The Connecticut Housing Finance Authority (CHFA) has introduced their new Connecticut Housing Finance Authority (CHFA) HFA 3% Down Conventional Mortgage. This is great news for Connecticut First Time Homebuyers, and for the housing market in Connecticut. The Connecticut Housing Finance Authority (CHFA) is the premier first time homebuyer mortgage program in Connecticut. In 2008 CHFA discontinued Conventional Purchase Loans, and only offered FHA Insured Loans. With the FHA changes that went into effect on April 1, 2013, CHFA began to realize the FHA changes were a disadvantages to Borrowers, and once again began incorporating Conventional Products into their … (21 comments)
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