The Shared Equity Finance Program is a non-amortizing, deferred second-position lien. Through this program, DCHP provides funding of up to 20% of the purchase price, up to $41,000.00. This financing takes the form of a shared equity agreement in which DCHP is paid a percentage of the sale price or appraised value upon the borrower’s sale or refinance. To qualify for this program, borrowers must meet all requirements for Down Payment Assistance and qualify for a conventional first mortgage.
Funds for this program are limited. Please get in touch with the Programs Manager for information. 303-784-7859