Homebuyers - especially first-time homebuyers - usually have questions about where to start and where to find special programs. To answer these and other questions, VHFA is hosting a one-hour webinar to explain how VHFA programs can help eligible homebuyers. Topics will include:
- VHFA programs and benefits
- VHFA eligibility requirements
- How to find a participating lender and get started
- Where to start if homebuyers are not quite ready to contact a lender
WHEN
Wednesday, June 17, 2020
10 a.m., 2 p.m., 6 p.m. EST
VHFA can help homebuyers stretch their buying power!
Vermont is an attractive place to live with a limited housing supply. Home prices tend to remain high, even through economic downturns. This is good news for homeowners, but not-so-good-news for first-time homebuyers looking to get their foot in the door. Luckily, VHFA is here to help eligible homebuyers with special programs, including:*
- Low competitive rates
- Down payment requirements as low as 0% - 3%, and
- Up to $5,000 closing cost and down payment assistance with VHFA ASSIST**
- Tax breaks and lower private mortgage insurance where applicable
Interested homebuyers can contact a local VHFA participating lender today!
VHFA offers all of its programs through local participating banks, credit unions and mortgage companies. The first step in the homebuying process is to contact a VHFA participating lender. A complete list of participating lenders can be found at VHFA's website. Interested homebuyers are encouraged to contact a participating lender to ask about eligibility and if VHFA would be their best option.
VHFA is here to help!
Homebuyers who are not quite ready to contact a lender can contact HFA with any questions at [email protected] or (802) 652-3461.
*Income and other eligibility requirements apply for all VHFA programs, for more details please visit vhfa.org or speak with a participating lender.
**VHFA ASSIST is a 0% loan that borrowers repay only when they sell or refinance in the future.