Buyer Qualifications
- Be a First-Time Homebuyer (haven’t owned a home in the last three years)
- Attend a Home Buyers Workshop at Consumer Credit Counseling Service of Colorado Springs
- Have a Household Income At or Below 80% of Area Median Income for El Paso County (effective December 1, 2011)
- Family of One $41,100
- Family of Two $47,000
- Family of Three $52,850
- Family of Four $58,700
- Family of Five $63,400
- Family of Six $68,100
- Family of Seven $72,800
- Family of Eight $77,500
- Work with One of Our Four Lenders to Obtain a Conventional, Fixed Rate, 30-Year Mortgage for 70-80% of purchase price, and contribute a minimum of $1,000 towards the purchase.
Air Academy Federal Credit Union
Contact: Debi Bazzo, (719) 592-1059
9810 North Union Blvd., CS, CO 80924
FirstBank of Colorado Springs
Contact: Ty Keller, (719) 638-4150
1010 West Baptist Rd, Monument, CO 80921
LeaderOne Financial
Contact: Jeremy Stump, (719) 592-9339 x15
1115 Elkton Drive, Ste 100, CS, CO 80907
US Bank Home Mortgage
Contact: James Sanchez, (719) 253-3943
1018 Constitution Rd., Pueblo, CO 81001
5. Be a U.S. Citizen or have ‘Legal Status’ in the United States
(updated 12/19/2011)
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