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Are You a First Time Home Buyer in VT? We Found Help!

Are You a First Time Home Buyer in VT? We Found Help!

Are you a first time home buyer in VT? We found resources that might make it easier for you to get into a home.

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Get more help buying a house with low income here!

If you’re a first time home buyer in VT, you could get down payment help.

If you’re a first time home buyer in VT and you want to buy a home in a rural area, you might be able to do it through the USDA. The direct loan program might make it easier for you to purchase a home since it does not require a down payment. You can finance your home 100% with this program. In addition to meeting the “rural area” guidelines, you’ll have to meet other requirements the USDA has in place.

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first time home buyer

The Habitat for Humanity could help you with a down payment by allowing you to use “sweat equity” as your down payment. If you qualify for the program and you make it through the waitlist, you could get a Habitat home. You might also be able to get assistance finding financing. 

The Vermont Housing Finance Agency might be able to help you with your down payment. You could also save as much as the whole down payment or a percentage of it if you qualify for the program through VHFA.

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Vermont’s Neighborworks Down Payment Assistance Program might be able to help you with a portion of your down payment. You could save money on your down payment and also make getting into a home easier through this program. You will have to meet their income and other guidelines to get help with this program.

We found more help for VT first time home buyers.

You might be able to get a guaranteed loan through the USDA if you meet the qualifications. The USDA requires you to live in a rural area and has other requirements you’ll need to meet to get help with the program. This loan comes from a traditional lender but has a guarantee from the USDA that backs up the loan.  

The Housing Finance Authority might be able to help if you’re a first time home buyer in VT. You will need to meet the income guidelines and qualifications the program has in place. You can get help finding a home, finding the best financing for your home and finding a way to make the most out of the home buying process.

The Mobile Home Assistance Program might help if you want to purchase a mobile home or manufactured home in Vermont. This can also be helpful if you’re not a first time home buyer in VT, but you live in a mobile home. If you’re a mobile home owner currently, you might be able to use that to get help with a manufactured home that’s safer.

Vermont is one of the first states in the country to offer a purchase program for manufactured homes. If you meet their income guidelines and you have their required credit score, you might be able to get help with purchasing a manufactured home in Vermont. There are other requirements you’ll need to meet to get help with this program.

Got VA benefits? You could get into a home!

If you qualify for VA benefits and you’re a first time home buyer in VT, you might be able to get help with a loan that’s backed by the VA. You might be able to save money on your purchase by lowering your interest rates. You might also be able to get qualified for a home with a lower down payment. The benefit might make it easier for you to purchase a home with a lower credit score and lower income than you’d be able to get from a traditional home loan.

You might get help through your Vermont county!  

There are some counties that might be able to provide help if you’re a first time home buyer in VT. Your county might be able to help you make purchasing a home a possibility!

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Chittenden County

If you’re a first time home buyer in VT and you want to buy a home in Burlington, you might be able to get help through the first time home buyer program. Burlington has options available that might make it easier for you to find a home, find financing for your home and get into the home through their assistance programs. They offer programs for people who qualify with both low-income and moderate income.

The rest of the county might be able to get help through the Get a Home Program. This program might make it easier for you to get help with a manufactured home in Vermont.

Franklin County

If you’re in Franklin County, you might be able to qualify for help through the Get a Home program. As a first time home buyer in VT, you could save money on your home purchase if you want a manufactured home. There are also other options available that might make it easier for you to get into a manufactured home.

Grand Isle County

Are you in Grand Isle County and a first time home buyer in VT? You could get help! The county has an assistance program that might help you purchase a manufactured home. There are requirements you’ll need to meet including income requirements and being a first time home buyer. This might also make it easier for you to get into a home when you didn’t have any other options in the past.

Windsor County

The Windsor County Homeownership Center might be able to help you if you want to purchase a home in the county. If you meet their qualifications and you’re able to provide information on your income and family size, you could get help through the program.

Serious about buying a house? Don’t miss these other resources!

We found more help in Vermont!

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