hey prescott.
See what you qualify for

Manufactured Housing Down Payment Loan

Champlain Housing Trust · Burlington, Vermont

Last verified
See what you qualify forOfficial program site →
Assistance

$30,000–$40,000

The maximum the program publishes — not an offer

Repayment

Deferred

No payments until the home is sold or refinanced

What is Manufactured Housing Down Payment Loan?

Manufactured Housing Down Payment Loan is a silent second mortgage for homebuyers in Burlington, Vermont, administered by Champlain Housing Trust.

  • A silent-second down payment assistance loan to help buyers purchase or replace a manufactured home with a new Energy Star Rated or Zero Energy Ready model (or an approved Zero Energy Modular home). 0.00% interest with all payments deferred until the property is sold, transferred, or refinanced. Assumable by the next qualifying buyer. Available in any Vermont county.
  • 0.00% interest silent-second DPA loan; all payments deferred until sale/transfer/refinance; assumable; tiered $30,000 or $40,000 by home type and land.

How much assistance does it provide?

Manufactured Housing Down Payment Loan offers between $30,000 and $40,000 in assistance.

  • Award tiers: $30,000: new Energy Star/Zero Energy Ready manufactured home in a park or on privately leased land. $40,000: new Energy Star/Zero Energy Ready manufactured home on owned land, OR approved Zero Energy Modular (ZEM) home (1:1 replacement on owned land or in a park).
  • Buyer contribution: Borrower must contribute at least $2,500 of transaction costs from savings.
  • Amounts are the program's published maximums, not an offer — Champlain Housing Trust determines any individual award.

Do you have to pay it back?

Manufactured Housing Down Payment Loan is deferred, so no payments are due until the home is sold, refinanced, or the first mortgage is paid off.

  • Repayment is triggered by Deferred until the property is sold, transferred, or refinanced.
  • The assistance is recorded in Second (silent second secured by mortgage deed) position.
  • Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Manufactured Housing Down Payment Loan is open to buyers who will live in the home as their primary residence.

The program requires

  • The home is occupied as a primary residence
  • A completed homebuyer education course, through Local NeighborWorks HomeOwnership Center (5+ VT locations)
  • Contact loan officer Shawn Chapman (NMLS #415801); page email Cloudflare-protected.

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

What are the income limits?

Manufactured Housing Down Payment Loan sets its income limit as follows: Gross household income below county-specific 2026 limits. 4-person examples: Chittenden/Franklin/Grand Isle $149,640; Washington $136,800; Addison $138,240; Bennington $128,040; Orange $126,600; Caledonia/Essex/Lamoille/Orleans/Rutland/Windham $125,640; Windsor $131,280. Full 1-8 person table by county on program page.

  • The limit applies to total household income, not only the borrower’s.
  • Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

Manufactured Housing Down Payment Loan can be used for manufactured home and modular home.

  • New construction is eligible.
  • Manufactured homes are eligible.

Where does it apply?

Manufactured Housing Down Payment Loan serves buyers purchasing in Burlington, Vermont.

How do you apply?

Applications for Manufactured Housing Down Payment Loan go through Champlain Housing Trust, which publishes the current terms and the application steps on its own site.

  1. Take a homebuyer education course

    Required by the program, through Local NeighborWorks HomeOwnership Center (5+ VT locations).

  2. Contact Champlain Housing Trust to reserve funds

    Funds are reserved with the provider and are subject to availability.

  3. Work with a lender who handles the program

    Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.

Other programs in Burlington, Vermont

See every program in Burlington, Vermont →

90-second match

Not sure which you qualify for?

Answer 9 questions and we'll match you to every program you can actually use — in about 90 seconds. No SSN, no credit pull.

Find my programs