Vermont Federal Credit Union Seed Money Program
Funding status: Active
How much assistance
Up to $7,500 (3% of purchase price) (Grant)
Does not require repayment.
Eligibility
- Income limits: Household income of $125,000 or below
- First-time buyer required: Yes — First-time homebuyer.
- Geographic restrictions: Must purchase a single-family home or approved condominium. Must obtain a conventional mortgage through Vermont Federal Credit Union.
How to Apply for Vermont Federal Credit Union Seed Money Program
Step 1: Contact Vermont Federal Credit Union's mortgage team at 888-252-0202 to apply. Must qualify for a conventional mortgage through the credit union and not qualify for other down payment programs.
Notes
Available to first-time buyers who do not qualify for other DPA programs. 3% of purchase price up to $7,500 maximum.