Downpayment & Closing
Costs Loan Products
HDF offers stackable loan products for first time homebuyers. If eligible, you can apply for multiple downpayment and closing costs programs at once. Below you will find more information about HDF loan products.
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Our Loan Programs
SmartMove CT
A low-interest rate loan program for downpayment and qualified closing costs for up to 25% of the purchase price. Clients must be first-time homebuyers looking to buy in Connecticut. Household income limits apply.
SmartMove NY
A low-interest rate loan program for downpayment and qualified closing costs for up to 25% of the purchase price. Clients must be first-time homebuyers looking to buy in New York. Household income limits apply.
Live Where
You Work CT
Up to $25,000 in downpayment and closing cost assistance at 0% interest for first-time homebuyers purchasing homes in the city where they work. Remote work does not qualify. Household income limits apply.
CT Forever Home
Up to $28,000 downpayment assistance at 1% interest for first-time homebuyers purchasing homes in Connecticut. There is a 10-year affordability period associated with this program. Sales price limit apply.
Local Downpayment
Assistance Programs
Additional loan programs are available to first time homebuyers purchasing in specific towns and cities. Some restrictions may apply.
SmartMove Lending Partners
CT Community Bank
Citibank
CMG Financial
Fairfield County Bank
First County Bank
Ion Bank
Ives Bank
Liberty Bank
M&T Bank
Stamford Mortgage
Thomaston Savings Bank
Union Savings Bank
Webster Bank
