Success Stories

Read about how successful these members have been!

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HopeBuilders Breakfast

Attend one of our informational HopeBuilders breakfasts to learn more about the Champlain Housing Trust and the affordable housing work we do in northwestern Vermont.

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MHDP Loan Program

Loan Eligibility Requirements

  • Can be used in any Vermont county Home must already serve as, or will be, the borrower's primary residence 
  • Applicants must complete Homebuyer Education and Counseling at your Local NeighborWorks HomeOwnership Center (5+ locations in VT) 
  • The loan is secured by a mortgage deed, so there must be enough equity in the property to secure the loan amount
  • The home cannot be located in a FEMA Special Flood Hazard Area 
  • Credit history and debt obligations will be considered
  • The gross household income (before taxes and deductions) must be less than the following:
Area Household Size
  1 person 2 persons 3 persons 4 persons 5 persons 6 persons 7 persons 8 persons
Burlington/South Burlington MSA 77,160 88,200 99,240 110,160 119,040 127,800 136,680 145,440
Addison County 63,720 72,840 81,960 90,960 98,280 105,600 112,800 120,120
Bennington County 60,480 69,120 77,760 86,280 93,240 100,200 107,040 114,000
Caledonia County 60,480 69,120 77,760 86,280 93,240 100,200 107,040 114,000
Essex County 60,480 69,120 77,760 86,280 93,240 100,200 107,040 114,000
Lamoille County 60,480 69,120 77,760 86,280 93,240 100,200 107,040 114,000
Orange County 60,480 69,120 77,760 86,280 93,240 100,200 107,040 114,000
Orleans County 60,480 69,120 77,760 86,280 93,240 100,200 107,040 114,000
Rutland County 60,480 69,120 77,760 86,280 93,240 100,200 107,040 114,000
Washington County 65,280 74,640 84,000 93,240 100,200 108,240 115,680 118,080
Windham County 60,480 69,120 77,760 86,280 93,240 100,200 107,040 114,000
Windsor County 62,640 71,500 80,520 89,400 96,600 103,800 110,880 118,080

Loan amount of $27,500:  Energy Star Rated Manufactured Home

  • Replace an old manufactured home with a new Energy Star Rated model. Location can be in a mobile home park or on owned land.
  • Purchase a new Energy Star Rated Manufactured home in a mobile home park or on owned land.
  • Must qualify for a First Mortgage or other Financing for the balance of the purchase and site improvement costs.
  • Borrower must be able to contribute at least $2,500 of transaction costs from cash savings.
  • A home installation inspection will be required.

Manufactured Housing Downpayment Loan Program Brochure Manufactured Housing Downpayment Loan Program Brochure (722 KB)

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Loan amount of $35,000: Vermod High Performance Home

  • Purchase a Vermod High Performance Home in a mobile home park setting
  • Must qualify for a First Mortgage or other Financing for the balance of the purchase and site improvement costs.
  • Borrower must be able to contribute at least $2,500 of transaction costs from cash savings.

Vermod Brochure Vermod Brochure (1217 KB)

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Contact Us for More Information: 802-861-7388

More Info

Offices

88 King Street
Burlington, VT 05401
NMLS ID# 179570

13 Lake Street
St. Albans, VT 05478
NMLS ID# 184793

Program is made possible by the State of Vermont and the Vermont Housing Finance Agency