Equity Builder Grant Vt

$15,000 Home Buyer Grants Available!

 

Equity Builder Funds are available this week - that's up to a $15,000 grant for income qualified buyers.  Equity Builder Funds:

 

  • Assist eligible home buyers with up to $15,000 in down payment and closing costs;

     

  • Are available to households with incomes at or below 80% of HUD area median income based on property location;

     

  • Recipients must attend home buyer education/counseling program.

 

If the home owner remains in the home for 5 years, there is no repayment. If the home is sold within the first 5 years, the grant is paid back on a pro-rated basis.

 

Enrollment to eligible borrowers starts March 23, 2016, with a fully executed Purchase & Sale Agreement, completed application and income/asset verification.

 

Think you may qualify? Now is the time to reach out to us and your local lender for more details. This is a great opportunity to buy a home while there is a good inventory of homes to choose from, interest rates are low, and now you may have an additional $15,000 to put towards your down payment and closing costs!

 

Equity Builder Grant for 1st Time Home Buyers!

Are you a first time home buyer? Do you know about the Equity Builder Grant Program? If not, you should talk to your local lender. The program gives banks grants to give out to income eligible applicants. I believe Community National Bank & Passumpsic Savings Bank will each have 10 to give out. The funds will be available soon so talk to your lender and you might just save $9K!

Comments

  1. NEWTON BLAISDELL on

    i am interested in a first time home byers grant i have a home in mind if you have any questions call 802 272 7445 thank you newton
    • Nicholas Maclure on

      Newton, Please contact one of our local lenders regarding the grant. I believe both Community National Bank and Passumpsic bank have some grant funds to work with. I would guess some other VT banks would as well!
      • refinance mortgage on

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        • Sherrie Bull on

          Could you please add Union Bank to your ad.