Lifestyle Denver by Gretchen Rosenberg
Denver's Source for Real Estate News, Neighborhood Happenings
and Market Trends.
Home Financing Assistance Program Announced in Metro Cities
The City and County of Denver and the Metro Mayors Caucus launched the Metro Mortgage Assistance Plus Program on March 19. This an exciting new funding initiative to encourage Denver home ownership. If you’re looking for a Denver home and meet the financing requirements, you could be the beneficiary of mortgage
Some of the program highlights:
- The program provides a 4% grant for down payment and closing cost assistance – money the borrower does not repay.
- The program can currently be used to purchase any property in Denver or Littleton.
- There is not a requirement that the buyers be first-time owners.
- 12 pre-approved lenders are participating in the program.