News

Buying vs Renting Save money every month by becoming a homeowner rather than a renter.  Pay yourself and not a landlord.  What you pay in rent every month is many times equivalent to what you would pay for a mortgage.  Did you also know there are cities in CT that are more economical to own…
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If you aren’t sure if you should buy a home during the fall or winter months, you should read this article! Buying a home now may be better and here’s why. Should I Buy A Home Now or Wait Until the Spring? There are many questions homebuyers ask themselves during the homebuying process. “How much can…
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Northeast Financial is your Connecticut resource for either buying or refinancing your Condominium.  We are located right in the heart of the state (Middletown) and close loans throughout all of Connecticut.   We offer many different loan types for your Condo.  If you are purchasing, we offer 100% financing options with CHFA Loans and VA Loans. …
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First Time Mortgage Options Looking for your First Time Mortgage can be exciting but overwhelming at the same time.  There are many different loan options for first time mortgage borrowers.  For example, you may need help with a down payment or prefer low monthly payments.  Certain loans may fit your needs better than others. 100%…
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Using a Connecticut Mortgage Broker or a Mortgage Lender?  Hello everyone – we are Northeast Financial (a local Connecticut Mortgage Broker) located right in Middletown Connecticut (and we cover the entire state). Many consumers do not know the difference between a Connecticut mortgage broker and a mortgage lender.  Consequently, knowing how they are different can help…
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Connecticut Veteran Mortgage Program First of all, thank you to all of our veterans for their service.   There are great Connecticut Veteran Mortgage programs available for those that have served our country.  My name is Vanessa Brown and I am a part of an amazing team at Northeast Financial in Middletown, CT.  Northeast Financial…
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Advantages and Disadvantages of Government Mortgage Programs A Government Mortgage is subsidized by the government, either the Federal Housing Authority (FHA), Veterans Administration (VA), or US Department of Agriculture (USDA), to protect lenders again default on payments. This makes it easier for lenders to offer borrowers lower interest rates and make home ownership affordable for…
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Credit Card Debt Refinance If you are a Connecticut Home Owner and have too much credit card debt – then an option is to refinance your home and pay off that debt with a new mortgage.  A Credit Card Debt Refinance can be an easy process if you already have equity in your property.  …
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CHFA Mortgage Loans Connecticut Housing Finance Authority (CHFA Mortgage) is  Connecticut ’s Premier  Mortgage Program for “First Time Homebuyers”. This special first time homebuyer program offers a low fixed interest rate mortgage.  Furthermore, it provides down payment assistance to help you purchase the home of your dreams.   CHFA Mortgage Loans are available to homebuyers…
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