NewWay Financial
Colorado First-Time Homebuyers
At New Way Financial, we understand that the first-time homebuying process can seem intimidating. It’s our mission to make the home buying experience less stressful for you.
We know it’s not just a house; it’s the place where you’ll create memories, grow, and build a family. It’s your home.
Options for First-Time Homebuyers in Colorado
Together, we’ll determine which program works best for you.
If you’re considering buying your first home in Colorado, you have access to programs specifically designed for people like you. Here are a few that might interest you:
CHFA FirstStep
This program offers a 30-year mortgage paired with down payment assistance. Sound like something you need? Get in touch with us and see if you qualify.
CHFA SmartStep
This program includes 30-year VA, FHA, and USDA-backed loans, all with outstanding down payment assistance. It’s an excellent choice if you’re looking for flexibility.
CHAC (Colorado Housing Assistance Corporation)
This program offers low-interest loans to cover down payments and closing costs, supporting low- to moderate-income families on their path to homeownership.
HomeAccess
Permanent disabilities are increasingly common across the country. If you or someone in your care lives with one, this program offers flexible options tailored to your unique circumstances.
SectionEight
If you’re receiving assistance through the Section 8 program, this loan is exclusively designed for you. It acts as a bridge, helping you transition from renting to owning in a way that’s easy, accessible, and manageable.
Boulder House to Homeownership (H2O)
Provides financial assistance of up to $100,000 for purchasing market-priced homes within the city of Boulder.
VA Home Loans
If you’re a qualifying veteran, you may be eligible for a Department of Veterans Affairs-backed home loan with zero money down.
Why Owning Beats Renting
Owning a home is about more than just having a place to live—it’s an investment in your future. Becoming a homeowner offers stability and brings benefits like:
- Building long-term financial equity.
- Shielding yourself from rising rent costs.
- Accessing exclusive tax benefits available to homeowners.
Not sure if you’re able to own a home? We specialize in looking at your entire financial situation and helping you achieve your dreams, no matter how small (or how big, for that matter!).
How We Help You
At New Way Financial, we’re with you every step of the way. Our personalized approach ensures we meet your specific needs because we work to understand all aspects of your situation. Here’s how we make your journey as seamless as possible:
We Get to Know You
We take the time to understand your goals and analyze your financial situation. This ensures we find the perfect program that aligns with your needs.
We Explain Everything Clearly
We’ll break down everything in a way that’s easy to understand, minus the industry jargon. We want you to make decisions based on confidence and knowledge.
We’re With You From Start to Finish
From pre-approval to the moment you receive your keys, we’re by your side, answering your questions and ensuring your dream becomes a reality.
Why We’re Different
Our priority is to help you achieve your goals. We’ve worked with countless families like yours, and we want to help make this process as exciting and stress free as possible. Our team is experienced and responsive.
As a local veteran-owned business, you’re not just another customer to us. You’re neighbors.
Do I Qualify? Here’s What You Need to Know
It doesn’t cost anything to pick up the phone and ask us if you qualify. We’ll need to talk about your specific situation, but generally you’ll need:
- A minimum credit score (generally 620 or higher).
- Proof of income and stable employment.
- Get a free homebuyer education certificate from us (a simple and educational course).
- Minimum savings to cover potential additional costs.
Learn More About First-Time Homebuyer Loans in Colorado
Discover loan options tailored to fit your unique financial needs. At New Way Financial, we’re here to help you every step of the way. Call us today at (720) 973-1490 or click below to take the first step toward your new home!