VHFA MOVE Mortgage Program
Funding status: Active
How much assistance
Below-market interest rate mortgage with down payment as low as 0-5% (Government-Insured Mortgage)
Eligibility
- Income limits: Varies by county and household size, generally $100,000 to $140,000
- First-time buyer required: Yes — Must not have owned a home in the past 3 years (for purchases in Addison, Bennington, Chittenden, Grand Isle, or Windsor counties).
- Credit score minimum: 640
- Geographic restrictions: Available statewide in Vermont.
- Homebuyer education required: Yes
How to Apply for VHFA MOVE Mortgage Program
Step 1: Contact a VHFA participating lender to determine eligibility and apply. A list of participating lenders is available on the VHFA website.
Notes
VHFA's lowest interest rate mortgage option. Can be combined with ASSIST down payment assistance. Purchase price limits vary by county ($400,000-$450,000). Also reduces Vermont property transfer tax by $825.