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El Paso County Turnkey Plus Mortgage Program

  • Fully Forgivable Down Payment Assistance (DPA): A soft Second Mortgage loan at 0% Interest that covers up to 5% of your down payment or closing costs.

  • Flexible Loan Types: Qualify with eligible loans, including Government loans (FHA, VA, USDA) and Freddie Mac-eligible Conventional loans.

  • Simple Eligibility Criteria: No maximum total purchase price, no first-time homebuyer requirement, and competitive credit score and DTI criteria.

El Paso County Colorado: Turnkey Plus Mortgage Program
Learn More El Paso County Turnkey Plus

Explore the Benefits of El Paso County's Turnkey Plus Mortgage Program

Navigating the path to homeownership in El Paso County, Colorado, is now easier than ever, thanks to the innovative Turnkey Plus Mortgage Program. Developed to empower individuals and families, this program offers a fully forgivable Down Payment Assistance (DPA) loan, making homeownership dreams a reality.

Uncover the unique benefits that set the Turnkey Plus Mortgage Program apart:


Forgivable DPA Loan: The foundation of the Turnkey Plus Mortgage Program, the DPA loan, offers significant advantages:

  • Enjoy a 0% Interest soft Second Mortgage loan covering up to 5% of your down payment or closing costs.

  • Unique Forgiveness Structure:

    • 50% of the Second Mortgage Amount forgiven gradually over the initial five years (60 months) at a rate of 1/60th per month.

    • The remaining 50% of the Second Mortgage Amount will be forgiven at the 30-year mark or maturity date of the first mortgage.

Eligible Loan Types: Your journey is flexible with eligible loan types:

  • Embrace Government loans (FHA, VA, USDA-RD) and Freddie Mac-eligible Conventional loans.

  • All Program First Mortgage loans are 30-year, fixed-rate, ensuring stability throughout your homeownership.


Homebuyer Eligibility Criteria: The essentials that pave your way:

  • Maximize your potential with a maximum qualifying income of:

    • $160,300 for Government loan products (FHA, VA, USDA-RD)

    • $84,000 for Freddie Mac loan products (Freddie Mac HFA Advantage)

  • No first-time homebuyer requirement.

  • Secure a 30-year fixed rate loan from one of our trusted participating lenders (The Nick Barta Team at Security First Finanical).


Credit Score and DTI Criteria: Your path, your terms:

  • VA, USDA-RD, Freddie Mac: DTI Ratio 45%, Credit Score 640.

  • FHA: DTI Ratio 45%, Credit Score 660.

  • FHA, Freddie Mac: DTI Ratio 50%, Credit Score 680.

Eligible Purchase Area: No matter where you aspire to reside within El Paso County, including the City of Colorado Springs, this program has you covered.

Partnering in Your Journey


At the Nick Barta Team, we aren't just mortgage and down payment assistance experts; we're partners dedicated to guiding and empowering you through your homeownership journey. With unwavering patience and expertise, we're here to offer clarity to first-time homebuyers and seasoned purchasers alike.

Step into Your Future Home


Your journey to homeownership starts with a simple conversation. Let's connect and explore how the El Paso County Turnkey Plus Mortgage Program can turn your dream into reality. With our guidance and expertise, you're not just a homebuyer; you're an empowered homeowner. Contact us today to get started.

Take Your First Step: Apply Now

Get Started El Paso Count Turnkey Plus

*First lien interest rates may be higher when using a DPA second. Closing costs and fees may still apply.

A Simple Plan to Your First Home:

Schedule a Free Mortgage Consultation

Meet with Nick and his team for a personalized, no-obligation consultation...

Download the Free Homebuyer's Guide

A comprehensive workbook to guide you through the home buying process...

Explore our Homebuying Learning Center

Dive into a wealth of resources designed to simplify your homebuying journey...

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Ready to move forward?

Our online mortgage application is quick and easy.
Start your journey to homeownership today!

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