Buying your first home is an exciting milestone—but it can also feel overwhelming, especially in a competitive market like Connecticut. From understanding your mortgage options to navigating closing costs, there’s a lot to consider. If you’re a first time buyer in CT, this guide will walk you through the essential steps and tips to help you feel confident and prepared throughout the process.
Before browsing listings, it’s crucial to determine how much house you can realistically afford. Consider not just the home price, but also:
A good rule of thumb: your monthly housing costs should not exceed 28–30% of your gross monthly income.
Use mortgage calculators to estimate your monthly payments, or better yet, speak with a trusted loan originator at AFC Mortgage Group. We’ll help you understand your full financial picture and explore the mortgage programs that fit your needs.
In a competitive market like Connecticut, being pre-approved for a mortgage gives you an edge. Sellers want to know you’re serious—and capable—of purchasing.
Pre-approval involves a lender reviewing your credit, income, and debt to determine what loan amount you qualify for. It’s different from pre-qualification, which is more of an estimate.
With AFC Mortgage Group, our pre-approval process is fast, easy, and designed specifically with first time buyers in mind. We’ll also walk you through how your credit score, debt-to-income ratio, and savings impact your eligibility.
Connecticut offers several programs designed to help first time buyers. These can lower upfront costs and make homeownership more accessible:
At AFC Mortgage Group, we’re experienced in working with home buyer CT assistance programs and can help you determine which options you qualify for.
There’s no one-size-fits-all mortgage—especially for first-time buyers. Common options include:
We’ll help you compare loan types, interest rates, and payment structures so you can make the most informed decision.
Having a knowledgeable local agent is a game-changer—especially for first time buyers. Connecticut’s real estate market is unique, with distinct differences between regions like Fairfield County, the Shoreline, and the Quiet Corner.
Your agent will help you:
We’re happy to recommend trusted real estate partners across CT who specialize in working with new homebuyers.
Many first time buyers are surprised by closing costs, which typically range from 2–5% of the home price. These may include:
Some programs or lenders (like AFC Mortgage Group) can help you roll some costs into your loan or connect you with down payment assistance to reduce the burden.
The homebuying process can be complex—but you don’t have to go it alone. At AFC Mortgage Group, we believe in educating and empowering our clients. We’re always available to explain documents, walk you through options, and ensure you feel confident every step of the way.
Buying your first home in Connecticut is a major step—and one that deserves the right support system behind it. If you're interested in learning more about mortgage investing, check out our blog here.
Ready to Get Started?
If you’re a home buyer in CT and ready to take the first step toward homeownership, contact AFC Mortgage Group today. Our expert loan officers are here to guide you from pre-approval to closing day—and beyond.
Let’s make your dream of owning a home in Connecticut a reality.
Become homeowners. AFC Mortgage Group will help you navigate the loan process, secure financing, and purchase your dream home.
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