Tax credit each year up to $2,000 plus other VHFA benefits:
- Federal tax credit up to $2,000 each year you pay interest on your mortgage
- Save up to $825 on Vermont Property Transfer Tax at closing
- VHFA ASSIST eligible
- Low down payment options available
- Lower monthly mortgage insurance when using a conventional loan
Income and Purchase Price Limits apply. Pre-purchase homebuyer education and counseling required prior to closing. No ownership within 36 months prior to application if purchasing in: Addison, Bennington, Chittenden, Grand Isle and Windsor counties. Primary residence purchase only. click here to review a copy of the public notices regarding VHFA's MCC Program. Additional eligibility requirements apply.
