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No Money Down Loan Programs in Connecticut
No Money Down Loan Programs in Connecticut.  Like many home buyers in Connecticut you may be wondering if it is possible to get a mortgage loan with little or no money for a down payment.  There are programs available for home buyers in Connecticut which can allow a qualified buyer to get a loan with no down payment.  So what are they?
CHFA - CHFA is the Connecticut Housing Finance Authority, they oversee the state 1st time home buyer mortgage program.  CHFA  are one of the no money down loan programs in Connecticut available to first time buyers, or those who have not owned their primary residence in the past 3 years.  CHFA allows qualified borrowers to get a down payment assistance loan which can cover the down payment and closing costs.  A CHFA loan can actually allow a borrower to finance more than the purchase price of the home.  There are household income limits, and purchase price limits(you can look them up here). 

VA - A VA (Veterans Administration) guaranteed home loan is the preferred loan program for active, non-active, Reserve, National Guard, and retired members of the armed forces.  Eligible borrowers can finance 100% of the purchase price ... more

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