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Mortgages for Connecticut's First-Time Homebuyers

Dreaming of owning a home? Take advantage of the First-Time Homebuyer Program from Thomaston Savings Bank. This special first-time homebuyer program is made available to assist individuals either buying homes in low- and moderate-income census tracts, or low- and moderate-income individuals purchasing homes in any of the Bank's communities here in Connecticut. With competitive rates and personalized service, open the door to your new home.

 Contact Us for Current Rates

Find A Homebuyer Program Built for Where You Want to Live

Are you planning to purchase in a low- and moderate-income census tract?

  • Bristol
  • New Britain
  • Plainville
  • Torrington
  • Waterbury
  • West Hartford
  • Winsted

Are you a low to moderate-income individual purchasing in any of the Bank’s communities? 

  • Thomaston
  • Watertown
  • Plymouth
  • Harwinton
  • Woodbury
  • Litchfield
  • Morris
  • New Hartford
  • Torrington
  • Bethlehem
  • Winsted
  • Middlebury
  • Naugatuck
  • Prospect
  • Waterbury
  • Wolcott
  • Avon
  • Bristol
  • Burlington
  • Canton
  • Farmington
  • New Britain
  • Plainville
  • Southington
  • West Hartford

Program Highlights:

  • 3% minimum down payment
  • No P.M.I. (Private Mortgage Insurance)
  • Rate reduced .125% (12.5 basis points) below our current rate
  • Rebate of full appraisal fee at closing
  • Non-traditional or limited credit history

Alternate Credit Underwriting:

  • One year employment history
  • Self employed - two years of steady income
  • Utility bills and rents - used for credit history

Program Details:

  • $250,000 maximum loan amount
  • Owner-occupied, 1-4 family and condos
  • Income limits apply
  • Various fixed rate options available
  • No pre-payment penalty
  • No balloon payment
  • Homebuyer education program required

Fill out your information below to get in touch and find out how you can become a First-Time Homebuyer.

Jason Alldredge head shot

Jason Alldredge
NMLS ID 457926
Work: 860-283-3441
Mobile: 203-558-0290

Vania Guerrera head shot

Vania Guerrera
NMLS ID 457927
Work: 860-283-3487
Mobile: 203-525-0364

Bob Frazee head shot

Bob Frazee
NMLS ID ​103851
Work: 860-283-34​06
Mobile: 860-559-0353

Peter Aylward head shot

Peter Aylward
NMLS ID ​106105
Work: 860-283-3681
Mobile: 203-685-9550

Headshot Kate Crovo

Kate Crovo
NMLS ID ​882254
Work: 860-283-3610
Mobile: 860-307-0371

**Your information will be sent securely through our system, directly to a Mortgage Loan Officer.