Jeni VanOrnum | Real Estate Insights & Education

Buying your first home in Douglas County, Colorado doesn’t have to drain your savings. I’m Jeni VanOrnum, your local Douglas County real estate agent, and today I’m sharing the first-time homebuyer programs available in Colorado that can make homeownership more affordable in 2023.

Colorado Housing and Finance Authority (CHFA) Programs

CHFA offers several programs specifically designed for first-time buyers in Douglas County. The FirstStep Program provides down payment assistance up to 4% of the loan amount, which can be combined with competitive interest rates. This means you could buy a home with as little as 3% down payment combined with CHFA assistance.

FHA Loans for First-Time Buyers

FHA loans remain one of the most popular options for first-time homebuyers. With just 3.5% down and more flexible credit requirements, FHA loans help many Douglas County buyers get into homes they thought were out of reach. As your real estate agent, I work closely with lenders who specialize in FHA financing.

VA Loans for Military Families

If you’re a veteran or active military member looking to buy in Douglas County, VA loans offer zero down payment options with no private mortgage insurance required. Buckley Space Force Base is nearby, making Douglas County popular among military families.

Conventional 97 Programs

Many buyers don’t realize conventional loans now offer 97% financing, requiring just 3% down. Combined with competitive rates and the ability to remove PMI once you reach 20% equity, this is an excellent option for first-time buyers with good credit.

Local Douglas County Resources

Douglas County and surrounding cities occasionally offer additional homebuyer assistance programs. These change regularly, which is why working with a knowledgeable local agent like Jeni VanOrnum is crucial—I stay updated on all available programs.

Next Steps to Homeownership

Ready to explore which first-time homebuyer programs you qualify for in Douglas County? Contact me today. Together, we’ll connect you with the right lenders and navigate the programs that make your first home purchase in Castle Rock, Parker, or Highlands Ranch a reality.