When Kimberly Edgar was unable to work due to COVID-19, the new Mortgage Assistance Program offered her a path for keeping her home in Brattleboro. The Mortgage Assistance Program first operated from July through December 2020, providing 636 Vermont households with grants averaging $6,000 each. Housing news from Vermont Housing Finance Agency (VHFA) Mortgage Assistance Program webinar on July 23. The Mortgage Assistance Program, will provide grants covering up to 12 months of past due mortgage payments and property taxes for eligible homeowners. In 2020, Vermont’s Mortgage Assistance Program helped homeowners who fell behind on their mortgage and faced economic hardship brought on by the COVID-19 pandemic. Sara Fleming. Funded through the Federal CARES Act, the Vermont COVID Emergency Mortgage Assistance Program was first available in July through December 2020. This assistance, which is a … The program, which is funded through the federal CARES Act, will help Vermont homeowners facing economic hardship brought on by the COVID-19 pandemic. If you are a renter looking for rental assistance, please visit the Vermont Emergency Assistance Program at https://erap.vsha.org/ or by phone at 833-488-3727. The program provided grants for up to six monthly mortgage payments directly to the servicer of the mortgage with a goal of preventing future foreclosure. To apply online, you need an email address. 164 Saint Paul Street Please allow 45 days from the date you submit your application. The Vermont Housing Finance Agency is administering the $5 million grant program. Fax: 802-864-8081, © 2001-2021 Vermont Housing Finance Agency The Mortgage Assistance Program, will provide grants covering up to 12 months of past due mortgage payments … Eligible even if the mortgage is already in forbearance or deferment. The Vermont Housing and Finance Association (VHFA) offers an ASSIST loan which can be used in conjunction with a VHFA mortgage. A Mortgage Assistance Program information hotline is open 9 am – 4 pm, Monday through Friday, at 1-800-889-2047. A Mortgage Assistance Program information hotline is open 9 am-4 pm, Monday through Friday, at 1-800-889-2047. * Income, Purchase Price Limits and other eligibility requirements apply. Income for all borrowers up to $84,000 in 2020 or up to $21,000 total income in the last 90 days. Read the news article published on the VHFA website to learn more. Receive up to $5,000 in down payment assistance as a 0% interest second mortgage with no monthly payments required. Call 800-400-8790 All VHFA programs are offered exclusively through local VHFA participating lenders. This program is available to ALL Vermonters – not just those who have mortgages funded through VHFA … VHFA will accept … Click here to review a copy of the public notices regarding VHFA's Mortgage Credit Certificate MCC Program. Tags: Vermont; About Author . Sara comes to Vermont from Colorado and to … With average monthly mortgage payments of $1,200, most of these … The Mortgage Assistance Grant Program, a Vermont COVID housing relief program launched on July 13 by the Vermont Housing Finance Agency, provides $5 million to help low-income homeowners, including owners of mobile homes, who have fallen behind on their mortgage and are facing economic hardship brought on by the COVID-19 pandemic. Box 408 Information and application materials are available on VHFA’s website at www.vhfa.org/map. The ASSIST loan is designed to provide applicants purchasing their first home with up to $5,000 to help with down payment and closing costs. Email: MortgageAssistance@vhfa.org The Mortgage Assistance Program, will provide grants covering up to 12 months of past due mortgage payments and property taxes for eligible homeowners. 164 Saint Paul Street The Mortgage Assistance Program will provide grants covering up to 12 months of past due … In 2020, Vermont’s Mortgage Assistance Program helped homeowners who fell behind on their mortgage and faced economic hardship brought on by the COVID-19 pandemic. Vermont Housing Finance Agency (VHFA) is administering the program, but it is available to any homeowner who meets the eligibility criteria, and is not just for VHFA mortgage borrowers. Vermont Housing Finance Agency (VHFA) will soon begin to accept applications for the Vermont COVID Emergency Mortgage Assistance Program. Funded by the federal CARES Act, the program provides qualified Vermont homeowners with grants for up to six months of overdue mortgage and property tax payments. The program is available to any homeowner who meets the eligibility criteria, not just to VHFA borrowers. The Vermont program that helps homeowners who have fallen behind on their mortgage or property taxes during the COVID-19 pandemic will re-open on Monday, May 3, 2021. Available with MOVE MCC or paired with a non-VHFA mortgage offered by a local VHFA participating lender. The program provided grants for up to six monthly mortgage payments directly to the servicer of the mortgage with a goal of preventing future foreclosure. By applying for mortgage assistance through the Vermont Housing Finance Agency … Today the Vermont Housing Finance Agency (VHFA) rolled out its down payment and closing assistance grants for Vermont home buyers, calling the program MOVE ASSIST. Vermont Housing Finance Agency (VHFA) will soon begin to accept applications for the Vermont COVID Emergency Mortgage Assistance Program. To help VHFA better process your application, please provide the accurate name, phone number and email of the person at your servicer that VHFA should contact about your mortgage. For homeowners in Chittenden County this limit is $96,000 in 2020 or $24,000 in the last 90 days. Mortgage Assistance Program (and maybe Property Tax Assistance) ... (VHFA) is taking applications for the Vermont COVID Emergency Mortgage Assistance Program. Box 408 Applying does not guarantee approval. If you have a mortgage, but do not escrow your property taxes and you are past due with your town due to COVID-19, then you may be eligible for assistance with property tax for the prior twelve (12) months. In addition to the Mortgage Assistance Program, the act dedicated funding for a variety of legal and counseling services, housing and facilities, eviction protection, rental assistance … Burlington, VT 05402-0408 USA, Vermont COVID Emergency Mortgage Assistance Program, Vermont COVID Mortgage Assistance Application Website, Homeowners living in Vermont as their primary residence, Mortgage entered before March 1, 2020 (home-equity loans and reverse mortgage are NOT eligible), Missed payments since March 1, 2020 due to a COVID-19 hardship. Phone: 802-652-3421 A Mortgage Assistance Program information hotline is open 9 am – 4 pm, Monday through Friday, at 1-800-889-2047.