I just received an important message from VHFA (Vermont Housing Finance Agency) and wanted to pass the information on to you.
 
-Nancy
 
 
As part of the Tax Relief and Health Care Act of 2006, VHFA IS NOWABLE TO OFFER AN EXCEPTION TO THE FIRST-TIME BUYER REQUIREMENT TO VETERANS.
 
This exception is available for a limited time only.
 
The five counties that Borrowers are required to be a first-time buyer or not have owned a home in the past three years are: Addison, Bennington, Chittenden (Census tract 4 is exempt) Grand Isle and Windsor.
 
To be eligible, the Borrower must meet the veteran status as defined in 38 United States Code, Section 101. The Borrower must have served in the military, naval or air service and been discharged or released under conditions other than dishonorable or re-enlisted.
 
For more information contact a VHFA Participating Lender. You will find a list of VHFA Participating Lenders on our web site at www.vhfa.org under the "Homebuyers/owners" button.