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

First Time Homebuyer Programs in Maine
The first time homebuyer programs of MaineHousing are all especially designed to contribute to the achievement of its primary agency mission which is to "assist Maine people to obtain and maintain decent, safe, affordable housing and services suitable to their unique housing needs."

---

Downpayment Assistance Program for First Time Homebuyers in Connecticut
The Connecticut Housing Finance Authority has been running the Downpayment Assistance Program in order to financially assist first time home buyers in the process of covering the downpayment and closing costs of purchasing a home.

---

How to Get a Government Home Loan with Low or Moderate Income
The government provides loans to those individuals who have low to moderate income for permanent residence in rural areas. To qualify for these government loans is not that hard and the restrictions ...

---

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.

---