For first time home buyers, the federal tax credits and other incentives have ended. However, it’s still a fabulous time to buy your first home—interest rates are remarkably low and there is still a lot of inventory on the market. Several programs exist to help ease the barrier to purchasing your first home. Here are just a few:
- CHFA (Colorado Housing and Finance Authority) has a down payment assistance program for first-time homebuyers.
- FHA (Federal Housing Authority) loans are a great way get your first mortgage at a very low rate.
Here are some links to resources that have helpful information about buying a home for the first time.