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CT CHFA Loan Rates Move Lower June 11, 2010

By
Mortgage and Lending with MBC Interactive

The CT 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 moved down .125% for the week of June 10th with the current CHFA rates at historical lows of 4.5%. The current CHFA Mortgage Rates are in effect until Thursday, June 17, 2010 :
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Homebuyer Mortgage Program

Interest rate:  4.25 % (APR range 4.475 - 4.875 %)
Term - 30 years, fixed rate

CHFA Downpayment Assistance Program (DAP)
   
Interest rate:  4.25 % (APR range 4.475 - 4.875 %)term - 30 years, fixed rate

CHFA Urban Rehabilitation Homeownership (UR Home) Program

Interest rate:  4.0 % (APR range 4.225 - 4.625 %)
Term - 30 years, fixed rate 

CHFA Pilot Homeownership and Downpayment Assistance Program for Manchester

Interest rate:  4.25 % (APR range 4.475 - 4.875)
Term - 30 years, fixed rate 

Homeownership Program,
Home of Your Own Program,
Police Homeownership Program,
Teachers Mortgage Assistance Program, and
Military Homeownership Program

Interest rate:  4.125 % % (APR range 4.350 - 4.750 %) 
Term - 30 years, fixed rate

For the latest new and information about the CHFA CT loan program you can visit us online at www.CHFAmortgageloan.com, or call (800) 922-3210.

 

FREQUENTLY ASKED QUESTIONS ABOUT THE CHFA MORTGAGE PROGRAM:

1. What Is The Minimum Credit Score For A CHFA Mortgage?

2. Does The CHFA Mortgage Program Require A Home Inspection?

3. Can I Buy A Condominium With A CHFA Mortgage?

4. What Is The Minimum Down Payment For A CHFA Mortgage?

5. What Is The Difference Between A Home Inspection vs. Appraisal?

6. What Properties Are Eligible For The CHFA Mortgage Program?

7. How To Get Down Payment Assistance With A CHFA Mortgage?

8. Why Does Buying A Home With A CHFA Mortgage Makes Sense? 

Serving These Towns Since 1986:

Waterbury CT, Danbury CT,Brookfield CT,New Milford CT,Orange CT,Litchfield CT,TorringtonCT,Harwington CT,Avon CT,West Hartford CT,Glastonbury CT,Storrs CT,Cromwell CT,New London CT,Fairfield CT,Norwalk CT,Southport CT,Old Lyme CT,Milford CT,New Haven CT,Hartford CT,Groton CT,Waterford CT,Waterbury CT,New Hartford CT,Farmington CT,Avon CT,Southington CT,Plainville CT,Plantsville CT,Washington Depot CT,Newington CT,Newtown CT,Southbury CT,Woodbury CT,Watertown CT,Naugatuck CT,Prospect CT,Windsor CT,Beacon Falls CT,Seymour CT,Redding CT,Easton CT,Westport CT,Uncasville CT,Oakville CT,Wolcott CT,Bristol CT,Thomaston CT,Branford CT,West Haven CT, Nortfield CT,Hamden CT,Wallingford CT,Stamford CT,Stratford CT,Winsted CT,Terryville CT,Bridgeport CT,Ansonia CT,Derby CT,Woodbridge CT,East Hartford CT,Ellington CT,NorthHaven CT,Plymouth CT,Middlebury CT,Oxford CT,Redding CT,Bantam CT,Goshen CT,Cornwall CT,Roxbury CT,Bridgewater CT,Bethel CT,Bethlehem CT,New Britain CT,Colebrook CT,Simsbury CT,Barkhamsted CT,Collinsville CT,Norfolk CT,Lakeville CT,Kent CT,Berlin CT,Burlington CT,Winchester Center,Woodbridge Lake CT,New Fairfield CT,Sherman CT,New Preston CT,Morris CT,Barkhamsted CT,Canaan CT,