Connecticut First-Time Home Buyer: 2022 Programs and Grants

Abstract

Connecticut has special, inexpensive mortgages for first-time buyers. The median list price in Connecticut was $368,400 in May 2022, according to Redfin. Eligible borrowers can qualify for a 0.125% discount on the published interest rates when they are a U.S. military service member or veteran state trooper or state trooper. The two big CHFA loans are. Both are mainly available to first-timers. But there are other programs for those for those with specialized needs. The CHFA Loans are mostly available in Connecticut first- Timers. There are other program for those who don’t have a home. For those on low-to-modest incomes buying in designated rural areas. In Greenwich at that time, the median price was $1.6 million. In Stamford, the average home price in the state was $36,000 in May 2012. In New York was $35,000 at $40,000 a year in May 2013.