Connecticut Military Homeownership Program Checklist
A step-by-step checklist for consumers applying for the Connecticut Military Homeownership Program in 2025.
Confirm Your Eligibility
- Ensure you are an active-duty service member, honorably discharged veteran, or member of the National Guard to qualify for the program.
- Verify that your household income meets the program’s limits, which vary based on county and family size.
- Confirm that your credit score meets the program’s minimum requirement, typically 620 or higher. Additional conditions may be outlined by your assigned Loan Officer.
- Verify that the property you plan to purchase is within the program’s price limits and will serve as your primary residence.
Prepare Necessary Documentation
- Provide proof of military service, such as a DD-214 form, military ID, or other official documentation verifying your status.
- Collect proof of income, including recent pay stubs, W-2 forms, or other documentation of your earnings.
- Gather your tax returns for the past two years, including all schedules and attachments.
- Obtain recent bank statements covering the last two to three months for all financial accounts.
- Prepare property details, including the address, purchase agreement, and sale price.
- Compile any additional documents requested by your Loan Officer, such as verification of debts, liabilities, or assets.
Work with Your Assigned Loan Officer
- Your assigned Loan Officer is available to assist you throughout the application process for the Connecticut Military Homeownership Program.
- Schedule an initial meeting or call with your Loan Officer to review eligibility requirements, program benefits, and the steps to complete your application.
- Ask any questions about the program benefits, required documentation, or timelines for approval.
- Follow your Loan Officer’s instructions to gather and submit all necessary materials promptly and accurately.
Complete Your Application
- Collaborate with your Loan Officer to accurately complete the application for the Military Homeownership Program.
- Submit all required documents to verify your eligibility for the program’s benefits.
- Review your application with your Loan Officer to ensure all information is complete and free of errors before submission.
- If necessary, attend a homebuyer education course to fulfill program requirements.
Finalize Your Enrollment
- Sign all required documents provided by your Loan Officer to secure your participation in the program.
- Prepare for any additional costs not included in the program assistance, such as closing fees or prepaid items.
- Receive confirmation of your enrollment and detailed information on how the assistance will be applied to your mortgage or other homebuying costs.
Maintain Compliance with Program Terms
- Ensure that the purchased property remains your primary residence for the duration specified by the program’s guidelines.
- Notify your Loan Officer immediately if you plan to sell, refinance, or make changes to your mortgage, as these actions could impact your program benefits.
- Stay informed of any program updates or changes to maintain compliance and retain your benefits.