NEFCU’s HOME Program
A choice of a 5/1, 5/5, 7/1, or 10/1 Adjustable Rate Mortgage priced below our fixed rate with flexible underwriting guidelines and reduced monthly mortgage insurance. Servicing of the loan will stay with NEFCU after closing.
Vermont Housing Finance Agency (VHFA)
Vermont Housing Finance Agency offers a competitively-priced, fixed-rate mortgage program with reduced closing costs. Income and purchase price limits apply. Servicing of the loan will be transferred to a U.S. Bank after closing.
Rural Development (RD)
A type of mortgage that can be partnered with a VHFA loan to finance 100% of the purchase price with lower monthly mortgage insurance. Servicing of the loan will be transferred to a U.S. Bank.
NEFCU Financial Education Podcast Series