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CHFA Income Limits Explained
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Understanding CHFA Income Limits | Speak Straight Mortgage
In this video, Matt from Speak Straight Mortgage dives deep into the CHFA (Colorado Housing and Finance Authority) income limits and qualifying income requirements. If you're worried about exceeding the income limits for CHFA programs, this video will guide you through the key distinctions and calculations.
Key Points Covered:
CHFA Income Limits: Detailed explanation of income limits by county in Colorado.
Qualifying Income vs. Gross Annual Income: Understand the difference and how each affects your eligibility.
Real-World Examples: Scenarios demonstrating how to navigate CHFA income limits.
Program Specifics: Insights into First Step and First Generation programs using gross annual income.
Professional Guidance: Importance of consulting with experts to qualify within CHFA income limits.
Additional Resources:
Information on programs without income limits:
Watch the full video to learn how to effectively navigate CHFA income limits and maximize your chances of qualifying for these beneficial programs.
Matt's Contact info
720-819-4463
NMLS 1852379
0:00 Intro
1:15 Qualifying Income (Smart Step, Smart Step Plus, Preferred, Preferred Plus)
3:12 Gross Annual Income (First Step, First Generation)
4:45 Conclusion
In this video, Matt from Speak Straight Mortgage dives deep into the CHFA (Colorado Housing and Finance Authority) income limits and qualifying income requirements. If you're worried about exceeding the income limits for CHFA programs, this video will guide you through the key distinctions and calculations.
Key Points Covered:
CHFA Income Limits: Detailed explanation of income limits by county in Colorado.
Qualifying Income vs. Gross Annual Income: Understand the difference and how each affects your eligibility.
Real-World Examples: Scenarios demonstrating how to navigate CHFA income limits.
Program Specifics: Insights into First Step and First Generation programs using gross annual income.
Professional Guidance: Importance of consulting with experts to qualify within CHFA income limits.
Additional Resources:
Information on programs without income limits:
Watch the full video to learn how to effectively navigate CHFA income limits and maximize your chances of qualifying for these beneficial programs.
Matt's Contact info
720-819-4463
NMLS 1852379
0:00 Intro
1:15 Qualifying Income (Smart Step, Smart Step Plus, Preferred, Preferred Plus)
3:12 Gross Annual Income (First Step, First Generation)
4:45 Conclusion