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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| File | Size | Type | Homebuyer Income Limits
In order to qualify for many CHFA Mortgage Programs, home buyers must have family incomes that fall below limits established by the federal government and State of Connecticut. This document details these income limits (which vary by family size and geographical location.) | 150K | pdf | | File | Size | Type |
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