Eligible applicants for this loan must meet all of the following requirements:
- Applicants must be a first-time homebuyer or have not owned a home in the past three years.
- Applicants must be employed full time or part time as Connecticut-certified public school teachers or certified regional vocational-technical teachers.
- Applicants must purchase a home in a priority or transitional district where they are teaching.
- Applicants must be first-time homebuyers unless they are purchasing a home in a targeted area
0% down with no asset limit requirements, can be combined with a Downpayment Assistance Program loan.