The home must not have been occupied by a tenant any time within 90 days prior to application for assistance. This can not be in the form of a promissory note. The buyer must also attend a homeownership class prior to application. The house MUST be inspected by a licensed residential inspector unless it is new construction. Any home built before 1978 must have an inspect that attests to its safety for lead-based paint.
Applications are available only through mortgage lenders.
Most mortgage lenders in the Larimer County area participate in the Home Buyer Assistance Program. The program year begins on October 1 st of each year and continues until all funds are committed. Sign up for the home ownership class. You will receive information on how to be a smart buyer and use programs like Home Buyer Assistance to help you purchase your new home. Also contact the mortgage lender and realtor of your choice and let them know that you are interested in using the City's funds.