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Frequently
Asked Questions
Section 2 - For Borrowers with an existing loan
Q.
I pay a monthly private mortgage
insurance premium (PMI) on my current
CHFA loan. When can I discontinue this insurance?
A. There are established guidelines for discontinuing
private mortgage insurance coverage for CHFA loans
depending on the date your loan originally closed.
Please contact your CHFA loan servicer for the guidelines.
Q.
Where do I make my Downpayment Assistance Loan payment?
A. Downpayment Assistance Loan payments should
be made payable to CHIF and remitted to:
Connecticut
Housing Investment Fund
P.O. Box 271120
West Hartford, CT 06127
Questions concerning your second mortgage loan should be directed to Connecticut
Housing Investment Fund at (860) 233-5165, or toll free in Connecticut
at (800) 992-3665. Information may also be obtained through their web
site at www.CHIF.org
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