NMLS: 2576 | CT LICENSE: 1101 | MA LICENSE: LS2576 | MI LICENSE: FR0023580 HERO is a mortgage program designed to support neighborhood stabilization by providing CHFA financing to homebuyers that are purchasing foreclosed, abandoned or bank-owned properties in Connecticut. McCue Mortgage is one of the few lenders in Connecticut qualified to offer the HERO program as an option. Being the state’s leader in CHFA loans, McCue Mortgage is already familiar with the process and can get you in your home quickly.
Requirements are very similar to CHFA guidelines with few variations that may work in the favor of our customers…
- NO income limits for the borrower, unless utilizing the Downpayment Assitance Program (DAP)
- NO sales price limits, but the maximum financing availability is still set by FHA limits
- Do not have to be a first time homebuyer to participate in HERO
- Can be combined with additional FHA programs
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