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Deferred LoanAdams, Arapahoe, Boulder, Broomfield, Denver, Douglas, Elbert, Jefferson, Larimer, WeldFunds Available

metroDPA

Denver metro & Front Range · 10 counties · 3–4% deferred second

Denver Department of Housing Stability (via participating lenders)

Up to

$25,000

Assistance

Deferred Loan

Area

Adams

Buyers

Repeat buyers welcome

Income

Up to $216,000 household income

What This Program Offers

metroDPA provides a 0% deferred second mortgage equal to 3% or 4% of the first mortgage amount (up to $25,000) across ten Front Range counties.

  • This loan is never forgiven — it must be repaid in full when you sell, refinance, or pay off the first mortgage.
  • Household income is capped at $216,000.
  • Can often be stacked with CHFA assistance through approved participating lenders.

Who Qualifies

Location

Adams · Arapahoe · Boulder · Broomfield · Denver · Douglas · Elbert · Jefferson · Larimer · Weld

Buyer type

Repeat buyers welcome

Primary residence

Must be your primary home — not an investment property

Income limits

Household income must be at or below $216,000 for FHA, VA, and USDA loans. Compare AMI limits for other programs.

How to Apply

  1. 1

    Confirm the property is in an eligible metroDPA county (Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas, Elbert, Jefferson, Larimer, or Weld).

  2. 2

    Verify household income at or below $216,000.

  3. 3

    Get pre-approved with a metroDPA participating lender.

  4. 4

    Ask your lender about stacking metroDPA with CHFA for additional assistance.

  5. 5

    Lender structures metroDPA as a subordinate 0% deferred second.

  6. 6

    Complete any required homebuyer education per lender guidelines.

  7. 7

    metroDPA funds disbursed at closing.

Documents you'll need

  • Pre-approval from metroDPA participating lender
  • Income verification (household income cap $216,000)
  • Purchase contract for eligible county property
  • Homebuyer education certificate (if required by lender)

metroDPA vs CHFA — Side-by-Side

Both programs help Front Range buyers cover down payment gaps. Understanding the differences helps you ask your lender the right stacking questions.

FeaturemetroDPACHFA SmartStep Plus
Assistance amount3–4% of first mortgage (up to $25k)Up to $25,000 grant or deferred
Income limit$216,000 household cap$174,440 household cap
ForgivenessNever forgiven — repaid on sale/refiGrant or deferred per product terms
First-time buyerNot requiredRequired
Counties10 Front Range countiesStatewide
Stack together?Yes — common in Denver metroYes — common in Denver metro

Frequently Asked Questions

What are metroDPA income limits for 2026?

metroDPA caps household income at $216,000 for FHA, VA, and USDA loans — one of the highest income limits among Colorado DPA programs. There is no AMI percentage table; if your household income is at or below $216,000, you meet the income requirement. Conventional metroDPA may have stricter limits set by the lender.

How does metroDPA work?

metroDPA provides a 0% deferred second mortgage equal to 3% or 4% of your first mortgage amount (up to $25,000). No monthly payments while you live in the home. The loan is never forgiven — you repay in full when you sell, refinance, pay off the first mortgage, or stop occupying the home as your primary residence. Apply through a metroDPA participating lender.

metroDPA vs CHFA — which is better?

They serve different needs and can often be stacked. metroDPA offers a 3–4% deferred second with a $216,000 income cap and no first-time buyer requirement. CHFA SmartStep Plus offers up to $25,000 as a grant or deferred second but requires first-time buyer status for most products. Many Denver metro buyers use both through a dual-approved lender.

What are metroDPA requirements?

Property in an eligible county (Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas, Elbert, Jefferson, Larimer, or Weld). Primary residence. Household income at or below $216,000. Pre-approval from a metroDPA participating lender. Single-family, condo, or townhome.

Which counties is metroDPA available in?

metroDPA covers ten Front Range counties: Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas, Elbert, Jefferson, Larimer, and Weld. El Paso County (Colorado Springs) is not included — those buyers use Pikes Peak DPA instead.

How do I find metroDPA approved lenders?

metroDPA is delivered through participating lenders, not a direct county application. Ask your loan officer if they are metroDPA-approved. Denver's Department of Housing Stability maintains the official lender list on denvergov.org.

Can metroDPA be stacked with CHFA?

Yes. metroDPA plus CHFA SmartStep or Preferred Plus is a common Denver metro combination. Your lender structures both subordinate liens at closing. Confirm dual approval before making an offer.

Related Guides

Program Contact

720-865-4290 | housing@denvergov.org
Official Website

Last verified: 2026-08-19