Turning Rent Payments into an Investment in Your Future
If you’re currently renting in Connecticut, you might feel like your dream of owning a home is just out of reach. Rising home prices, competitive bidding, and the challenge of saving for a down payment can make homeownership seem daunting, but with the right guidance and the right programs, that dream can become a reality much sooner than you think.
At The Brokerage of New England, we’re committed to connecting home buyers with opportunities that make homeownership accessible. That’s why we’re spotlighting Total Mortgage’s new “Lease to Keys” promotion, a program designed to give first-time buyers, especially renters, the extra financial push they need to purchase their first home.
What Is the “Lease to Keys” Program?
The “Lease to Keys” promotion from Total Mortgage is aimed squarely at renters who are ready to transition into homeownership. The program offers up to $2,500 in closing cost assistance, easing one of the biggest financial hurdles for first-time buyers.
Whether you’re renting an apartment, condo, or a single-family home in Connecticut, this program can help you move forward with confidence, knowing you’ll have extra funds available at the closing table.
Additional First-Time Homebuyer Support
The Lease to Keys program is just the beginning. Total Mortgage also provides access to valuable Connecticut Housing Finance Authority (CHFA) programs, including:
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Time To Own – Forgivable Down Payment Assistance: Covers up to 20% of your down payment and 5% for closing costs, with loan amounts up to $25,000 at 0% interest. The best part? It’s forgivable over ten years, meaning if you stay in your home long enough, you may never have to repay it.
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CHFA SmartMove, HFA Advantage, and HFA Preferred: Low-interest loans and reduced mortgage insurance for qualifying first-time buyers.
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Fairfield County First Time Homebuyer Program: Targeted assistance for buyers in high-cost housing markets.
These programs can be combined with the Lease to Keys incentive, providing a substantial financial advantage for buyers ready to take the leap.
Why This Matters Now
The Connecticut housing market remains competitive, with demand often outpacing supply. Financial assistance programs like Lease to Keys give buyers a better chance of success by reducing upfront costs and freeing up funds for moving expenses, furnishings, or renovations.
For many renters, this could be the opportunity to finally stop paying their landlord’s mortgage and start building equity in their own property.
Your Partner in Homeownership
As your local real estate experts, The Brokerage of New England is here to help you navigate the entire home buying process, from finding the perfect property to connecting you with trusted lenders and mortgage programs like Lease to Keys. We understand the local market, we know the right resources, and we’re committed to making your transition from renter to homeowner as smooth as possible.
Ready to go from lease to keys?
Contact The Brokerage of New England today to learn more about available homes and how you can take advantage of Total Mortgage’s $2,500 closing cost assistance and other first-time buyer programs. Your future home is waiting and we’re here to help you unlock the door.
The information provided in this blog post is for general informational purposes only and is not intended as legal, financial, or mortgage advice. The Brokerage of New England makes no representations or warranties, express or implied, regarding the accuracy, completeness, or reliability of any information contained herein. Programs, promotions, terms, and eligibility requirements referenced, including those offered by Total Mortgage, are subject to change without notice and may vary based on individual circumstances. Readers should verify all details directly with the appropriate lender or qualified professional before making any financial decisions. The Brokerage of New England shall not be held liable for any errors, omissions, or outcomes resulting from the use of this information.
