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Get Hero Deed Restriction Disclosure - 001-1110hero - Chfa - Chfa
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How to fill out the HERO Deed Restriction Disclosure - 001-1110HERO - CHFA - Chfa online
This guide provides step-by-step instructions for filling out the HERO Deed Restriction Disclosure form online. The process ensures that you understand the deed restriction associated with your mortgage loan application through the Connecticut Housing Finance Authority.
Follow the steps to complete your HERO Deed Restriction Disclosure form accurately.
- Click the ‘Get Form’ button to access the HERO Deed Restriction Disclosure form. This will allow you to open the document in the online editor of your choice.
- Begin by entering the names of the borrower(s) in the designated field provided at the top of the form. Make sure to include all individuals involved in the mortgage loan application.
- Next, fill in the property address section with the exact location of the property being financed. Accuracy is important to ensure proper identification.
- Read the acknowledgment statement carefully. This section outlines the understanding that by applying for the mortgage loan through the HERO program, a deed restriction will apply, prohibiting the transfer of ownership interest for five years without prior consent from CHFA.
- After reviewing the acknowledgment, the borrower should sign and date the form in the space provided. If applicable, the co-borrower must also sign and date in their designated area.
- Once all fields are completed and verified for accuracy, you can save your changes. Options may include downloading a copy of the form, printing it for your records, or sharing it with relevant parties.
Complete your HERO Deed Restriction Disclosure form online today to ensure your mortgage loan application is processed smoothly.
Deed restrictions are clauses on your home's deed that limit how you can use your property. A deed restriction might say you can't build a shed in your yard or own a certain breed of dog. Deed restrictions can come from an HOA, the builder of the home or a local governing body.
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