BURLINGTON—Vermont Housing Finance Agency (VHFA) named its top five participating lending institutions for fiscal year 2009: Chittenden Bank, first; New England Federal Credit Union, second; Universal Mortgage Corp., third; Mortgage Financial Services, fourth; and Heritage Family Credit Union, fifth. VHFA has many participating lending institutions around the state that help homebuyers qualify for VHFA mortgage loans. A list of participating lenders and information about VHFA's programs and interest rates can be found on the Agency's Web site: www.vhfa.org. VHFA was created by the Vermont Legislature in 1974 to finance and promote affordable housing opportunities for low- and moderate-income Vermonters. Since its inception, the Agency has helped approximately 26,500 Vermont households with affordable mortgages and financed the development of approximately 7,700 affordable rental units.
VHFA NAMES TOP PARTICIPATING LENDERS, FY2009
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