Fact sheet
CHFA HomeAccess / HomeAccess Plus
OpenColorado Housing and Finance Authority (CHFA)
- Buyers
- Buyers living with a permanent disability, or custodial parents/legal guardians of a child or individual with a permanent disability who lives in the home at least 50% of the time
- Amount
- Optional 0% silent second up to $25,000 regardless of first-mortgage amount
- Form
- Deferred loan, repaid later
- Income cap
- $178,920 statewide, any household size
- Price cap
- None stated; max loan lower of $832,750 or FHA/VA/USDA limit
- First-time only
- No
- Pairs with CHFA Schools To Home
- no - separate CHFA first-mortgage program (FHA/VA/USDA-RD); choose it instead of Schools To Home
Matrix effective Aug 3, 2026. Second due on sale, refinance or if no longer primary residence. HomeAccess seconds cannot be subordinated on a later refinance.
Checked November 2026 · method
Check my eligibility →How HomeAccess works
HomeAccess is a CHFA first-mortgage program written on FHA, VA or USDA-RD loans. The Plus version adds an optional second mortgage of up to $25,000 at 0% interest with no monthly payment. Most CHFA seconds are capped at a percentage of the loan; this one is a flat dollar ceiling, so a buyer purchasing a modest home with a small loan can still reach the full $25,000. The second becomes due when you sell, refinance, or stop using the home as your primary residence.
Plan ahead on one detail: CHFA does not subordinate HomeAccess seconds on a later refinance. If rates drop and you refinance the first mortgage, expect to pay the second off at that time.
Who qualifies for HomeAccess?
The household must include either a buyer with a permanent disability, or a custodial parent or legal guardian of a child or adult with a permanent disability who lives in the home at least half the time. Income is capped at $178,920 statewide, and household size does not change that figure. You do not need to be a first-time buyer. No purchase price cap is stated; the total loan cannot exceed the lower of $832,750 or the FHA, VA or USDA limit. The program matrix we used took effect August 3, 2026.
Can HomeAccess be used with Schools To Home or other help?
HomeAccess is its own CHFA first mortgage, so a school employee who also qualifies picks HomeAccess or Schools To Home, not both. A related nonprofit option is the CHAC Disability Program, which lends up to $10,000 to the same kinds of households; whether it can sit behind a HomeAccess loan is something a participating lender confirms.
A quick way to see the value: on a $200,000 FHA loan, a 4%-capped CHFA second would top out at $8,000, while HomeAccess can still reach $25,000 because its ceiling is a dollar figure. That difference is the main reason a household that qualifies for HomeAccess usually prices it before any other CHFA option. The trade-off is the refinance rule above, so buyers who expect to refinance soon should plan for repaying the second at that point.
How to apply
CHFA does not lend directly. Ask a CHFA participating lender whether its loan officers originate HomeAccess, then gather documentation of the disability and of the household member's residency if you are the parent or guardian. CHFA programs require homebuyer education, so book the class early. Our FHA, VA and USDA comparison helps you choose the loan type, and you can check your eligibility before calling. Buyers in any county qualify, from Pueblo County to the Western Slope.
Questions about CHFA HomeAccess / HomeAccess Plus
How much is the HomeAccess second mortgage?
Up to $25,000 at 0% interest, regardless of the first-mortgage amount. It is optional.
Who counts as eligible for HomeAccess?
A buyer with a permanent disability, or a custodial parent or legal guardian of a child or adult with a permanent disability who lives in the home at least 50% of the time.
Can I refinance later with a HomeAccess second?
The second cannot be subordinated, so refinancing the first mortgage means repaying the second at that time.
Similar programs
- CHFA SectionEight Homeownership / SectionEight Homeownership Plus
- CHFA Preferred Very Low Income (VLIP)
- Colorado HFA1 / Colorado HFA1 Plus
- Colorado Roots Down Payment Assistance Fund
- Dearfield Fund Purchase Program
- CHAC Statewide Program - 5-Year Deferral
Summarized from the program's official page, November 2026. Money and rules shift; check today's terms with the administrator or a participating lender. Colorado Down Payment Assistance has no tie to this program.
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