What is a CHFA Loan?

November 18, 2017
Author: New England Home Mortgage

CHFA Loans are offered through the Connecticut Housing Finance Authority.  They are for First-time Homebuyers who are looking to purchase a home in certain areas that are targeted for revitalization.  CHFA Loans are offered at competitive interest rates.  There are certain criteria that is taken into consideration when applying for a CHFA Loan both on the part of the borrower, as well as the property the borrower is looking to purchase.

The CHFA Homebuyers Guide is a great resource if you are considering this type of loan. 

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