BEST OF

Connecticut Housing Finance Authority Lenders of 2021

CHFA, or the Connecticut Housing Finance Authority, provides below-market-rate mortgages and help for making down payments and paying closing costs. These lenders can help you apply for assistance.

NerdWalletJanuary 28, 2021
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If you’re a first-time home buyer in Connecticut, you might be eligible for help through CHFA. The agency offers mortgages with reduced interest rates, along with down payment and closing cost assistance.

To take advantage of these special programs, you need to work with a participating lender. The CHFA maintains a list of participating lenders on its website, although it does not endorse lenders.

Below are several participating lenders that NerdWallet has reviewed and rated highly, followed by others that originate a high volume of CHFA loans.

More CHFA participating mortgage lenders

These participating lenders have not been reviewed by NerdWallet. They were among the top producing CHFA lenders by volume, according to CHFA's 2019 lender loan activity report.

  • Offers an online homebuyer course on its website.

  • Has locations in Avon, Glastonbury, Orange, Southington, Watertown, West Hartford and Windsor, Connecticut.

  • Lists loan officers on its website with bios and contact information.

  • Provides an online form to request a mortgage rate quote.

  • Publishes general rates online for variety of mortgages.

  • Has an online chat feature.

  • Has an online application to start the mortgage process.

  • Offers a $500 credit at closing on purchase loans.

  • Publishes current mortgage rates for a variety of loan types.

  • Provides an online search tool to find a mortgage banker.

  • Has an online chat feature.

  • Allows you to send mortgage documents electronically.

  • Offers an online loan officer directory.

  • Has branch locations in Danbury, New Britain and New London, Connecticut.

  • Offers a broad selection of purchase and refinance mortgages, including renovation loans.

  • Lets you start your application online.

More from NerdWallet

Last updated on January 28, 2021

Methodology

NerdWallet's star ratings for mortgage lenders are awarded based on our evaluation of the products and services each lender offers to consumers who are actively shopping for the best mortgage. The five key areas we evaluated include the variety of loan types and products offered, online conveniences, online mortgage rate information, and the rate spread and origination fee lenders reported in the latest available Home Mortgage Disclosure Act data. To ensure consistency, our ratings are reviewed by multiple people on the NerdWallet Mortgages team.

To recap our selections...

NerdWallet's Connecticut Housing Finance Authority Lenders of 2021