4398822e__Assistance_Grants__Tax_Credit__Program_description
[Colorado] CHFA Preferred Program [Program description] 
The Preferred home loan program requires a credit score of just 620. Yet, rather than no monthly mortgage insurance, borrowers can qualify for reduced-cost mortgage insurance. This program has income and purchase-price limits, and can be combined with the down-payment and closing-cost programs. However, the “Preferred” program with requires 3 percent down (must be your own funds) and borrowers must contribute a minimum of $1,000 towards the loan.
Home Buyer Programs 2015 | First-Time, Assistance Grants, Tax Credit
Program description