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Anchor Point Mortgage is licensed in CT, PA, RI, MA, NH, SC and FL. We also have partners in other states that are affiliated with our Umbrella Company, V.I.P. Mortgage Inc., that can help us achieve your financing goals nationwide. Contact us and we are happy to facilitate on your behalf.

Connecticut has some of the highest property taxes in the country, with rates varying by municipality. Buyers should check local tax rates and understand how they may impact their monthly payments. 

Standard inspections include checking for structural integrity, radon, pest infestations, and water quality if the home relies on a private well. Septic system inspections are also common in rural areas. 

While not mandatory, getting pre-approved for a mortgage is highly recommended. It gives you a clearer understanding of your budget, strengthens your offer, and shows sellers that you're a serious buyer. Also keep in mind, a lot of Real Estate Professionals will be hesitant to take buyers to view homes without know their buying power and eligibility for financing status.

Yes, Connecticut offers several first-time homebuyer assistance programs, such as CHFA loans (Connecticut Housing Finance Authority), which provide favorable mortgage rates and down payment assistance for qualified buyers. 

Connecticut is an attorney-closing state, meaning an attorney is required to handle the legal aspects of the closing. The process typically includes title searches, inspections, appraisals, and finalizing paperwork. 

Down payment requirements vary depending on the type of loan. Conventional loans typically require 5–20%, but government-backed loans like FHA and VA may offer lower down payment options, starting at 3.5% or even 0% for qualified buyers. 

Connecticut offers various incentives for purchasing energy-efficient homes, such as rebates, tax credits, and financing options for making energy-efficient upgrades through programs like Energize Connecticut