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Lender Tools, Calculators and Look-ups

Income Limits

The Connecticut Housing Finance Authority (CHFA) establishes maximum household income limits for most borrowers eligible for CHFA mortgages.  The income limits vary by town and city to correspond with differences in cost of living and median incomes throughout the state. The income limits also differ between households of less than three residents and households of three or more residents.

Income limits do not apply for borrowers purchasing homes in targeted areas of the state, unless they have secured a down payment assistance second mortgage through another CHFA program.

“Household income” includes all before-tax income from any adults 18 or older who are not full-time students and who live in the home.

The look-up table below will help you determine whether a borrower meets the CHFA income limits of the town or city where the home is located.

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059 Income and Sales Price Limits - 064-0308 Rev 6-2017r
This manual provides information regarding the CHFA Loan Programs available with underwriting overlays, credit scores, applicable servicers and more.
195Kpdf
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