Down Payment Assistance Connecticut

Connecticut Home Buyer
1% Down Payment Assistance Program

About Connecticut’s Home Buyer Solution Gift Program

  • The program is available exclusively through The Lending Company.
  • Up to 2.5% of the purchase price can be gifted to homebuyers to use as a down payment.
  • FHA 30 year first mortgage.
  • Sellers are encouraged to contribute up to 3% towards closing costs.
  • Not limited to first time home buyers.
  • Not limited to foreclosures or vacant properties.
  • Multi-family (1 to 4) homes or condos are eligible.
  • Homes or condos must be HUD approved and owner-occupied.
  • Competitive interest rates.
  • Flexible loan approval guidelines.
  • Available statewide in Connecticut.
  • Minimum 640 credit score required.
  • Non-occupant co-borrowers allowed.
  • No prepayment penalties.
  • Requires home buyer education completion.
  • There may be income limits. Ask your loan officer.

For more information on the Connecticut’s Home Buyer Solution Gift Program, please fill out the form below:

Get Pre-Approved for a Mortgage

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