MOVE

• Up to $15,000 down payment and closing cost assistance with ASSIST
• Up to $825 savings on Vermont Property Transfer Tax at closing
• Lower mortgage insurance when using Fannie Mae or Freddie Mac
• Income, credit, and other eligibility requirements apply
• Borrowers & non-borrowing spouses must have not owned within the prior 36 months, if purchasing in: Addison, Bennington, Chittenden, Grand Isle, or Windsor county.

MOVE MCC

• Annual Federal tax credit with the Move Credit Certificate (MCC) program
• Up to $15,000 down payment and closing cost assistance with ASSIST
• Up to $825 savings on Vermont Property Transfer Tax at closing
• Income, credit, and other eligibility requirements apply
• Borrowers & non-borrowing spouses must have not owned within the prior 36 months, if purchasing in: Addison, Bennington, Chittenden, Grand Isle, or Windsor county.

ADVANTAGE

• Up to $15,000 down payment and closing cost assistance with ASSIST
• Up to $825 savings on Vermont Property Transfer Tax at closing
• Income, credit, and other eligibility requirements apply

ASSIST Down Payment and Closing Cost Assistance

• Up to $15,000 down payment and closing cost assistance
• 0% interest loan with no monthly payments for borrowers eligible
• Repaid when the property is sold, refinanced, or mortgage is paid in full
• Must be used with VHFA Move, Move MCC, or Advantage
• Borrowers & non-borrowing spouses must be true first-time homebuyers
• Combined liquid (non-retirement) assets must be less than $30,000
• NOT available when using a VA Loan

Mortgage Credit Certificate (MCC)

• Federal tax credit up to $2,000 each year borrowers live in the home and pay interest on the mortgage
• Available with MOVE MCC or with a non-VHFA mortgage offered by a VHFA Participating Lender.