VHFA News

BURLINGTON, VT  River Valley Credit Union has become a Vermont Housing Finance Agency (VHFA) participating lender. Participating lenders work with borrowers to answer questions about purchasing a home with a VHFA mortgage, determine borrowers’ eligibility, and process applications for low-interest rate VHFA home loans. “We’re pleased to have River Valley Credit Union join the ranks of VHFA participating lenders,” said VHFA Executive Director Sarah Carpenter. “With more than 30 such lenders across the state, Vermonters now have more choices than ever when it comes to selecting a participating lender they feel most comfortable with helping them through the home-buying process.” “We at River Valley Credit Union are very pleased to be a participating VHFA lender," said Vice President Stephen Duclos. "Being a community lender, it is extremely important we partner with VHFA for our credit union members’ home buying needs.” River Valley Credit Union has offices in Bellows Falls, Brattleboro, Putney, Springfield and Townshend. VHFA’s Web site (www.vhfa.org) features a searchable database of all VHFA participating lenders — including names of mortgage originators at each institution and detailed contact information. The Vermont Legislature established VHFA in 1974 to finance and promote affordable housing opportunities for low- and moderate-income Vermonters. Since its inception, the Agency has helped almost 25,000 households with affordable mortgages and nearly 7,000 families into affordable rental units.

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