Metro Down Payment Assistance
  • EXPAND HOUSING AFFORDABILITY IN YOUR COMMUNITY
  • NO RISK OR COST FOR MUNICIPALITIES TO PARTICIPATE
  • DESIRED BY REALTORS, LENDERS AND HOME BUYERS IN YOUR AREA
  • SEVERAL DOWN PAYMENT ASSISTANCE OPTIONS
  • MORTGAGES FOR LOWER FICO BORROWERS (FHA 640+)
  • AFFORDABLE INCOME SUBSIDIES
    • GRANT MONEY IN ADDITION TO DPA
    • HELPS LOW AND VERY LOW-INCOME BORROWERS
    • AT OR BELOW 80% OF AMI => $1,500
    • AT OR BELOW 50% OF AMI => $2,500

The Basics

  • Government and Conventional, 30-year fixed rate loans
  • Up to 6% assistance as 3-year forgivable 2nd lien
  • Primary residence, purchase only, no first-time homebuyer requirement
  • No purchase price limits (set by Agency guidelines)
  • Helps borrowers with income up to $139,200

If you are a homebuyer and would like more information, please contact DeDe Cross at 303.391.5425 or Cross@GKBaum.com

To lock a rate or for training, go to:
https://www.ehousingplus.com/available-programs/colorado/metrodpa/

Click below to read more on MetroDPA and how it can be combined with MCC programs.
https://www.denvergov.org/content/denvergov/en/denver-office-of-economic-development/housing-neighborhoods/ready-to-buy.html

Check us out in the news!
https://www.prnewswire.com/news-releases/george-k-baum--company-announces-the-metrodpa-6-homebuyer-assistance-option-300881265.html?tc=eml_cleartime 

Lender Communication

Flyers

Municipalities

Counties that want to participate use the following:

Cities that want to participate use the following:

George K. Baum & Company’s National Housing Finance Group:
C. Scott Riffle, Marc Paskulin, DeDe Cross and Koen Browning
1400 Wewatta Street, Suite 800 | Denver, CO 80202 | (800) 722-1670 | www.GKBaum.com

Copyright © 2019