Connecticut Mobile Home Loans
100% Financing Available!
In partnership with
Looking to buy a mobile home in Connecticut? First World Mortgage has partnered with the Connecticut Housing Finance Authority (CHFA) to make homeownership more accessible with:
- No down payment required
- 3% Fixed Rate (3.15% APR)*
- No Mortgage Insurance (MI)
- Not Just for First Time Buyers!
- Loan Amounts Up to $150,000
Program Eligibility
- First-time buyer or repeat buyer
- Must be primary residence
- 50% total debt-to-income (DTI) ratio
- Cannot own any other property at the time of closing
- Not to exceed 100% Area Median Income (AMI)
- Homebuyer Education class required for first time buyers
- Property must be a year-round home in state-licensed mobile home park
*The 3.15% Annual Percentage Rate (APR) shown is based on a $150,000 loan amount, 30-year fixed term, 0% down payment, and includes estimated fees and costs. Monthly principal and interest payment is $632.41. Payments do not include amounts for taxes and insurance; actual payment obligation will be greater. Additional fees and closing costs may apply. Not all applicants will qualify for the maximum loan amount. CHFA is the Connecticut Housing Finance Authority. For information purposes only and is not a commitment to lend. Programs, rates, terms and conditions are subject to change at any time. Availability dependent upon approved credit and documentation, acceptable appraisal, and marketing conditions. Not all programs available in all areas. We arrange but do not make some loans. First World Mortgage Corporation, headquartered at 127 Prospect Ave, West Hartford. CT 06106. NMLS# 2643; Equal Housing Lender.
CT Licensed Mobile Home Parks
GUARANTEE
$5,000
Our Certified Homebuyer preapprovals are backed by a $5,000 seller guarantee