Qualifications
If you are a moderate income earner and are interested in purchasing a home, the CCLT may be able to help. The first
step is to see if you qualify.  Review the income qualifications below.

If you do qualify, feel free to call us for detailed information; we are happy to tell you about our affordable housing
program and answer your questions.  You may also Fill Out A Questionnaire and return it to us for review; we will
happily contact you with more information and how to proceed on the purchase of your new home.

The CCLT is an income qualified Affordable Housing Program.  To qualify, you must not exceed the Maximum
Annual Income Limits (before taxes) by Household Size:

   Household Size       80% AMI        
    1 person                $42,550                
    2 person                $48,650                
    3 person                $54,700               
    4 person                $60,800                
    5 person                $65,650                

Mortgage “ability” - Do you have...?
    Good Credit
    Enough income after other debts to afford
             Mortgage payment
             Land lease payment
             Homeowner’s association dues
    $1,000 Earnest money
    3.5% down payment required on FHA loans and 5% down payment required on conventional loans
    Closing costs estimated between $3,500 and $4,000

The Next Steps:
    1.  Attend a CCLT buyer orientation - Our next scheduled orientation is on:
         Please call or email us to schedule an orientation: 303-856-7357 or hadams@coloradoCLT.org
    2.  Attend a first-time home buyer class.
         Download a class schedule and/or take the class online at chfainfo.org
    3.  Obtain a mortgage pre-qualification from one of our Participating Lenders
    4.  Complete the Income Verification Process - validated through the Affordable Housing Resource
Mailing Address:  PO Box 202077, Denver, CO 80220 ~ Phone (303) 856-7357 • Fax (303) 856-7756
Sales Office:  571 Alton Way, unit C, Denver, CO 80230  ~ Open:  Tues. & Thurs. 11am-3pm, Sat. 12pm-4pm, Sun. by Appointment