Monday, January 1, 2018

I want to buy a home, Vermont Housing Finance Agency

I want to buy a home



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Why look to VHFA for your mortgage? VHFA is a not-for-profit organization that helps low-to-moderate income Vermonters obtain affordable mortgages. VHFA offers multiple mortgage programs with different requirements. For example, some options are limited to first-time homebuyers, while others are not.


Some benefits VHFA offers are:


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  • Low interest rates

  • Low down payment options

  • 30 year, fixed rate mortgages

  • Lower monthly mortgage insurance rates

  • Down payment and closing cost assistance (see Mortgage Loan Programs/ASSIST)

  • Savings of up to $825 on the Property Transfer Tax due to the State of Vermont on home purchases

  • Increased tax benefit



To find out which VHFA program best suits your situation contact a Participating Lender. VHFA mortgage loans are only available from a Participating Lender who can pre-qualify you and accept your loan application. VHFA Participating Lenders are banks, credit unions and mortgage companies located throughout Vermont.


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