Colorado Housing Enterprises, LLC  

CHE assists borrowers needing home mortgage finance in achieving and maintaining healthy home ownership by promoting responsible lending and providing healthy mortgage finance options to meet individual clients needs, including first mortgage lending, down payment and closing cost assistance and rural small business lending.  CHE is a Community Development Financial Institution (CDFI).

Home Buyer Education teaches potential homeowners about the home buying process and how to be a savvy mortgage borrower.  Clients are made aware of predatory lending practices and how to steer clear of these practices.  By providing access to a number of favorable loan products, CHE is able to help borrowers avoid predatory loan situations.

What you need to know

Borrowers will receive a one-on-one counseling session about home mortgage finance options and CRHDC’s Home Buyer Education class. 

What you'll learn

  • Home Buying Process
  • Become a Savvy Borrower
  • Loan Products
  • Predatory Lending

Find a Class

Contact us for your Lending Solutions:

Ty Coleman (Dir Corp Relations & Lending Solutions)   ph.720-595-3704   NMLS# 185720   CO License# 100025193

Begin your path to homeownership today:    

FHA Insured 1st Mortgage

For First time Homebuyers with decent credit, cash to close and steady income 

Assists first-time homebuyers and others who might not be able to meet down payment requirements for conventional loans by providing mortgage insurance to private lenders.  Potential borrowers, who have satisfactory credit history, enough cash to close the loan and sufficient and steady income to make monthly mortgage payments can apply for FHA-insured mortgage.

FHA-insured loans are available Statewide for single family homes (1-4 unit properties), and for condominiums, interest rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans.   Down payments can be as low as 3.5 percent, and closing costs can be wrapped into the mortgage.

FHA Streamline Refinance

For homeowners with a current FHA-insured 1st mortgage

This loan is designed for homeowners with a current FHA-insured 1st mortgage and who would like to lower their interest rate. The loan can be done with or without a new appraisal or a new credit report depending on Lender requirements. Borrower must have 12 month mortgage history and loan must be current at time of refinance.

VA Loans

We’re proud to offer mortgage products from the U.S. Department of Veterans Affairs (VA). If you’re a veteran or active duty personnel, you may be eligible to purchase or refinance a new home with favorable loan terms. Let’s work together to explore the potential savings available.

Conventional Loans

For Homebuyers with a 620 Fico score or higher

CHE offers conventional 30 year fixed rate 1st mortgage loan at competitive rates with a minimum down of 3%. This loan requires a 620 Fico score. Please call for information on Condo, and 3 to 4 unit properties as well as no cash out refinance guidelines.

502D Direct Housing Loan Program



Eligibility: Applicants for direct loans from HCFP must have very low or low incomes. Very low income is defined as below 50 percent of the area median income (AMI); low income is between 50 and 80 percent of AMI; moderate income is 80 to 100 percent of AMI. Families must be without adequate housing, but be able to afford the mortgage payments, including taxes and insurance, which are typically 24 percent of an applicant’s income. However, payment subsidy is available to applicants to enhance repayment ability. Applicants must be unable to obtain credit elsewhere, yet have reasonable credit histories.

Terms: Loans are for up to 33 years (38 for those with incomes below 60 percent of AMI and who cannot afford 33-year terms). The term is 30 years for manufactured homes. The promissory note interest rate is set by HCFP based on the Government’s cost of money. However, that interest rate is modified by payment assistance subsidy.

Standards: Under the Section 502 program, housing must be modest in size, design, and cost. Modest housing is property that is considered modest for the area, does not have market value in excess of the applicable area loan limit, and does not have certain prohibited features. Houses constructed, purchased, or rehabilitated must meet the voluntary national model building code adopted by the state and HCFP thermal and site standards. Manufactured housing must be permanently installed and meet the HUD Manufactured Housing Construction and Safety Standards and HCFP thermal and site standard

502 Guarantee loans

The 502 Guarantee Loan Program has fixed-rate and fixed-term mortgage financing guaranteed by the U.S. government. It offers favorable loan terms to give low-income borrowers the ability to purchase homes in rural areas.

Features and Benefits

  • No down payment required
  • Closing costs may be financed on some transactions
  • Flexible credit standards
  • Reserves not required
  • No limitation on seller contributions

Property must be located in an eligible rural area


90/10 Program

If you are looking to finance your property, there are options to minimize the amount of mortgage insurance you will pay. CHE is able to offer a portfolio conventional first mortgage up to 90% and a second mortgage to 10%.


  • Lower monthly mortgage insurance
  • Purchase your home with a much lower borrower investment
  • Competitive rates
  • Lower monthly payment

Small Business Lending


Colorado Housing Enterprises provides loans to small-business owners who cannot access affordable bank loans. Our loans can be used for any business purpose: supplies/inventory, equipment, lease improvements, vehicles, purchasing a business, real estate acquisition and development and working capital.

CHE Loan Terms:
No cost to apply! 
Fixed-rate, fully amortizing term loans from $15,000 to $250,000
6-9% interest rate -far lower than credit card rates and other non-bank lenders
Up to 15 year terms, with no pre-payment penalty
Build your credit: all loans reported to credit bureaus
Credit concerns? (credit history is considered)
Loan products always offered in combination with FREE one-on-one business coaching

This Act (Title VII of the Consumer Credit Protection Act) prohibits discrimination on the basis of race, color, religion, national origin, sex, marital status, age, receipt of public assistance, or good faith exercise of any rights under the Consumer Credit Protection Act.