Douglas County Housing Partnership
STEP 1:
Attend a FREE First-Time Home Buyer Class*
Must attend a CHFA approved class in person.
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.
Income Qualifications:
The maximum income to qualify for the First-Time Homebuyer Program:
1 person
2 person
3 person
4 person
5 person
6 person
$43,600
$49,800
$56,050
$62,250
$67,250
$72,250
FOR MORE INFORMATION ON THIS
GREAT OPPORTUNITY, CALL THE DCHP AT: 303-784-7857
