Vermont Business Magazine Ledyard National Bank, with a branch in Vermont, has been selected to participate in the Federal Home Loan Bank of Boston's Equity Builder Program, which assists local home buyers with down-payment and closing costs as well as home buyer counseling and rehabilitation assistance.
The program provides grants to financial institutions to assist households at or below 80 percent of the area median income. Borrowers are eligible to receive up to $29,000 in assistance on a first-come, first-serve basis. Buyers must also complete a home buyer counseling program.
"We are pleased to be able to offer this assistance to help ease some of the challenges associated with a home purchase. Homeownership is key to building wealth and creating financial stability, and programs that assist home buyers are a critical component in ensuring that our communities continue to thrive," said Mike Urnezis, Senior Vice President, Consumer Lending and Mortgage Lending Officer at Ledyard National Bank.
Ledyard National Bank is eligible to receive up to $350,000 in 2023 through the Equity Builder Program depending on availability of funds.
To learn more about applying for assistance, please contact [email protected] or call us toll-free at 888.746.4562.
Ledyard Financial Group, Inc., headquartered in Hanover, New Hampshire, is the holding company for Ledyard National Bank. Ledyard National Bank, founded in 1991, is a full-service community bank offering a broad range of banking, investment, tax and wealth management services. Ledyard Financial Group, Inc. shares can be bought and sold through the NASD sanctioned “OTC Markets” under the trading symbol LFGP. Shares may be traded through an individual’s broker. For more information, please refer to the “Investor Relations” section of the bank’s website at www.ledyard.bank or contact the bank’s Chief Financial Officer, Peter Sprudzs.
2.14.2023. Hanover, NH - Ledyard National Bank
