homebuyer education: encourage borrowers to take it early

To help lenders best inform their borrowers on CHFA’s process, we’ve created a Steps to Completing CHFA Approved Homebuyer Education flyer. This flyer, available in English and Spanish, is available on our website but can also be found under the “Forms” section in HomeConnection.

Please feel free to download this flyer and send it to those borrowers considering utilizing CHFA. Taking a course early in the homebuying process is key to a successful closing.

Important Tips:

• Encourage borrowers to take a class early! Waiting may delay closing.
• All borrowers must individually and independently complete a course and present a valid homebuyer education certificate to their lender prior to their mortgage loan closing date.
• For borrowers taking an online course, a follow-up call with the CHFA-approved homebuyer education provider they chose at registration is required to receive their certificate.
• Borrowers must work directly with the homebuyer education provider to schedule the follow-up call.
• Borrowers should schedule this call promptly to avoid potential closing delays.

Should you have comments or questions, please contact us.

CHFA Home Finance
Homeownership@chfainfo.com
303.297.7376 or 888.320.3688 Denver
970.241.2341 or 800.877.8450 Western Slope