Do You Have to Be a First‑Time Buyer to Use Vermont’s VHFA Programs?

Many clients assume that Vermont Housing Finance Agency programs are only for buyers who have never owned a home. In reality, VHFA offers options for both true first‑time buyers and some repeat buyers who meet specific criteria, which can open doors for more people in our market.​

In most cases, a “first‑time homebuyer” under VHFA guidelines means you have not owned a principal residence in the last three years. That means if you owned a home in the past but have been renting for several years, you might still qualify as a first‑time buyer for certain programs. There are also targeted area exceptions and products designed for specific professions or income ranges, so it is important not to rule yourself out before speaking with a knowledgeable lender.​

The Tamithy Howrigan Real Estate team frequently works with buyers in St. Albans and across Northwestern Vermont who are exploring VHFA options. We help you identify whether your recent housing history and current goals line up with available programs, then connect you with local lenders who work with VHFA every day. Together, your lender and our team will clarify what you qualify for, how much assistance you may receive, and what that means for your home search and price range.​

If you are unsure whether you count as a “first‑time buyer” under Vermont rules, reach out. Our team will review your situation, coordinate with trusted VHFA‑approved lenders, and guide you toward the best path to homeownership in the Vermont market.​