA homeowners to refinance their current CHFA FHA loans and subordinate an existing CHFA DPA Second Mortgage Loan, if applicable.

Did you know that the most common obstacle for compliance approval of CHFA FirstStepand CHFA FirstGeneration loans is the income calculation?

Information on upcoming training offered by CHFA Home Finance in November 2024.

CHFA FirstGeneration and CHFA FirstStep loans require a complete and fully executed CHFA Form 401, Initial Applicant Affidavit for Program Compliance Review, prior to closing.

In a recent audit, it was discovered that over 2,000 loans were not transferred to CHFA because flood certification companies were not notified of CHFA’s purchase of the loans.

CHFA is here to support your commitment to help Coloradans achieve their dreams of homeownership. We are proud to announce that in addition to our regularly scheduled live trainings, we now provide an on-demand library that can fit your busy schedule.

As CHFA’s Board Chair, I can say without question that Cris will be tremendously missed. We trust and value Cris’ leadership and the culture of excellence he has cultivated during his tenure. His impact has been transformational for CHFA and its mission.

Earlier today, I shared with the Board of Directors my intention to retire as CHFA’s Executive Director and CEO effective March 2025.

Information on upcoming training offered by CHFA Home Finance in October 2024.

Applications for CHFA’s Direct Effect Awards are due today, September 13th, by 11:59pm MT.