Pikes Peak DPA Program Highlights
EL Paso, Turnkey | At-A-Glance
Pikes Peak DPA Program | At-A-Glance
| AVAILABLE PROGRAMS | Pikes Peak DPA (formerly known as Turnkey Plus Program) |
| QUESTIONS | Questions |
| AVAILABLE HTH LOANS | 74 Loans |
| ELIGIBLE AREA | All of El Paso County, Colorado including the City of Colorado Springs |
| ELIGIBLE BORROWER(S) | No first-time buyer requirement. |
| RATES | See Chart |
| DPA AVAILABLE | See Chart |
| LOAN TYPE | See Chart |
| INCOME LIMITS | Income Limits |
| TIMELINE REQUIREMENTS | 60 calendar days from loan reservation to loan purchase. Underwriter Certitied anytime prior to closing. |
| HOMEBUYER EDUCATION | Homebuyer Education |
| CO-SIGNERS | Co-signers |
| HOMETOWN HEROES | Hometown Heroes Occupations |
| PROGRAM GUIDELINES | Pikes Peak DPA Guidelines |
| Participating Lenders | Participating Lenders |
Today’s Rates & Offerings
Pikes Peak DPA Program | Rates & Offerings
| [ Business Days 8:00am - 6:00pm MT ] | |||||
|---|---|---|---|---|---|
| GOVERNMENT | |||||
| Offering | FICO | *DPA | Lock Rate | ||
| FHA, USDA, VA | 640 | 0% | 6.125% | ||
| FHA, USDA, VA | 2% | 6.250% | |||
| FHA, USDA, VA | 3% | 6.500% | |||
| FHA, USDA, VA | 4% | 6.875% | |||
| FHA, USDA, VA | 5% | 7.125% | |||
| CONVENTIONAL – HFA Advantage – FREDDIE MAC 80% AMI and below | |||||
| Offering | FICO | *DPA | Lock Rate | ||
| Freddie Mac 80% AMI | 640 | 0% | 6.250% | ||
| Freddie Mac 80% AMI | 2% | 6.375% | |||
| Freddie Mac 80% AMI | 3% | 6.750% | |||
| Freddie Mac 80% AMI | 4% | 7.000% | |||
| Freddie Mac 80% AMI | 5% | 7.250% | |||
| *1% Additional DPA for Qualifying Heroes | |||||