Whether you are buying, building, or refinancing, Vermont Federal is your trusted partner in accomplishing your home ownership goals. Our experienced Mortgage Originators are here to help you every step of the way.
Whether you're buying your first home, that perfect house with a view, or looking for a great investment opportunity, we have you covered! Our expert Origination team will walk you through the entire home buying process from start to finish.
Looking to lower your monthly mortgage payment or use the equity in your home for the kitchen of your dreams? Our refinance programs can allow you to utilize your current home to achieve any of the goals you have.
Vermont Federal Credit Union is a Vermont Housing Finance Agency (VHFA) participating lender. VHFA offers attractive mortgage programs for purchase in Vermont. Income and price limits are in place for VHFA programs; a mortgage originator can review the current details with you.
Borrow only what you need with a Vermont Federal Home Equity Line of Credit (HELOC) or enjoy peace of mind with a low fixed rate Home Equity Loan. Either way, access the equity you have in your home to pay for home improvements, educational expenses, debt consolidation, vehicles, and more.
At Vermont Federal, we know how big of an accomplishment it is becoming a first-time home buyer. Because of that, we want to do everything we can to help you get there sooner. Many first-time home buyers struggle to come up with the necessary down payment. With our first-time home buyer program, you can borrow up to 97% of the home value or purchase price (whichever is lower) when you purchase a single family home or condominium. This means you only need a 3% down payment.
Still need some assistance with the down payment? We’re here to help you realize your dream of home ownership, with our new mortgage assistance program that can provide up to $7,500* towards your closing and down payment costs.
Available for first-time home buyers, or those who have not owned a home solely
Conventional mortgages only
Single family homes, approved condominiums, or double-wide manufactured homes
3% of the purchase price up to a maximum of $7,500
Household income limit of $125,000
100% Maximum combined Loan to Value
*Available for first-time home buyers who do not qualify for other assistance programs. Second mortgage loan at 0.00% interest, with no monthly payment due. If first mortgage is refinanced, paid off, or the property is sold, or the property is converted to a rental property the second mortgage will be due in full. After 15 years the second mortgage is forgiven. Other restrictions apply.