Colorado Housing Finance Authority
CHFA FirstStep Loan Program is available to homeowners in Montrose, CO.
CHFA offers first-time homebuyers in Montrose access to affordable 30-year fixed mortgages with optional down payment assistance up to 5% of the loan amount. Income and purchase price limits apply based on household size.
Down payment assistance calculated as 5% of estimated home value
Official source site checked live on 2026-06-22.
Data last verified 2026-06-09. How we verify our data.
In Montrose, CO, you can combine this program with other local help to cut your cost:
A grant-savvy contractor in Montrose, CO can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.
Documents you will likely need
Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.
Deadline: Ongoing program
Ask us. It is free, and a real person answers within a business day.
Email us about this programDown payment assistance up to 5%.
CHFA FirstStep Loan Program is open to homeowners in Montrose, CO.
Apply directly with Colorado Housing Finance Authority using the official program link on this page or call (800) 877-2432. There is no middleman and no fee.
Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.
Rebates and discounts that stack on top of any grant. Most are free to use.
This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.
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