Up to $20,000 as a low-interest second mortgage (as low as 1%). For first-time buyers with CHFA mortgage.
Connecticut Housing Finance Authority's DAP provides up to $20,000 in down payment assistance as a second mortgage with low interest. In a state where the median home price approaches $350,000, $20,000 covers the full 3.5% FHA down payment on a typical purchase with room for closing costs.
CHFA pairs the DPA with competitive first mortgage rates and requires completion of homebuyer education. Connecticut's housing market varies dramatically from the wealthy Fairfield County suburbs to more affordable cities like Hartford, New Haven, and Waterbury — and CHFA's programs serve buyers across the entire spectrum.
2-4 family homes eligible. Police and teachers may get additional rate discounts.
We'll show you how to combine CHFA DAP (Connecticut) with other programs to maximize your free money — personalized to your ZIP code and income.