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New income and purchase price limits extend VHFA programs to more home buyers

Posted by: seth on 11/6/2013

More Vermonters will be able to purchase homes using VHFA's mortgage programs thanks to newly increased income and purchase price limits put in place on November 1st, 2013.

“VHFA is focused on helping low- and-moderate income home buyers purchase affordable homes, and we are constantly reassessing how we can best serve that market in Vermont” explained Executive Director Sarah Carpenter. “The new limits expand the number of Vermonters and Vermont homes that are eligible for VHFA financing, creating opportunities for more individuals and families who want to take advantage of historically low interest rates to become homeowners,” Carpenter added.

More information is available on VHFA's web site or by contacting a participating VHFA lender.