metroDPA is a unique down payment assistance program for buyers with up to $188,250 of qualifying income to bring the dream of home ownership within reach. We know that lacking the funds for a down payment is often a barrier to home ownership. The program provides assistance as a no payment, zero-interest, forgivable assistance loan. As you apply for a 30-year fixed rate home loan, we help with down payment and closing cost assistance up to a percentage of your loan!
metroDPA is available to homebuyers throughout the Front Range. Check out the “What is metroDPA?” link for a list of approved areas. General qualifications: Along with meeting FHA, VA, USDA or Conventional guidelines for a 30-year, fixed rate home loan, borrowers must also meet the following:
Minimum Credit Score: 640;
Income Limit: $188,250;
Participating Area: most of the Front Range from Castle Rock to Wellington. See the “What is metroDPA?” link for a list of approved areas.
metroDPA SOCIAL EQUITY PROGRAM
In 2022, Denver created the metroDPA-Social Equity program to support Denver residents who have faced housing discrimination based on where they live. See if you qualify for this award-winning program by going to www.denvergov.org/metroDPA
ADDITIONAL QUESTIONS
on using metroDPA in general or need lenders using the program? Reach out to our team: - Diana: minardid@stifel.com or 720.673.3948 - Eva: sloatee@stifel.com or 720.673.3955
on the metroDPA Social Equity form or application process, please reach out to the following email: metroDPA@denvergov.org
Who can I contact for more information? Or how do I find a lender? - Diana: minardid@stifel.com or 720.673.3948 - Eva: sloatee@stifel.com or 720.673.3955
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National Housing Finance Group: C. Scott Riffle, Marc Paskulin, DeDe Cross, and Diana Minardi 720.673.3947 or 720.673.3948