10/06/2024
First-Time Homebuyer?
Government programs that are currently available for first-time and repeat home buyers.
VIDEO - CHFA State of CT First Time Home Buyer Programs
CHFA - Time to Own Program -
This program is designed to give First Time Home Buyers up to an additional $25,000 forgivable down payment with 0% Interest and $0 payment on the $25,000 for the 10 years
Each year 10% of the balance is forgiven and by the end of year 10, the entire $25,000 is no longer owed.
Student Loan – CHFA Smart Rate Pilot Interest Rate Reduction Program.
How this program works: If you have $15,000 or more active student loans you may be entitled to 1.125% rate discount for the life of your mortgage loan.
That's right, so for example: If the Current CHFA interest rate was 6.125%, then you may be qualified to get a 5% note rate.
These are two exciting first-time home buyer programs from CHFA – State of CT
To Learn More: David Swanson 203.623.3121 Cell NMLS #75944 MSImortgage.com LLC NMLS #996881
https://youtu.be/nZ3l7-mQFRw
First-Time Homebuyer?Government programs that are currently available for first-time and repeat home buyers.VIDEO - CHFA State of CT First Time Home Buyer Pr...