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Homebuyer Mortgage Interest Rates


The Connecticut Housing Finance Authority offers home loans at below-market and competitive interest rates to eligible homebuyers through its various Homebuyer Mortgage Programs.  Homebuyers must apply through one of our CHFA- Participating Lenders.

If you're purchasing a home located in a federally Targeted Area of the state, you will receive an additional 0.250% discount on the CHFA published interest rate.  Borrowers cannot combine the Targeted Area discount with any other discount rate.   You can view all Targeted Area locations by visiting the CHFA Resource Map.

ProgramGovernment InsuredNon-Government InsuredOrigination FeeAnnual Percentage Rate Range
Down Payment Assistance Program (DAP)
N/A5.0000.05.100% - 5.500%
 Note: Interest rate= (i.) First mortgage rate in effect -OR- (ii.) 5.00% (5.10% -5.50%); whichever is less. Up to a $600 Application Fee payable to the Lender and up to $200 Settlement Agent Fee. Additional fees may apply.
Time To Own - Forgivable Down Payment Assistance Program
 Note: 0% interest and no monthly payments. Ten Percent of the principal balance forgiven annually, on the anniversary date of the loan closing, until the loan is fully forgiven on the 10th anniversary. See (DAP) above for applicable fees.
HFA Preferred Loan Program
N/A6.7500.06.850% - 7.250%
HFA Advantage Loan Program
N/A6.7500.06.850% - 7.250%
Government Insured Mortgage Programs
6.375N/A0.06.475% - 6.875%
203(k) Limited Rehabilitation Mortgage
6.375N/A1.56.475% - 6.875%
 Note: Additional fees may apply to the FHA 203(k) Rehabilitation Programs.
Home of Your Own Program
6.2506.6250.06.350% - 7.125%
Homeownership Program
6.2506.6250.06.350% - 7.125%
Military Homeownership Program
6.2506.6250.06.350% - 7.125%
Police Homeownership Program
6.2506.6250.06.350% - 7.125%
Teachers Mortgage Assistance Program
6.2506.6250.06.350% - 7.125%
Mobile Manufactured Home Loan Program
N/A6.7500.06.850% - 7.250%
Mobile Manufactured Home Refinance Program
N/A1.0000.01.100% - 1.500%

Please scroll down on the right for additional Mortgage Program Interest Rates.

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