VHFA News

By: Eric Hoffman

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

Register

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.