Vermont Shared Equity Assistance
Vermont Housing Finance Agency offers Shared Equity Assistance to first-time buyers in Vermont: up to $5,000, as a grant.
- Amount
- As much as $5,000
- Help type
- Grant
- Limited to first-time buyers
- Yes, although exceptions apply
How is Vermont Shared Equity Assistance paid back?
Grant: this money never has to be repaid.
If you follow the program's rules, a grant is simply money you never repay.
Who qualifies for Vermont Shared Equity Assistance?
- You must be buying a shared-equity home through a Vermont Housing Trust (a community land trust or homes with resale restrictions).
- It depends on the county and the size of your household, with a maximum of $180,000.
- Only first-time buyers: yes, but some exceptions apply.
- The first mortgage that comes with it is a Fannie/Freddie Community Land Trust loan or a Resale Restricted one.
On the agency's income chart you'll find the exact limit for your county and household size. Use our HUD income limits tool to see the median income for your area.
How to apply for Vermont Shared Equity Assistance
- Apply with an approved lender for this help and your home loan together; Vermont Housing Finance Agency pays it through those lenders.
- The lender reviews income, credit and the home under program rules, then sets the money aside for you.
- At closing, the money is paid toward your closing costs and down payment.
See Vermont Housing Finance Agency's page for Shared Equity Assistance for complete rules and current application status, or use the agency's lender list.
Ask a lender about Vermont Shared Equity Assistance
Tell us where you're buying and a lender that works with Vermont's programs can tell you whether Vermont Shared Equity Assistance fits you, and what you could combine with it.
Don't want to call? Share your details and the lender will get in touch.
More first-time buyer programs in Vermont
- Vermont Down Payment Assistance (ASSIST):
Deferred loan worth up to $10,000.
- Vermont First Generation Homebuyer Program:
A grant of up to $15,000.
Every Vermont first-time home buyer program · Down payment assistance for every state