Ready to buy a new home, or need financial assistance? Here are some financial resources for homeowners
Are you getting ready to buy your first home? Or are you a homeowner needing financial assistance?
Your state may be able to help! Check your state below for more information:
The U.S. Department of Housing and Urban Development has homeowner resources for avoiding foreclosure, buying and selling a home. CLICK HERE for more information.
Connecticut Housing Finance Authority’s top three loans offer competitive incentives that help home seekers become homeowners. CLICK HERE to find out which mortgage is best for you.
When financial hardships present themselves, homeowners can benefit from a variety of Connecticut Housing Finance Authority programs from foreclosure prevention workshops and one-on-one foreclosure prevention counseling, to the Emergency Mortgage Assistance Program (EMAP), to job training. CLICK HERE for the programs.
If you are experiencing financial hardship due to COVID-19, the federal government is offering relief options to homeowners through the recently passed CARES Act. In addition, for those borrowers who do not qualify, many banks and credit unions in Connecticut are offering relief consumers may qualify for. CLICK HERE to determine which option meets your needs.
NEW JERSEY ASSISTANCE
New Jersey Housing and Mortgage Finance Agency (NJHMFA) provides a variety of programs to assist prospective homebuyers. CLICK HERE for information on how to get assistance. And CLICK HERE for FAQs.
The Homeowner Assistance Fund (HAF) is made available through the American Rescue Plan Act, enacted March 11, 2021. The HAF program will provide financial assistance for homeowners who have experienced a significant reduction or loss of income due to COVID-19 and have been unable to remain current with their mortgage payments. CLICK HERE for more on the program.
NEW YORK ASSISTANCE
State of New York Mortgage Agency (SONYMA) offers low-interest mortgage loans and programs to help qualified buyers purchase their first home. SONYMA provides access to affordable homeownership by removing many of the hurdles faced by first-time homebuyers. CLICK HERE to learn more about the program.
The New York State Homeowner Assistance Fund (“ NYS HAF”) is a federally-funded program dedicated to assisting homeowners who are at risk of default, foreclosure or displacement as result of a financial hardship caused by the COVID-19 pandemic. CLICK HERE to learn how to apply for assistance.
NEW YORK CITY ASSISTANCE
NYC Housing Connect is New Yorkers' portal to find and apply for affordable housing opportunities across the five boroughs of New York City. CLICK HERE for more information.