One of the biggest challenges facing first-time homebuyers is having enough money for closing. Northpointe Bank offers several programs that can help. In partnership with the Colorado Housing and Finance Authority, Northpointe Bank offers qualified borrowers up to 4% of the home loan for use towards the down payment and closing costs. Buying a home may be more affordable than you think.
Eligible for new or existing properties purchased anywhere in Colorado
DPA Grant offers up to 3% of the home loan for use towards down payment and closing costs*
Second Mortgage Loan offers up to 4% of the home loan for use towards down payment and cosing costs**
Homebuyer education course is required
Minimum $1,000 borrower contribution
Income limitations apply
Minimum credit score of 620
*DPA Grant: no repayment required. ** Second Mortgage Loan: balance deferred until payoff, sale, or refinance of the home. Loans are 30-year fixed-rate home loans. This is not a commitment to lend. All loans subject to credit review and approval.