VHFA News

Legislative Breakfast and CE Class

Financing with USDA Rural Development and Vermont Housing Finance Agency

 

Join the Windsor County Board of Realtors for this important Legislative Breakfast.  Network with Legislators and get up to date information on legislation important to Realtors and property owners.  There are several important pieces of legislation at the State House and many more issues being discussed, including:

  • Act 250

  • Increase in license registration fees

  • Broadband

  • Housing Affordability

 

Business Meeting

The business meeting and legislative update will begin at 8:30am.  It's an opportunity to talk to Legislators one on one.  Invitations have been sent to Legislators, but if you see your Legislator, please extend the invitation as well! 

Thank you to the sponsor Mascoma Bank.

 

CE Class (2CE)

Financing with Rural Development and Vermont Housing Finance Agency

USDA Rural Development and the Vermont Housing Finance Agency (VHFA) offer opportunities for Vermonters to purchase homes with up to 100% financing, down payment assistance, and low closing costs. 

USDA Rural Development’s portion of the course will introduce Realtors to USDA’s core housing programs. 502 Direct Loan purchase option and Home Improvement Grants/Loans that are available through local RD Specialists will be addressed. The course will also overview the RD Guarantee Program that is available through local Vermont banks, credit unions, and mortgage companies. RD programs are the most commonly used federal financing program in the state of Vermont for single family home purchase, making this opportunity for realtors to learn more critical to their success in the market. 

The VHFA course section will cover VHFA’s mission as a state chartered agency in administering mortgage loan programs to help Vermonters achieve homeownership. The material will provide detail on the available programs, how they are structured with underlying standard conventional and government products and the features and benefits. The section will also include an overview of the eligibility criteria, how the process works and resources for realtors to access after course completion to help them assist homeowners interested in VHFA programs.

 

Register today for the Legislative Breakfast and CE Class!