Mortgage Services, Inc. 

Providing Home Loan Solutions Since 1986 

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CHFA Mortgages


“Hundreds of First Time Homebuyers Are Getting Approved for the CHFA Loan Program—And You Can, Too!”


Connecticut Housing Finance Authority (CHFA) is Connecticut’s Premier Mortgage Program for “First Time Homebuyers”. This special first time homebuyer program offers a low fixed interest rate mortgage, and down payment assistance to make the dream of homeownership more affordable for individuals and families looking to purchase a home in the state of Connecticut.

CHFA Not Just For First Time Homebuyers!

Eligible Borrowers - CHFA Mortgages are available to homebuyers who have not had an ownership interest in a home for the previous 3 years. Prior homeowners may qualify for a CHFA mortgage if the home they purchase is within an area that is designated by CHFA as a “Targeted Area”.  Household income limits, which vary by town, apply
to all borrowers with one exception: In targeted areas, households exceeding the income
limit may still apply for CHFA financing without regard to the income limits.

Eligible Properties - CHFA Mortgage may be used to purchase an existing one- to four-family home, mobile homes, a newly constructed single family home, or a newly constructed two-family home in a targeted area. They can also be used to purchase condominiums that are on the CHFA eligible condominium list. All properties must be owner occupied, and CHFA loans are not available for investment properties.

Downpayment Assistance Program (DAP) -The Downpayment Assistance Program (DAP) provides homeownership opportunities to eligible buyers who are unable to provide their own downpayments. Applicants may also be eligible to borrow funds to pay their closing costs. A DAP loan can only be used in conjunction with a CHFA first mortgage.




Teachers Mortgage Assistance Program - Connecticut certified full-time or part-time public school teacher or vocational-technical teacher employed by and teaching in a “Priority or Transitional School District”, or who are certified to teach and are teaching in a “State-identified Subject Matter Shortage Area”, may qualify for the Teachers Mortgage Assistance Program. Teachers who qualify for this program are also entitled to an additional .125% reduction in the already below market rate.

Police Homeownership Program - This CHFA Loan Program is available to local or state police officers who purchase homes in eligible municipalities. Eligible municipalities must agree to participate in this program, then designate areas of the municipality where an increased police presence would be desirable. State or local police officers who purchase homes in those designated areas are eligible to apply for the CHFA low interest rate, and are entitled to an additional .125% reduction in the already below market rate.

Military Homeownership Program - CHFA Mortgages are available to those serving in the U.S. military whether Active Duty, Guard or Reserve or veterans who served in the U.S. Armed Forces.  If a Veteran who is on Active Duty applies for a CHFA/VA Mortgage, they are entitled to an additional .125% reduction in the already below market rate.

Get Started Today!

Mortgage Services, Inc. is an approved Connecticut Housing Finance Authority (CHFA) lender, and offers low mortgage rates for first time homebuyers to purchase their homes. Mortgage Services, Inc. experienced staff of Loan Specialists will guide you step by step through the process of acquiring your first home in a professional, easy, and understandable manner.





From Our Customers:

Thanks for going above and beyond, and doing a great job on our mortgage. We really appreciate you being there for us" Mike and Shari

 "I am writing this letter to let you know how much I appreciated the way your representatives helped me through the refinancing process. They are number one professionals displaying skill and knowledge of their job."   Ruth W

"Thank You for assisting us with our mortgage. Our new home is excellent. Once again thanks for everything." Brian and Meg K 






Mortgage Services, Inc - MSI NMLS # 2594
193 Grand Street , Waterbury, CT  06702
Direct:  (800) 922-3210
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