spanish-language borrower resources are now available for the chfa schools to home^sm program

The required CHFA Schools To Home^sm borrower course, Understanding Your Financial Commitment, is now available in Spanish. Each borrower using the program must complete this on-demand course in their preferred language.

In addition, a new borrower-facing page is also available in the Mi Hogar section of the CHFA website. The page includes access to the course and a PDF of the presentation that borrowers can review before completing it.

Program Overview

CHFA Schools To Home^sm expands access to affordable homeownership through three program components:

1. 30-year fixed interest rate mortgage
2. CHFA DPA Second Mortgage Loan for up to 25 percent of the total first mortgage loan amount.
3. Shared appreciation: The borrower shares a percentage of the home’s appreciation gained with the Public School Permanent Fund (PSPF).

For complete program details and frequently asked questions, visit the CHFA Schools To Home Participating Lender webpage.

All CHFA-approved Participating Lenders have access to the CHFA Schools To Home^sm program. A company that chooses not to participate must submit written notification from company leadership to its dedicated Business Development Specialist.

CHFA Home Finance
Homeownership@chfainfo.com
888.320.3688 - Homeownership Team