-
0% Interest rate with no monthly payment required.
-
Ten percent (10%) of the principal balance will be forgiven annually, on the anniversary date of the loan closing, until the loan is fully forgiven on the tenth anniversary.
-
Financing to cover up to 20% down payment and up to 5% closing costs.
-
Loan amounts up to $25,000.
-
Crowdfund your down payment with gifts from family, friends, and social media.
-
Eligible first-time buyers can get a matching grant up to $2,000.
-
No fees for contributors; gifts don’t need to be repaid.
-
Easy social sharing to boost contributions.
-
Support team helps guide you through the process
-
Down payment assistance up to 3.5% of the home’s purchase price, ideal for FHA borrowers.
-
Not limited to first-time buyers—repeat buyers can qualify too.
-
Flexible income guidelines support low-to-moderate income households.
-
Forgivable loan options available for those who meet program requirements.
-
Helps remove the down payment barrier and open the door to homeownership.
-
Substantial Downpayment Assistance
Eligible buyers can access various loan programs, including: -
SmartMove: Up to 25% of the purchase price at 3% interest.
-
Live Where You Work: Up to $25,000 at 0% interest for purchasing in the city where you work.
-
CT Forever Home: Up to $28,000 at 1% interest for homes in Connecticut
-
Up to $25,000 in forgivable down payment help
-
Must have a mortgage pre-approval
-
8-hour homebuyer education required
-
Includes credit and budgeting support