28 July 2011
CHFA Mortgage Rates - until August 4, 2011
Whether you're looking to purchase a home or condo, CHFA or FHA financing could be the answer. Are you looking in Rocky Hill, Windsor, East Windsor, Windsor Locks, or other towns in Greater Hartford CT? Let me help you navigate through the home-buying maze.
Homebuyer Mortgage Program
Interest rate: 3.875 % (APR range 3.975 - 4.375 %)
Fees: Up to One Point (1% Origination Fee) * Payable to Lender
Term - 30 years, fixed rate
* Additional fees may apply
Downpayment Assistance Program (DAP)
(Rate listed is for DAP loans with Homebuyer Mortgage Program financing.)
Interest rate: 3.875 % (APR range 3.975 - 4.375 %)
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
Urban Rehabilitation Homeownership Program (UR Home)
Interest rate: 3.625 % (APR range 3.725 - 4.125 %)
Fee: Up to One-and-a-Half Points (1.5% Origination Fee)* Payable to Lender
Term - 30 years, fixed rate
* Additional fees may apply
Homeownership Program,
Home of Your Own Program,
Police Homeownership Program,
Teachers Mortgage Assistance Program, and
Military Homeownership Program
Interest rate: 3.750 % % (APR range 3.850 - 4.250 %)
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%.)
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