03/25/2024
I cannot say enough good things about the CHFA Time-To-Own Program it has definitely been a game changer for many of my First Time Home Buyer clients! This particular program allows for up to $25,000.00 in down-payment assistance and up to 5% in closing cost assistance which carries NO INTEREST, NO PAYMENTS, and is COMPLETELY FORGIVABLE after 10 years. The advantages of this program are that it can be used in conjunction with your own funds, the larger down-payment helps to offset the current interest rates by driving down your monthly payment, and the larger down-payment helps to increase your buying power. In addition, homes located in "High/ Very High Opportunity Areas" (areas with low poverty concentration, good schools, and low crime rates.) are eligible for up to $50,000.00 in down-payment assistance! Not to mention, several of my clients I've helped purchase homes with this program, have done so with as little as a $1,000.00 deposit and $2,500.00 in the bank. I'm sure you'll have questions if you're interested in the program so feel free to give me a call. My contact information is below.
Click the following link more information:
https://www.chfa.org/homebuyers-homeowners/homebuyers/time-to-own-down-payment-assistance-program-loan/
Tracey Deleston | REALTOR®
[email protected] | Direct: 860-938-8595
970 Farmington Ave, West Hartford, CT 06107 | JorgeDeleston.bhhsneproperties.com