First-time buyers · Colorado
Ginny is based in Monument, just north of Colorado Springs, and works with first-time buyers up and down the Front Range and across the rest of Colorado — the Springs, Denver and its suburbs, Pueblo, Fort Collins, the mountain towns and the plains. Here is how buying works in Colorado, what help exists, and what to do first.
Where buyers are looking in Colorado
Licensed statewide in Colorado — these are just the areas that come up most. Any address in Colorado works.
Down payment help in Colorado
CHFA — the Colorado Housing and Finance Authority — pairs a CHFA first mortgage (conventional, FHA, VA or USDA) with help for the down payment and closing costs, two ways: a down payment assistance grant that is never repaid, or a larger second mortgage with no interest and no monthly payment, repaid only when you sell, refinance or pay off the first mortgage. Income and purchase-price limits apply by county, you need to live in the home, and a CHFA-approved homebuyer education class is part of the deal. FirstStep is built for first-time buyers; SmartStep and Preferred also serve repeat buyers.
Ginny · Mortgage Loan OriginatorBuying in Colorado, specifically
Colorado property taxes are among the lowest in the country, but they vary a lot by county and by special district. Metro districts in newer subdivisions can carry a noticeably higher mill levy than an established neighborhood a mile away. Ginny pulls the actual tax figure for any address before you write an offer, so the payment you see is the payment you get.
The Front Range is hail country, and insurance premiums here have climbed. The insurance quote is part of your monthly payment and part of qualifying, so get it early — and look at the roof age on every house you take seriously. Ginny builds the real premium into your numbers instead of a placeholder.
A lot of Colorado first homes sit in a metro district or an HOA, and sometimes both. Dues count in the qualifying payment and the association has to pass muster for the loan. Out past the suburbs, wells and septic systems bring their own inspections and appraisal requirements. Ginny checks all of it before the inspection clock is running.
Loan programs for Colorado first-time buyers
The workhorse of home financing — flexible terms, competitive costs, and down payments as low as 3% for first-time buyers.
Learn more →The first-time buyer favorite — 3.5% down, friendlier credit requirements, and forgiving guidelines for real-life finances.
Learn more →For those who served — $0 down, no monthly mortgage insurance, and some of the strongest terms in all of lending.
Learn more →$0 down for homes in eligible smaller communities across Colorado and Arizona — far more towns qualify than buyers expect.
Learn more →Colorado and Arizona both have real down payment help — CHFA and Arizona IDA programs can put thousands toward your down payment and closing costs.
Learn more →Six myths busted and the six-step path from first text to keys — the page to read before anything else.
Start here →How it works from Monument
Text, phone, video, secure document upload, and a closing at a title company near you. Your real estate agent and Ginny talk directly at every milestone — offer-day numbers in minutes and a call to every listing agent included.
Timing varies by file and depends on receiving complete documentation. Turnaround figures are typical, not guaranteed. This is not an offer to enter into an agreement; not all customers will qualify. Rates, programs and terms are subject to change. All loans subject to credit and property approval.
Colorado first-time buyer questions
Colorado first-time buyers can use conventional loans with as little as 3% down, FHA with 3.5% down, VA or USDA with $0 down for eligible buyers, and CHFA programs, which add a down payment grant or a no-payment second mortgage for down payment and closing costs to a CHFA first mortgage.
As little as 3% on a conventional loan, 3.5% on FHA, or $0 on VA and USDA loans for eligible buyers. CHFA assistance may cover some or all of the down payment and closing costs for eligible households.
Buyers who meet CHFA's income and purchase-price limits for their county, will live in the home, meet the program's credit guidelines and complete a CHFA-approved homebuyer education class. FirstStep is for first-time buyers (generally anyone who has not owned a home in the past three years) and buyers in targeted areas; SmartStep and Preferred also serve repeat buyers. Ginny checks eligibility as part of every first-time buyer pre-approval.
Yes. Ginny Grant holds Colorado Mortgage Loan Originator license 100501742 (NMLS #1443782) and is based at Fairway Home Mortgage's Monument, CO branch.
Colorado buyers
After that it's just a conversation. Text Ginny what you're wondering about buying in Colorado — tonight is fine.
Applications happen on Fairway's secure site — never here.
