chfa: Rates For CHFA Home Loans Still Remain Low - May 3, 2010 - 05/03/10 02:28 AM

The CHFA Loan Program, or "CHAFA Loan" as it is sometimes known, is operated by the Connecticut Housing Finance Authority. The CHFA loan program provides down payment assistance up to 100% of the homes purchase price to first-time homebuyers in the state of Connecticut. The price of real Estate in Connecticut, and CHFA mortgage rates continue to remain low. The opportunity to buy a home with a CHFA loan has never been better. For more information on the CHFA home loan program visit www.ChfaMortgageLoan.com , or call us directly at (800) 922-3210.  
 CT CHFA rates remained steady for the week of April 30th with the current CHFA rates at historical lows of 4.5%. The current CHFA Mortgage Rates are in effect until Thursday, May 6, 2010 : _____________________________________________
Homebuyer Mortgage … (0 comments)

chfa: CHFA Mortgage Rates Moving Down Create Opportunity For First Time Home Buyers - 09/12/08 02:11 AM
Mortgage Rates over the last few weeks have dropped considerably,  and Connecticut's first time home buyer program CHFA, also know as CHAFA, have also dropped their rates. The recent approval of the first time home buyer tax credit, falling housing prices, and now lower interest rates have made it the perfect time to take advantage of this unprecedented opportunity. 
Below are the current interest rates for the various CHFA mortgage programs for the week ended September 13th. 
Home buyer Mortgage ProgramInterest rate:  5.500 % (APR range 5.600 - 6.000 %)Term - 30 years, fixed rateDownpayment Assistance Program (DAP)Interest rate:  5.500 % (APR range 5.600 - 6.000 … (0 comments)

chfa: CHFA Police Homeownership Program A Great First Time Home Buyer Option - 08/28/08 06:54 AM
With many programs falling by the wayside over the last year many first time home buyer programs still provide a great way to get into a home. The CHFA Police homeownership program currently provides a low interest rate mortgage to local or state police officers who purchase homes in eligible municipalities.
Eligible municipalities must agree to participate,  then designate areas of the municipality where an increased police presence would be desirable. State or local police officers who purchase homes in those designated areas are eligible to apply for the low interest rate, and officers may also use the CHFA Down Payment Assistance … (0 comments)

chfa: CHFA Mortgages Once Again the Mortgage of Choice for First Time Home Buyers - 08/13/08 06:45 AM
This year the mortgage market has seen many home-buyer programs go by the wayside, and options available for first time home buyers looking for low down payment and low fixed rates have just about disappeared. Well not all of them yet! You can call the Connecticut Housing Finance Authority program (CHFA) "the last man standing" as far as 100% financing at a low fixed interest rate goes. 
The CHFA mortgage still offers a special, low interest rate mortgage to make the dream of home ownership more affordable for Connecticut first time home-buyers. The program has once again become mainstream, and offers prospective first time homebuyers an avenue to … (0 comments)