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 The TopGovernmentGrants Editorial Staff maintains one the most comprehensive Websites offering information on government grants and federal government programs. The staff also provides resources to other Websites with information on community grants and health grants.

Additional Resources

category - Home Buying Programs

Affordable Housing Partnership Program for the First Time Home Buyers in California
The Affordable Housing Partnership Program is a housing opportunity that enables first time home buyers in the State of California to seek financial assistance from lending institutions that have formed a partnership with CalHFA for the purposes of this endeavor.

---

First Time Homebuyer Programs in Virginia
In 1972, the Commonwealth of Virginia has constituted the establishment of the Virginia Housing Development Authority in an effort to respond to the needs of Virginians who seek quality, affordable housing.

---

First Time Homebuyer Programs in District of Columbia
The Department of Housing and Community Development, more commonly referred to as DHCD, is a local government agency in the District of Columbia that is primarily responsible for increasing quality housing and community development opportunities.

---

Downpayment Assistance Program for the First Time Home Buyers in North Carolina
In an attempt to contribute to the eradication of this problem, the North Carolina HFA has established the Downpayment Assistance Program for the First Time Home Buyers wherein they provide interest-free, deferred second mortgages up to $8,000 to cover the downpayment and closing costs of a chosen property.

---