Program assists with home buying


Unincorporated Jeffco has joined a program to assist people to get into homes with a mortgage loan sponsored by the City and County of Denver.

The Metro Mortgage Assistance Plus program offers a fixed 30-year mortgage loan with down payment and closing cost assistance for low and middle class families.

People may have funds to buy a mortgage, but there are always down payments and closing costs involved in order to finalize the buying process.

“The hard part is getting into a house,” Kristin Hyser, community development specialist for Jeffco said. “A lot of people don’t have access to that capital.”

The program offers high income requirements which encompass many average household incomes. A household size of one or two family members would need an income below $91,100.

For larger families of three or more, an income below $103,000 is required to potentially qualify.

“It’s very flexible and open,” Beth Truby, senior community development specialist for the office of economic development in Denver said.

With unincorporated Jeffco just opting in to the four-month-old program, data showing the number of families participating in the program will take some time, said Truby. So far, there are a total of 50 approved loans in the metro cities, with an estimated 350 loans over the next two years. The assistance program has the potential to continue past its two-year test run if metro cities and Jeffco, find the program to be beneficial.

“It’s really a great program,” said Hyser for Jeffco. “It creates more stable communities, we’re excited about it,” she added.

The loan requires a FICO score of 640 and maximum debt to income ratio of 45. Home counseling is available for families who may be struggling with debt or worried about their credit history. Information about home counseling including more information regarding the Metro Mortgage Assistance Plus program including requirements and participating lenders can be found at


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