VHFA News

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.

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