Colorado Gives Buyers Real Cash Help

Colorado offers a rare true grant: up to the lesser of $25K or ~3% of a first mortgage, with nothing owed back.
Buyers can instead choose a deferred second mortgage worth up to the lesser of $25K or ~4%, with no monthly payment before repayment at sale.
A separate first-generation option pairs up to $25K in deferred assistance with a 30-yr fixed mortgage and sometimes waives the usual first-time rule.
Higher income caps reflect Colorado’s cost of living; in El Paso County, eligibility reaches ~$127.8K for smaller households and ~$147K for larger ones.
Borrowers still complete a homebuyer course valid 12 mo, and some metro-area buyers can stack another $15K through a separate local program.