First World Mortgage offers programs specifically tailored to meet the needs of the First Time Home Buyer. The definition of a first time home buyer is any individual that has not owned their principal residence in the last three years.
Often, people who have owned a property think they are not eligible for one of the first time home buyer programs and are pleasantly surprised that they are eligible.
The premier Connecticut First Time Home Buyer program is offered by the Connecticut Housing Finance Authority, often referred to as simply CHFA. CHFA offers eligible buyers a below market interest rate and if needed assistance with a down payment and or closing costs. For more visit CHFA through this link. www.chfa.org
Learn more about purchasing a home at our HomeBuyer University: http://www.firstworldmortgage.com/hbu/