VHFA lowered our home mortgage loan interest rates today.
Our Government program — 30-year, 0 point, fixed rate — is 4.75% (4.75% APR).
Our Conventional program — 30-year, 0.25 point, fixed rate — is 4.875% (4.9% APR).
New homeownership income, purchase price limits
Last Friday, VHFA adjusted our home loan income and purchase price limits. Now, more Vermonters will be able to purchase homes using VHFA's low-interest mortgages.
Good luck, Pat!
VHFA staff sent off retiring Director of Homeownership Programs Pat Crady with a potluck luncheon today, complete with mariachi band. (How we managed to pull together a 4-piece mariachi band from our own ranks stands as a testament to how multi-talented our staff is. I think.)
How to apply for flood assistance
Residents of Addison, Chittenden, Franklin and Grand Isle counties who were affected by flooding have 60 days to apply for assistance from the Federal Emergency Management Agency (FEMA).
There are 3 ways to apply: