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Friday FAQ: What types of loans does DURA offer?

What types of loans does DURA offer?

For the SFR and EHR programs, DURA offers zero- and low-interest loans to those whose household income is at or below 80 percent of the U.S. Department of Housing and Urban Development (HUD) Area Median Income (AMI) for Denver County, depending on the program. All loans are secured by a promissory note and a deed of trust. All loans are due upon sale or refinance of the property or when the owner ceases to occupy the home. The RHAMP program is a grant program for people with disabilities to make disability-related modifications to their home. The household income requirement for RHAMP is at or below 50 percent of the U.S. Department of Housing and Urban Development (HUD) Area Median Income (AMI) for Denver County. Please visit our FAQ page for more information.