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Mortgage Assistance Program for Teachers

file5771244374223Are you looking to buy a home? If you’re considering buying in certain districts or you teach in a shortage area, check out the Connecticut Teachers Mortgage Assistance Program.

The Teachers Mortgage Assistance Program offers home loans at below-market interest rates to Connecticut public school teachers. To be eligible for the program, you must be employed as a Connecticut-certified public school teacher or a certified regional vocational-technical teacher. You must also be a first-time homebuyer unless you purchase a home in a federally targeted area.

Click here to find out if you quality for the Teachers Mortgage Assistance Program.

Read the program brochure.

The Connecticut Housing Finance Authority website offers information on this and other mortgage programs, a list of participating lenders, targeted areas of the state, subject matter shortage areas, and priority and transitional school districts.

NOTE: New updated information is effective July 1, 2016 – June 30, 2017.

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