{"data":{"id":"us-ct/conn.-gen.-stat.-8-286b","jurisdiction":"us-ct","citation":"Conn. Gen. Stat. § 8-286b","heading":"Mortgagee participation.","body":"(a) Mortgage loan guarantees issued by the commissioner under subsection (e) of section 8-286 shall be in the form of a guarantee from the commissioner to an approved mortgagee. Mortgagees may participate in the program by entering into a mortgage guarantee agreement with the commissioner. Mortgagees participating in the program shall process and underwrite loan guarantees in accordance with the provisions of said subsection (e), this section and sections 8-286c and 8-286d and any regulations adopted by the commissioner pursuant to section 8-289.\n(b) Any mortgagee seeking a loan guarantee and any mortgagor seeking to have a loan guaranteed shall provide such information to the commissioner as the commissioner deems necessary. The information shall be provided on a form prescribed by the commissioner. Any information required by the commissioner in connection with an application for a mortgage loan guarantee shall be provided subject to the penalty for false statement under section 53a-157b. No guarantee shall be valid until approved by the commissioner.\n(c) No loan shall be eligible for a guarantee under the program established pursuant to section 8-286 unless the commissioner determines that the terms and conditions of the loan are acceptable to the commissioner.","path":["TITLE 8. ZONING, PLANNING, HOUSING AND ECONOMIC AND COMMUNITY DEVELOPMENT","CHAPTER 136. DEPARTMENT OF HOUSING: HOME OWNERSHIP LOANS"],"source_url":"https://www.cga.ct.gov/current/pub/chap_136.htm#sec_8-286b","current_through":"Revised to January 1, 2026 (2026 Supplement to the General Statutes of Connecticut, applied over the base revision of January 1, 2025)","vintage":"","retrieved_at":"2026-09-06T19:06:57Z","sha256":"e077b1d66fcaaa60630eadcf366103d8280bfdda3eafaa716887364d4e47e368","source_id":"us-ct","stale":false,"prev":"us-ct/conn.-gen.-stat.-8-286a","next":"us-ct/conn.-gen.-stat.-8-286c"},"notice":"GroundRules: Original legal text. Not legal advice."}