VHFA News

BURLINGTON—Vermont Housing Finance Agency is pleased to announce its top mortgage loan originators for 2005: Kathy Rice, Connecticut River Savings Bank, Springfield, Windsor County; Helen Wachtel, Brattleboro Savings Bank, Brattleboro, and Cathy Eakins, Brattleboro, Chittenden Bank, Windham County (tie); Paul Walsh, Heritage Family Credit Union, Rutland, Rutland County; Donna Kennison, Community National Bank, Troy, Orleans County; Wanda French, Universal Mortgage Corporation, Barre, Orange County; John Romano, Factory Point Bank, Manchester, Bennington County; Michelle Shambo, Chittenden Bank, Middlebury, Addison County; Jeanne Boucher, New England Federal Credit Union, Williston, Chittenden County; Kerry Whalen, People's Trust Co., St. Albans, Franklin County; Wanda Allaire, Union Bank, Morrisville, Lamoille County; Susan Laferriere, Union Bank, St. Johnsbury, Caladonia County; and Lee Youngman, Community National Bank, Montpelier, Washington County. “We rely on loan originators at VHFA participating lenders to act as our mortgage sales force,” explained VHFA Executive Director Sarah Carpenter. “We’re pleased to have originators like these on our team.” VHFA has 31 participating lending institutions around the state that help homebuyers qualify for VHFA mortgage loans. VHFA has several home mortgage loan programs, all of which have income and purchase-price limits. A list of participating lenders and information about VHFA’s programs and interest rates can be found on the Agency’s website: www.vhfa.org. VHFA was created by the Vermont Legislature 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 Vermont households with affordable mortgages and financed the development of nearly 7,000 affordable rental units.

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