Connecticut FHA Mortgages for First Time Buyers

FHA Loans are a great mortgage program for first time home buyers in Connecticut.  You only need 3.5% down (and you can get that as gifted funds), your don’t need a perfect credit score (620 or better), and we will work with you every step of the way.

At Northeast Financial we pride ourselves on our customer service.  We are located right here in Connecticut and work with Connecticut residents to purchase the home of their dreams by setting up your home financing.

Call us today for a free consultation.  Getting pre-approved is a fast process and can take as little as a few minutes.

Thank you,

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Michael Meyer
Senior Vice President of Northeast Financial
NMLS#117875
Mike@northeast-mortgage.com
860-876-0572
210 S. Main St Middletown, CT 06457

Company NMLS#117273 

http://www.zillow.com/profile/MichaelMeyer8/

https://www.linkedin.com/company/north-east-financial

https://www.facebook.com/pages/Northeast-Financial-Mortgage/143761005796033

 

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FHA Disclosure

NMLS# 117273, Northeast Financial, 860-788-7237

The principal and interest payment on a 203,500 30 year FHA fixed rate loan at 3.25% on 96.5% loan to value is 1,025.99 with 0 points due at closing.  The APR is 4.491%.  Payments include a one time upfront mortgage insurance premium (MIP) at 1.75% of the base loan amount and monthly MIP is calculated at .85% of the base loan amount.  The .85% monthly MIP is required for a specific period of time regardless of your down payment or equity in your home.  The principal, mortgage insurance, and interest payment does not include property taxes or home owner’s insurance premiums, which will result in a higher actual monthly payment.  Rates current as of 6/26/17