Prospective Homeowners

Purchasing a home is one of the biggest decisions a family can make. We can help.

Continuing Our Mission during COVID-19 Pandemic: 

Letter from the CEO

Greetings community members and future homebuyers:
Elevation CLT staff members want to talk with you about the current situation, as we all go about modifying our lives to protect ourselves, each other, and our communities. … [READ MORE]

 

To learn how we are helping households on the path to homeownership at this time, read our Homebuyer FAQ.

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Qualify to Buy a Home:

In order to purchase an Elevation CLT (ECLT) home, you must first be a fully qualified applicant with ECLT, including having completed an application and provided all supporting documentation, having been determined to meet our program requirements, and having qualified for a conventional mortgage with an ECLT Participating Lender. Once you have received a Letter of Qualification from Elevation CLT, you will be a qualified applicant with our program and will be added to a notification list of new properties available. You will then be able to write a contract for a home you are interested in purchasing. Please see the following additional helpful information:

Do you Income Qualify? If you would like to check to see if your household income meets our program requirements for the area you’d like to live (these sheets also provide guidance on the maximum household asset limits for our program):  Boulder County  |  Denver County  |   Larimer County

Get started with Elevation CLT’s Homeownership Application process: Get Started

Have you attended an Elevation CLT Orientation? Prior attendance at a free, online ECLT orientation is a requirement for you to submit an application. Classes are about 1.5 hours long and answer many commonly asked questions about our program. You can register for a free, online orientation here:  ECLT Orientation Registration

Have you attended a CHFA-approved HUD Homebuyer Education course?Completion of this Homebuyer Education course is a requirement for you to submit an application. You can register for a free online course here: HUD Homebuyer Education Course 

Have you recently checked your credit score? Good credit will be required both for our program approval and to qualify with a lender for a conventional loan. If you need assistance with checking or improving your credit score, we encourage you to reach out to any of the HUD-approved housing counseling agencies here: Housing Counseling Agencies

Do you have all the required supporting documents for your application? You will be required to submit all supporting documents with your application before it can be submitted. Some of the documents that will be required include: a) Federal Tax Returns – last 2 to 3 years depending on your type of employment, b) Checking and Savings bank balances, c) Statements for all investment accounts, including IRA, 401k, life insurance policies, etc., d) Income source verification including any social security, disability or pension income, d) W2s for a month with employer verification or YTD Income and Statement of Anticipated Income for self-employed individuals e) Divorce decree and verification of child and/or alimony payments if applicable and f) Recent appraisal and mortgage statement if you currently own a home.

Do you have funds saved for an earnest money deposit and reserves?
 Now is a great time to start saving for the required $1,000 earnest money deposit and $2,000 in reserves that will not be used toward the purchase of the home.

Please note, there is a $25, non-refundable application fee required to apply for Elevation CLT’s Homeownership program.

We are here to help. Contact us at info@elevationclt.org or 720-822-0052 if you have questions about our application. If you speak a language other than English or Spanish, we can get an interpreter on the phone when you call.

Elevation Community Land Trust shall not discriminate against any person or organization based on age, race, sex, color, creed, religion, national origin, sexual orientation, transgender status, gender identity, gender expression, ancestry, marital status, gender, veteran status, military status, political service, affiliation, or disability.

As an equal opportunity housing provider, Elevation Community Land Trust provides housing opportunities regardless of race, color, national origin, religion, sex, physical or mental disability, familial status or any other classification protected by applicable federal, state or local law.

Why become a CLT homeowner?

Elevation CLT will help guide families through the homebuying process, ensure they have access to resources to make them successful homeowners, and provide supports that improve their health and well-being.

Current Homes for Sale with More Coming Soon

                                                                                               

You must be income- and asset-qualified to apply with Elevation CLT. To view a list of our preferred participating lenders, click here. If you would like to register for an ECLT online homebuyer orientation class, click here. If you would like to make a land lease or application payment, please pay through our PayPal here. If you would like to register for a CHFA class, click here. If you have questions, or need help with any of these steps, please call us at 720-822-0052.

Request More Information

Currently, Elevation CLT has for-sale homes available to income-qualified buyers in metro Denver and Longmont with more communities coming soon. To learn more about properties available now and in the future, and for more information on our homeowner application process, please provide your information in the form below and someone will contact you.