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 70,560 80,640 90,720 108,800 108,860 117,000 125,040 133,080
Addison County 59,640 68,160 76,680 85,200 92,040 98,880 105,720 112,560
Bennington County 54,120 61,920 69,600 77,280 83,520 89,760 95,880 102,120
Caledonia County 54,120 61,920 69,600 77,280 83,520 89,760 95,880 102,120
Essex County 54,120 61,920 69,600 77,280 83,520 89,760 95,880 102,120
Lamoille County 55,680 63,600 71,520 79,440 85,800 92,160 98,520 104,880
Orange County 54,600 62,400 70,200 78,000 84,120 90,360 96,600 102,840
Orleans County 53,880 61,920 69,600 77,760 83,520 89,760 95,880 102,120
Rutland County 54,120 61,920 69,600 77,280 83,520 89,760 95,880 102,120
Washington County 60,960 69,600 78,360 87,000 93,960 100,920 107,880 114,840
Windham County 54,840 62,640 70,440 78,240 84,600 90,840 97,080 103,320
Windsor County 60,840 69,480 78,120 86,760 93,720 100,680 107,640 114,600

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.

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