First Generation Homebuyer Program

First Generation Homebuyer Program은(는) Statewide, Vermont 주택 구매자를 위한 보조금입니다. VHFA's First Generation Homebuyer Program: $15,000 GRANT for Vermont first-generation homebuyers (parents have not owned in past 3 years, or borrower aged out of foster care). State-appropriated, no repayment. Layers with $15,000 ASSIST DPA second for combined up-to-$30,000. 640 FICO. Statewide. VHFA's First Generation Homebuyer Program provides a $15,000 GRANT (not a loan, not forgivable, not repayable - a TRUE grant) to first-generation Vermont homebuyers. The grant funds down payment and closing costs and stacks ON TOP OF VHFA's standard $15,000 ASSIST DPA second mortgage, for combined assistance up to $30,000. Funded by Vermont state appropriation (Act 79 / 2022 Vermont budget). Eligibility: borrower (and any co-borrower) qualifies as 'first-generation' if (a) borrower's parents have not owned a home in the past 3 years, or (b) borrower aged out of foster care. The First Gen program features higher income limits than the standard ASSIST baseline (up to approximately $180,000 in higher-cost VT counties for larger households per VHFA First Gen FAQ. baseline $110,000 in lower-cost areas), reflecting the program's anti-wealth-gap focus rather than strict low-income targeting. Maximum purchase price up to $550,000 in higher-cost / targeted counties. Pairs with VHFA MOVE / ADVANTAGE first mortgage and ASSIST DPA second. 640 FICO minimum. Homebuyer education required. Statewide. 재원은 State에서 나옵니다.

First Generation Homebuyer Program은(는) 보조금 형태이므로 상환하지 않습니다. 상환 사유: TRUE GRANT - no repayment, no lien, no forgiveness schedule. Funds disbursed at closing toward down payment / closing costs. Borrower retains the $15,000 free and clear (subject to first-generation eligibility certification at application 및 misrepresentation may trigger clawback per VHFA program disclosure). 지원금은 No Lien 순위로 등기됩니다. 탕감 및 상환 조건은 프로그램이 정하며 바뀔 수 있습니다 — 신청 전에 공식 프로그램 페이지에서 확인하세요.

First Generation Homebuyer Program의 대상: 생애 첫 주택 구매자 및 주택을 주 거주지로 사용할 주택 구매자. 여기서 "생애 첫"에는 예외가 있습니다: First-time homebuyer requirement waived in federally designated targeted census tracts. First-generation requirement (parents have not owned in past 3 years, or borrower aged out of foster care) is the program-defining criterion - this is on top of, not in lieu of, the first-time-homebuyer requirement. 신용에 대해 프로그램은 다음과 같이 명시합니다: 640 minimum FICO across all eligible first-mortgage products. 주택 구매자 교육 이수가 필요하며, VHFA-approved homebuyer education provider (eHome America online or in-person classes via Champlain Housing Trust, NWWVT, NeighborWorks Northwestern Vermont, Downstreet Housing, RuralEdge, etc.) required prior to closing.을(를) 통해 받습니다. 거주 요건: Property must be located in Vermont and be the borrower's primary residence. Statewide eligibility. 시민권 또는 이민 신분: U.S. citizen, permanent resident, or qualifying non-permanent resident alien per first-mortgage product overlays. FIRST-GENERATION HOMEBUYER REQUIREMENT: Borrower (and any co-borrower) must qualify as a first-generation homebuyer, defined under VHFA program rules as (a) borrower's parents have NOT owned a home within the past 3 years (Vermont's definition is parents-only with a 3-year lookback - narrower than some other states' definitions which include grandparents and longer lookbacks), OR (b) borrower aged out of the foster care system. At least one borrower must meet the definition. First-time homebuyer required (no ownership of a primary residence in the past 3 years; waived in federally targeted areas). Owner-occupied primary residence. 640 minimum FICO. Maximum 45% DTI. Income at or below VHFA First Generation income limits (higher than baseline ASSIST limits - up to approximately $180,000 in higher-cost counties for larger households). Maximum purchase price up to $550,000 in higher-cost / targeted counties. VHFA-approved homebuyer education required. Pairs with VHFA MOVE / ADVANTAGE first mortgage + ASSIST DPA second.

First Generation Homebuyer Program은(는) 가구 소득을 $180,000(으)로 제한합니다. 한도는 차입자 본인의 소득만이 아니라 가구 전체 소득에 적용됩니다. 지역 중위 소득 수치는 HUD가 발표하고 매년 갱신하므로, 수치를 믿고 판단하기 전에 해당 카운티의 최신 표를 확인하세요.

First Generation Homebuyer Program은(는) 구매 가격 상한을 $550,000(으)로 정합니다. 대상 주택 유형: Single-family detached, 2-4 unit owner-occupied (per first-mortgage overlays), condominium (project-approved), townhouse, PUD, modular, and manufactured home on permanent foundation (titled as real property 및 per first-mortgage overlays). 신축 주택도 대상입니다. 조립식 주택도 대상입니다.

First Generation Homebuyer Program은(는) 지원 대상 그룹으로 재향군인, 현역 군인, 예비군 및 주방위군 대원, 유족 배우자 및 가족 중 첫 주택 구매자을(를) 명시합니다. 여기에 이름이 나온다는 것은 프로그램이 해당 그룹을 언급한다는 뜻이며, 그 그룹에 속한다는 것만으로 신청자가 자격을 갖춘다는 뜻은 아닙니다 — 나머지 자격 요건도 그대로 적용됩니다.

First Generation Homebuyer Program은(는) Statewide, Vermont에서 주택을 구매하는 주택 구매자를 지원합니다. 이 프로그램은 특정 지역을 대상으로 합니다: Federally designated targeted census tracts (per IRS Section 143) where MRB first-time-homebuyer requirement is waived and higher income / acquisition-cost limits apply. Higher-cost county tier (Chittenden and others) has elevated income limits up to ~$180,000 for First Gen.

First Generation Homebuyer Program 신청은 운영 기관을(를) 통해 진행되며, 해당 기관이 자체 사이트에 최신 조건과 신청 절차를 게시합니다. 자금 예약: Reserved through VHFA's online lender portal at time of rate lock by approved participating lender. Borrower must complete VHFA First Generation Homebuyer Eligibility Affidavit at application. Hey Prescott는 대출 기관이 아니며 신청서를 받지 않습니다. 이 페이지는 주택 구매자가 대출 기관이나 주택 상담사에게 가져갈 수 있도록 프로그램을 설명합니다.