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no down payment: 100% Financing Through USDA Rural Development Available in Many Connecticut Towns - 08/29/08 09:29 AM
Mark Harrington, a mortgage lender with Horizon Home Mortgage in Windsor, shared this information with me recently:
The USDA provides 100% financing for mortgages on homes in "rural" areas, including many in Connecticut. Towns like Burlington, Avon, Granby, Canton, East Windsor and Suffield in Hartford County and towns such as Marlborough, Hebron, East Hampton, Colchester and Ellington in surrounding counties.
There are income limits - for Hartford County the current limit for a 2 person household is $73,150 and the program is only available for owner occupied, single family homes.
But there are also some significant benefits for qualifying properties and buyers:
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Jessica Beganski

West Hartford, CT

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REMAX PRECISION REALTY

Address: 2600 Berlin Turnpike, Newington, CT, 06111

Office Phone: (860) 665-0850 x 2090

Cell Phone: (860) 965-5010

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Real estate news, market trends and community information for West Hartford, Newington, Farmington, Avon, Simsbury, Wethersfield, Rocky Hill and surrounding communities in Hartford County Connecticut.


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