Connecticut Housing Finance Agency Mortgage Programs for Military, Police and Teachers
Page 2

The Military Homeownership Program is a housing loan program that is specially designed for first time homebuyers who are veterans, Active Duty, or National Guard service men of the United States Military.

Policemen Homeownership Program

The Policemen Homeownership Program is a housing loan program that is intended for policemen in an attempt to encourage them to purchase a house in an area where they work. Initially, the program was solely intended for first time homebuyers, but at present, it is now open to non-first time homebuyers who wish to purchase a home in a targeted area. The borrowers who are qualified to participate in this program are municipal and state police officers who are planning to acquire a home in a designated area of a participating town.

Teacher's Mortgage Assistance Program

The Teacher's Mortgage Assistance Program is housing loan program offering home loans at below-market interest rates to first time homebuyers who are public school and vocational-technical teachers. Although this program is primarily for first time homebuyers only, it can make an exception for non-first time homebuyers who wish to purchase a home in a targeted area. The participating towns anc cities under this program are the following: Ansonia, Bridgeport, Danbury, East Hartford, Hartford, Meriden, New Britain, New Haven, New London, Norwalk, Norwich, Stamford, Waterbury, and Windham.

All of the programs above offer a reasonable interest rate at 3.250%** (APR range 3.35 - 3.75%), and a long-term mortgage repayment plan lasting up to 30 years with fixed interest rate.

Connecticut Housing Finance Agency Mortgage Programs for Military, Police and Teachers
  Back to Page 1

About The Author Iola Bonggay is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs. She also maintains Websites providing resources on environmental grants and grants for youth programs.

Additional Resources

category - Home Buying Programs

Second Mortgage Loan Program and Mortgage Credit Certificate for Homebuyers in North Carolina
One of the more popular programs is the FirstHome Mortgage Program for First Time Homebuyers which offer significantly low interest rates and a rather low fixed 30-year mortgage plan.

---

Section 8 Housing Choice Voucher Homeownership Program
The Connecticut Housing Finance Agency has been administering the Section 8 Housing Choice Voucher Homeownership Program wherein they intend to offer home loans at reasonable, below-market rates to Section 8 tenants who wish to purchase a home of their own.

---

First Time Homebuyer Programs in Idaho
The Idaho Housing and Finance Association, otherwise referred t as IDFA, is Idaho's uniquely created and organized financial institution and administrator of affordable housing resources.

---

California Housing Finance Agency
The California Housing Finance Agency, otherwise known as CalHFA, is an independent, self-supporting agency that was chartered to as the State's affordable housing bank to make low interest rate loans through the sale of tax-exempt bonds; with these bonds being repaid by revenues generated through mortgage loans, instead of taxpayer dollars.

---