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Connecticut is one of the many states that have chosen to enact legislation focused on stopping predatory lending practices. Though most of the legislation’s provisions involve the regulation of high cost home loans, there are also restrictions on first mortgages, second mortgages, and other types of loans. 



Because of Connecticut’s strict regulations, the Federal Reserve Board has chosen to exempt them from the Federal Truth in Lending Act. Connecticut is only one of five states allowed to locally enforce this federal law.

All of these rules are very good to hear if you are a Connecticut resident. And, if you are in the market for a home loan, there is even more good news. Connecticut has recently begun to promote affordable housing plans to battle the rising price of housing in the state. If you are looking for a loan, use the Connecticut rules and regulations to your advantage. Compare lenders, rates, and loan terms before accepting to get the best deal possible.

Our recommended companies service Connecticut, including these cities; Hartford, and New Haven.

Our Recommended Lenders Servicing Connecticut -

Suggested State Sources For Loans -

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