# Get 25% Down Payment Aid: Colorado Teacher Mortgage Guide By Dave Cook (@davecook) · Published 2026-07-15 · Updated 2026-07-15 Canonical: https://voce.com/@davecook/down-payment-aid-colorado-teacher-mortgage-guide-u79z83 --- Most educators I talk to in Denver feel like they’ve been priced out of the very neighborhoods where they teach. It’s a frustrating gap—your salary stays fixed while home prices seem to climb every single month. But there is a specific path that helps bridge that distance. The expanded **CHFA Schools to Home** program now offers you up to **25% down payment assistance**, designed specifically for people who keep our schools running. ## What Is the CHFA Schools to Home Program? The [CHFA Schools to Home program](https://www.chfainfo.com/homeownership/chfa-schools-to-home-program) provides substantial down payment support specifically for full-time employees of state-accredited K-12 public schools. According to [2026 program criteria](https://www.chfainfo.com/homeownership/chfa-schools-to-home-program), qualified buyers can layer these benefits to cover a significant portion of their home's purchase price. ![CHFA Logo](https://convex.voce.com/api/storage/91ebadbe-891e-43a2-9095-fbb2514aac4f) ## Who Is Eligible for the Schools to Home Discount? Eligibility extends to all full-time employees of Colorado public school districts, charter schools, or the Colorado School for the Deaf and the Blind. - **Credit Score:** Minimum [score of 620](https://www.chfainfo.com/homeownership/how-to-get-a-chfa-program-loan). - **Education:** Completion of a CHFA-approved homebuyer course. - **Income Limits:** Household income must stay within county caps, typically ranging from [$70,050 to $174,000+](https://www.chfainfo.com/getattachment/0d14dd17-fdaa-4cc8-8cb1-b1407d7beca9/CHFA_Income_Limits.pdf). ## How Does Shared Appreciation Work for Schools to Home? The **25% Schools to Home DPA** is what we call a deferred-payment loan. You don't make any monthly payments on this "silent second" mortgage, which keeps your monthly housing costs much lower from day one. Think of it like having a silent business partner. CHFA puts up a significant portion of the cash today so you can buy the home. In exchange, they don't charge you interest or rent, but they do get a piece of the profit (a share of the future value increase) whenever you eventually sell or refinance. ![Equity Breakdown](https://convex.voce.com/api/storage/e66b6396-4d14-465b-9e70-f2cb29cd4e26) Feature Schools to Home DPA Standard CHFA DPA **Max Amount** 25% of Purchase Price $25,000 or 4% **Repayment** Deferred + Appreciation Deferred or Monthly **Use Case** K-12 Public School Staff All Qualified Borrowers ### How to Apply To secure these benefits, you need a CHFA-participating specialist who knows how to layer shared equity with your standard loan. Every family's financial situation is different, and my goal is to help you figure out if this specific trade-off is the right move for your long-term goals. As a Branch Manager with 26 years of experience here in Colorado, I’ve helped hundreds of school employees navigate these programs. **Call me personally at (303) 226-8735** to verify your eligibility. We can walk through the numbers together so you feel confident before you ever sign a contract. ![Colorado Home](https://images.unsplash.com/photo-1751487326546-2ead235622e6?cs=tinysrgb&fm=jpg&ixid=M3w5Mzk0NDN8MHwxfHNlYXJjaHw1fHx0ZWFjaGVyJTIwYnV5aW5nJTIwbmV3JTIwaG91c2UlMjBDb2xvcmFkbyUyMGtleXMlMjBoYXBweSUyMHN1YnVyYmFuJTIwaG9tZXxlbnwwfDB8fHwxNzg0MTQ3NzUwfDA&ixlib=rb-4.1.0&q=80&w=1200&h=630&fit=crop&crop=entropy) Does the idea of sharing your home's future equity feel like a fair trade-off for getting into a home today, or would you prefer a smaller grant you don't have to share? I'd love to hear your thoughts. ### Is the program available for private school teachers? Currently, the program is specifically tailored for [state-accredited K-12 public schools](https://www.chfainfo.com/homeownership/chfa-schools-to-home-program), charter schools, and tribal schools in Colorado. Private school employees should check standard CHFA programs, which still offer competitive rates and down payment assistance but without the specialized educator discount. * * * ### About the Author Dave Cook is the founder of **Denver Mortgage Lounge**, a Division of Luminate Bank. Based in Denver, Colorado, Dave helps individuals and families across the country make confident home financing decisions through education, personalized mortgage strategies, and exceptional service. **Have a mortgage question?** Whether you're buying your first home, refinancing, investing, or simply looking for a second opinion, I'd be happy to help. **Dave Cook** Branch Manager | Loan Officer Denver Mortgage Lounge, a Division of Luminate Bank 201 Columbine Street, Suite 300 Denver, CO 80206 - **Phone:** (303) 226-8735 - **Email:** dave@denvermortgagelounge.com - **Website:** www.denvermortgagelounge.com NMLS #274175 Luminate Bank NMLS #1281698 Equal Housing Lender _This article is provided for educational purposes only and should not be construed as legal, tax, financial, or mortgage advice. Mortgage programs, interest rates, underwriting guidelines, and lending requirements are subject to change without notice. All loans are subject to credit approval and program eligibility._