Whether you’re looking to purchase a home or condo, FHA or CFHA financing could be the answer. Are you looking for real estate in Rocky Hill, Windsor, East Windsor, Windsor Locks, or other towns in Greater Hartford CT? Take advantage of the continuing buyer’s market whether you’re a first-time homebuyer or seasoned veteran. Let Lisa Giller help you navigate through the home-buying maze. FHA and CHFA mortgage interest rates often differ by about 1%, so I want you to be informed! Questions? Ask me…Lisa Giller, Realtor!
All CHFA Mortgage Program interest rates are subject to change weekly. The following rates went into effect on Friday, May 14, 2021:
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Homebuyer Mortgage Program
Interest rate: 2.50 % (APR range 2.60 – 3.00 %)
Fees: Up to One Point (1% Origination Fee) * Payable to Lender
Term – 30 years, fixed rate
* Additional fees may apply
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Downpayment Assistance Program (DAP)
(Rate listed is for DAP loans with Homebuyer Mortgage Program financing.)
Interest rate: 2.50% (APR range 2.60 – 3.00 %)
Fees: Up to $200 Application Fee * Payable to Lender
Term – 30 years, fixed rate
(NOTE: If at any time the interest rate for the Homebuyer Mortgage Program exceeds 6%, the DAP interest rate will be capped at 6%.)
* Additional fees may apply
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Homeownership Program,
Home of Your Own Program, Police Homeownership Program, Teachers Mortgage Assistance Program, and Military Homeownership Program
Interest rate: 2.375 % (APR range 2.475 – 2.875 %)
Fees: Up to One Point (1% Origination Fee) * Payable to Lender
Term – 30 years, fixed rate
(NOTE: Downpayment Assistance is available at the same interest rate noted for these 5 programs. The interest rate for these programs and the DAP interest rate are capped at 6%.)
* Additional fees may apply