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New homeownership income, purchase price limits

Posted by: VHFA on June 29, 2011 - 8:56am

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.

Income and purchase price limits vary by county and help determine which homebuyers and
properties are eligible for VHFA financing. Income limits are ceilings on what households can
earn and still qualify for VHFA mortgages; purchase price limits are the maximum price a
home can sell for and still be eligible for VHFA financing.

Read more in this morning's press release (PDF) and view all the new limits online.



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