Vermont Federal Credit Union Seed Money Program

Administered by: Vermont Federal Credit Union · Nonprofit · Grant

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.

Cities Where This Program Is Available