Down payment assistance

Are down payment or closing costs standing between you and your first home buying experience?

Monty is here to help so you can finally own your own!

Using our ASSIST loan, VHFA can provide Vermonters with up to $5,000 in down payment and closing costs.

Benefits include:

0% interest

No Monthly Payments

Repayment only when you refinance or sell your home


You no longer have to feel frustrated by the home buying process. Monty is here to empower and educate you about VHFA's programs so you can feel confident in the home buying process.

This is your year! Apply today to see if you qualify for down payment assistance.



How it works

Your VHFA Participating Lender will work with you to determine if the ASSIST loan is best for your situation. The ASSIST loan amount cannot exceed your actual closing costs and required down payment. The uses are very flexible, and can even reimburse you for some of the upfront expenses related to your mortgage that typically have to be paid out of pocket. The ASSIST loan will not cause your principal balance to increase or require you to make a monthly payment.



Am I Eligible?

ASSIST loans have separate eligibility requirements from VHFA's first mortgage programs. To qualify, you must be buying your first home, meet VHFA's ASSIST asset limitation and attend HUD-Approved Homebuyer Education prior to your loan closing. Please contact a VHFA Participating Lender for more information.

Interested in an ASSIST loan?

Find a Lender Today