Down payment Assistance Program

Down payment Assistance Program This Connecticut down payment program Connecticut borrowers can also apply for Connecticut down payment assistance in the form of a second mortgage loan of at least $3,000, but may not exceed 25 percent of the purchase price. Applicants must put at least $10,000 towards a Connecticut down payment unless otherwise noted. There is a $200 application fee for this assistance.

Teachers Mortgage Assistance Program

Teachers Mortgage Assistance Program This Connecticut down payment program is a 30 year fixed rate loan at below market rates (with the additional option of Connecticut down payment assistance) encourages teachers to live where they work. Certified public school teachers or certified regional vocational technical teachers in Connecticut that are at least part time employees can apply. Due to teacher shortages, there are more elaborate exceptions to eligibility rules which are being honored until June 2015.