CHFA SmartStep Plus
Down payment assistance grant up to the lesser of $25,000 or 3% of the first mortgage amount — OR a second-mortgage option for borrowers who need more.
A firefighter-owned mortgage brokerage in Boca Raton, serving Colorado military service members and veterans across every metro in the state. $0 lender fees for first responders. The income-structuring expertise national lenders skip on military service member or veteran files.
Colorado doesn't run a hero-specific DPA, but CHFA SmartStep Plus offers up to $25,000 grant assistance for eligible buyers. For military service members and veterans buying in Denver or the Springs, that grant layered with VA or FHA often closes the gap on rising Front Range prices.
This page is for Colorado military service members and veterans specifically — buying or refinancing anywhere in the state.
Down payment assistance grant up to the lesser of $25,000 or 3% of the first mortgage amount — OR a second-mortgage option for borrowers who need more.
Colorado Housing & Finance Authority's standard DPA options layered on a CHFA first mortgage.
FirstStep, FirstGeneration, and HomeAccess programs for buyers who fit specific categories.
Zero down, no PMI, reduced funding fee for disability-rated veterans. For military service members and veterans who served before joining their current field, we structure dual-eligible files that often clear closing with $0 out of pocket.
For files that don't fit a DPA program — 3.5% down FHA, 3-5% down conventional, or non-QM bank-statement loans for military service members and veterans with 1099 side income. Every Colorado service has one.
BAH is fully countable as qualifying income when documented on your LES. For active-duty service members, BAH is what makes the VA loan math work — your tax-free housing allowance counts dollar-for-dollar toward your DTI. Most civilian lenders don't even know to ask for it.
Service-connected disability rating of 10% or higher waives the VA funding fee entirely — often a $5K–$15K savings on a typical purchase. We confirm the rating on the COE and structure the file to take full advantage.
Married service members with two VA-eligible entitlements can sometimes structure dual-active-VA financing — two zero-down purchases. We've placed dual-active files where the math beat any single-VA approach by $40K+ in lifetime interest.
Active-duty PCS moves often mean selling one home, buying another, and timing both around orders. We coordinate the sale-and-purchase together, structure bridge financing if needed, and prevent the 'two mortgages at once' problem.
VA benefits extend beyond active duty — Reservists with sufficient qualifying service, National Guard members with title-32 federal time, and qualifying surviving spouses (often with funding fee waivers) all qualify. We screen the eligibility ladder on every file.
We close mortgages in every Colorado county. The cities and metros where Colorado military service members and veterans most commonly buy:
Yes. BAH is fully countable as qualifying income on your LES. For active-duty service members buying in Colorado, your tax-free housing allowance counts dollar-for-dollar toward your DTI calculation. This is one of the most underused income types because civilian lenders don't always ask for the LES — we do.
No. Service-connected disability rating of 10% or higher waives the VA funding fee entirely. On a $400,000 purchase, that's roughly $9,000–$12,000 in savings depending on whether it's a first-use or subsequent-use VA loan. We confirm the rating on your COE and structure the file accordingly.
Yes, in many cases. Dual-active-VA is one of the most underused strategies for married service members. We document both COEs, separate the entitlement, and structure the files so underwriting clears both purchases — often resulting in two zero-down purchases or a primary + investment structure that beats any single-VA approach.
If you're a Colorado military service member or veteran — active, retired, or family of — we know how to structure your file. No documents required to start. No commitment.