Yes: in Connecticut, mortgage loan officers need a state license issued by the Connecticut Department of Banking. You can check a name yourself on Department of Banking Verify a License.
Mortgage loan officers in Connecticut: what buyers ask
What first-time buyer programs does Connecticut offer?
In Connecticut, the Connecticut Housing Finance Authority (CHFA) pairs a below-market first mortgage with down payment help: a Time To Own forgivable loan of up to $25,000 or a DAP loan of up to $15,000. In Hartford, HouseHartford adds up to 20% of the price, capped at $40,000.
What does an FHA loan require?
FHA loans need 3.5% down with a 580 credit score. Upfront mortgage insurance is 1.75% and the annual premium is 0.55% at 96.5% LTV.
Check a mortgage loan officer yourself
- License required · Connecticut Department of Banking
- Titles you will see: Mortgage loan originator
- Check a name yourself: Department of Banking Verify a License
The 5 sectors of Hartford
Central District · East District · South District · West District · North District