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SmartMove Connecticut

Low interest downpayment assistance to help CT families buy homes they can afford.

SmartMove helps first time homebuyers in Connecticut purchase homes by providing a low-interest loan that can be used for downpayment. This allows you to put down as little as 1% of the purchase price towards the purchase of their home, avoid mortgage insurance, and benefit from lower mortgage payments.


SmartMove is a 3% (APR = 3.42% to 4.74%) second mortgage for up 20% of the purchase price. There is a $750-$2,500 service fee for SmartMove borrowers which is added to closing costs. SmartMove loans can be combined with HDF’s other downpayment assistance programs to increase your downpayment and cover closing costs. HDF NMLS#840392.


SmartMove borrowers should be income-eligible, fall within our income guidelines, purchase within HDF’s service area, and complete first-time homebuyer counseling and education with HDF or one of our partner counseling agencies.

Click here to find out more about our first time homebuyer program and start your journey on our online client portal, HDF Compass.

Click here to view our service area map with income limits and partner agencies.

Approved First Mortgage Lenders

When you take advantage of SmartMove, your first mortgage needs to be provided by a bank who has chosen to participate in SmartMove.

Participating First Mortgage Lenders

         Chelsea Groton Bank 


         Fairfield County Bank 

         Farmington Bank 

         Ion Bank 

         Liberty Bank 

         M&T Bank 

         Newtown Savings Bank 

         People’s United Bank 

         Savings Bank of Danbury 

         Stamford Mortgage Company 

         Union Savings Bank 

         United Bank 

         Webster Bank 


PROGRAM Materials

Printable materials about this downpayment opportunity.