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

  • Loans 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. Liquid assets exceeding $60,000 will be subject to further analysis.
  • 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 77,040 87,960 99,000 109,920 118,800 127,560 136,320 145,200
Addison County 65,440 74,780 84,130 93,480 100,960 108,440 115,920 123,400
Bennington County 56,280 64,320 72,360 80,400 86,830 93,260 99,700 106,130
Caledonia County 61,920 70,680 79,560 88,320 95,400 102,480 109,560 116,640
Essex County 61,920 70,680 79,560 88,320 95,400 102,480 109,560 116,640
Lamoille County 61,920 70,680 79,560 88,320 95,400 102,480 109,560 116,640
Orange County 61,920 70,680 79,560 88,320 95,400 102,480 109,560 116,640
Orleans County 61,920 70,680 79,560 88,320 95,400 102,480 109,560 116,640
Rutland County 61,920 70,680 79,560 88,320 95,400 102,480 109,560 116,640
Washington County 66,120 75,600 85,080 94,440 102,000 109,560 117,120 124,680
Windham County 61,920 70,680 79,560 88,320 95,400 102,480 109,560 116,640
Windsor County 63,960 73,080
 82,200 91,320 98,640 105,960 113,280 120,600

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.

Apply

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

  • Purchase an approved zero energy modular (ZEM) home in a mobile home park setting OR a 1:1 replacement of an old Manufactured Home on owned land (no exceptions).
  • 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.

Apply

Contact Us for More Information: 802-861-7388 or Loans@getahome.org

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