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Douglas County

Prepared by:

Mari Takeshita @ Cherry Creek Properties Mari@RealtorMari.com 303.941.6274

Sharon Campbell @ Guild Mortgage Company at 720-746-4072

CONTACT US FOR MORE INFORMATION

Douglas County Housing Partnership will provide:

$15,000 in Down payment Assistance to qualified first-time homebuyers.

The Douglas County Housing Partnership (DCHP), a Multi-Jurisdictional Housing Authority, was formed as a cooperative effort between businesses and local and county governments to address the issue of the lack of affordable housing for people who work in the area.
The DCHP operates with financial support from the jurisdictions of the City of Lone Tree, the Town of Castle Rock, the Town of Parker and Douglas County as a political subdivision and public corporation of the State of Colorado.

Follow these steps with the Douglas County Housing Partnership, and let us lead
you to your own home in Douglas County!

STEP 1:
Attend a FREE First-Time Home Buyer Class*
Must attend a CHFA approved class in person.
TOPICS COVERED
Each Homebuyer Education Class walks you
through the entire home buying process, including: Douglas
County
Housing
Partnership
offers FREE
educational classes
to all those interested
in the home buying process
 Loan applications
 Credit scores
 Loan products
 Appraisals
 Insurance
 Home inspections
 Home maintenance
 Foreclosure prevention

STEP 2:
Complete a loan application with one of our Approved Lenders
Lender must submit Shadow Package to DCHP.
STEP 3:
Meet with DCHP to determine eligibility
Checklist – guidelines/qualifications
STEP 4:
Choose a Real Estate Agent and select your home in Douglas County
STEP 5:
Close the home purchase transaction and
MOVE IN!

The down payment assistance is in the form of a second mortgage. Borrowers will receive $15,000 and the funds may only be used for down payment, no closing cost assistance.The loan is amortized over 30 years at an interest rate of 3% resulting in a monthly payment of $63.24.
TOPICS COVERED
Each Homebuyer Education Class walks you
through the entire home buying process, including:
 Loan applications
 Credit scores
 Loan products
 Appraisals
 Insurance
 Home inspections
 Home maintenance
 Foreclosure prevention