Larimer Down Payment Assistance

Larimer Home Ownership Program (LHOP) 

LHOP currently has funding for all eligible areas.   If you have any questions feel free to contact our office at 970-635-5931. m-f, 8-5. “We Help Families Realize Their Dream of Home Ownership” The LHOP program has funds for properties being purchased in Larimer County (including Loveland, Wellington, Berthoud, Estes Park and unincorporated Loveland and unincorporated Fort Collins.  This program does not assist purchases with in  the city limits of Fort Collins. The Larimer Home Ownership Program is administered by the Loveland Housing Authority and offers down payment and closing cost assistance to low and moderate income families purchasing their first home. A first time home buyer is someone who hasn’t owned a home within the past 3 years. There are some expectations which would include divorce or forced relocation.  Families may not earn more than 80% of the area median income per HUD.  (Family of 1 – $48,850, Family of 2 – $55,500, Family of 3 – $62,800, Family of 4 – $69,750, Family of 5 – $75,350). Income requirements can change. Please check with the office to be sure you have the most current income guidelines.  This program is funded mainly with federal, state and county dollars; because of that we are able to offer low interest rates and more flexible terms then a traditional lender. The maximum loan amount is $15,000, which has recently been increased, with an interest rate of 1% and a 20 year term. This is a loan not a grant or deferred soft second.  Applicants must have 1% of the purchase price in the deal as their contribution.  The LHOP loan amount is based on need with the max being $15K. Not all applicants will receive the maximum amount.  This program can be used along with other down payment programs such as Colorado Housing and Finance Authority funds.

  • This program can be used by qualified buyer, purchasing a home in Larimer County.
  • The home value may not exceed the current HUD limits.
  • Funds will not be reserved until you have a home under contract and a first mortgage loan approval.
  • Applicants must be pre-approved by a lender prior to submitting an application.
  • Applicants must attend a first time home buyer class.
  • Home buyer/Applicant is able to work with any lender of their choosing for the first mortgage – The program reserves the right to not lend behind a first mortgage that would have questionable terms.

The application process is very simple. You can print out the application for completion.  Fill out the application and provide; proof of income, family size and 1st mortgage pre-qualification information from your 1st mortgage lender.  The Larimer Home Ownership Program located at 375 W. 37th Street, Suite 200, Loveland, CO 80538. Call 970-667-3232 with any questions.


Flyer LHOP 2019

LHOP Program Highlights – 2019

LHOP program highlights- Spanish

2019 LHOP application package


Lender information:

Closing documents are examples only.  We will prepare all required documents for specific client closings.  Lender’s, please call or email for further program specifics.

The City of Fort Collins has its own program if you are purchasing with in the city limits of Fort Collins please contact their office at 970-221-6595 or visit there website at

As a requirement of the program you must attend a first time home buyer training class provided by Neighbor to Neighbor (970-484-7498) prior to your closing. The program prefers that borrowers attend the class prior to application but will make considerations on a case by case basis.  For additional classes offered throughout the state, go to the CHFA Website to download a schedule of classes.

Major funding provided by the Colorado State Division of Housing’s Revolving Loan Fund Program RLF Program Guidelines -CDOH