CHFA HomeOpener Mortgage (No First-Time Buyer Requirement)

About This Program

CHFA HomeOpener is a 30-year fixed-rate mortgage with no first-time homebuyer requirement and no purchase price limits, making it ideal for repeat buyers who still need income assistance. Down payment assistance up to $25,000 (or 4% of the first mortgage, whichever is less) is available as a zero-interest second mortgage deferred until sale or refinance. Income limits apply; minimum $1,000 of buyer's own funds required; homebuyer education class mandatory.

DPA is 0% interest, deferred. No Recapture Tax — unlike some CHFA programs. Second mortgage repaid at sale or refinance.

Key Details

• No first-time homebuyer requirement — open to repeat buyers
• No purchase price limits — more flexibility than SmartStep
• Up to $25,000 down payment assistance at 0% interest
• Income limits apply; minimum $1,000 in buyer's own funds
• No Recapture Tax; must complete CHFA homebuyer education

How to Apply

Deadline: Rolling