Connecticut time to own program –

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CHFA has programs that may help you. Real Estate Agents. Owners and Property Managers. The Time To Own loan may also be used in conjunction with other down payment assistance programs. For additional questions, you may contact the CHFA Homeownership Department at or email sfaminquiry chfa. Facebook Twitter Linkedin Instagram Youtube. About Us Contact Us Site Search. Homebuyers Understand the basic steps to becoming a homeowner. Homeowners Are you experiencing financial hardship?

For a limited time, CHFA will offer the Time To Own – Forgivable Down Payment Assistance loan to help alleviate potential homebuyers’ inability to cover the down payment and closing costs required to purchase their first home. Applicants must be a current resident of Connecticut and able to demonstrate residency for the most recent three 3 years.

Applicants who are not first – time homebuyers may also apply if they plan to purchase in a targeted area of the state. Borrowers may not own any other property at the time of the CHFA mortgage closing.

Learn more about taking the first steps to becoming a homeowner here. Bay Equity, LLC. Liberty Bank. Chelsea Groton Bank. Fairway Independent Mtg. Movement Mortgage, LLC. First World Mortgage Corp. Norcom Mortgage. Flagstar Bank, FSB. Northpoint Mortgage, Inc.

Guaranteed Rate, Inc. Prosperity Home Mortgage. Thomaston Savings Bank. Guild Mortgage Co. Homebridge Financial Services, Inc. Webster Bank. Homestead Funding Corp.

 
 

 

– State Program Offers Down Payment Assistance for New Homebuyers – NBC Connecticut

 
Replies 5. Learn more about taking the first steps to becoming a homeowner here. No racist, discriminatory, vulgar or threatening language will be tolerated. Chelsea Groton Bank. Borrowers may not own any other property at the time of the CHFA mortgage closing. Financing is available to cover as much 20 percent of the down payment and up to 5 percent of closing costs. Sign me up!

 
 

Connecticut time to own program –

 
 

Learn more about taking the first steps to becoming a homeowner here. Bay Equity, LLC. Liberty Bank. Chelsea Groton Bank. Fairway Independent Mtg. Movement Mortgage, LLC. First World Mortgage Corp. Who qualifies? Can the program be used with other down payment assistance programs? What other CHFA assistance programs are there? Thank Reply 5 Share. The rules of replying: Be respectful.

This is a space for friendly local discussions. Oil prices 10 hours ago. Get updates on what’s happening in Connecticut to your inbox. Sign up for our News Headlines newsletter. This article tagged under: homebuying real estate Governor Lamont state of connecticut first-time homebuyers. It offers down payment assistance to low and moderate-income home buyers in the state. A: Current Connecticut residents who are first-time home buyers and have lived here for at least three years. The program is also open to state residents who have not owned a home in the last three years.

I am thrilled for the Department of Housing to be a part of this landmark initiative. As a key component of the program, Time to Own provides added financial assistance to homeowners seeking to buy homes in higher resourced communities, where home prices are often out of reach for new homebuyers.

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