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

First Time Homebuyer Programs in Connecticut
The Connecticut Housing Finance Authority, otherwise known as CHFA, is a self-supporting quasi-public housing agency operating within the State of Connecticut. The agency was established in the year 1969 in an effort to address the concerns regarding the lack or insufficient supply of affordable housing opportunities for Connecticut’s low- and moderate-income families and individuals.

---

Keystone Home Loan Program For First Time Homebuyers in Pennsylvania
The Pennsylvania Housing Finance Agency, more commonly referred to as PHFA, is an independent agency that was established in the year 1972 in an effort to contribute to the provision of reasonable and affordable housing opportunities the elderly, persons and families of modest means, and people suffering from disabilities.

---

Down Payment Assistance Loan for First Time Home Buyers in New York
In line with this, The State of New York Mortgage Agency has been running the Down Payment Assistance Loan Program (DPAL) wherein it intends to help first time home buyers overcome the setbacks brought about by down payments and closing costs.

---

Connecticut Housing Finance Agency Mortgage Programs for Military, Police and Teachers
The Connecticut Housing Finance Agency has established the Mortgage Programs for Military, Police and Teachers so as to provide reasonable housing opportunities to veterans and active duty service members of the United States Military, the National Guard, along with teachers and police officers who are assigned in under-served areas.

---