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 69,240 79,200 89,040 98,880 106,800 114,720 122,640 130,560
Addison County 61,680 70,560 79,320 88,080 95,160 102,240 109,320 116,280
Bennington County 54,360 62,160 69,960 77,640 83,880 90,120 96,360 102,600
Caledonia County 54,360 62,160 69,960 77,640 83,880 90,120 96,360 102,600
Essex County 54,360 62,160 69,960 77,640 83,880 90,120 96,360 102,600
Lamoille County 54,360 62,160 69,960 77,640 83,880 90,120 96,360 102,600
Orange County 55,800 63,720 71,640 79,560 86,040 92,400 98,760 105,120
Orleans County 54,360 62,160 69,960 77,640 83,880 90,120 96,360 102,600
Rutland County 54,360 62,160 69,960 77,640 83,880 90,120 96,360 102,600
Washington County 62,160 71,040 79,920 88,680 95,880 102,960 110,040 117,120
Windham County 55,200 63,120 71,040 78,840 85,200 91,560 97,800 104,160
Windsor County 61,080 69,720 78,480 87,120 94,200 101,160 108,120 115,080

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