Eligibility: First-time or repeat buyers statewide.
Benefits: Up to $15,000 deferred, 0% interest second mortgage for down payment/closing; forgiven after five years if primary residence retained.
Description: Conventional 30-year mortgage with up to 4% non-repayable grant for down payment/closing; insurance discount for incomes ≤ 80% AMI.
Description: Bundles home purchase and up to $35,000 in eligible repair/rehab costs into one mortgage.
Manchester Homebuyer Assistance: Up to $15,000 deferred loan (0% interest, due on sale/refinance); income ≤ 80% AMI (~$77,350 for family of four).
Nashua DPA: Up to $12,000 forgivable over 10 years; income ≤ 80% AMI; in revitalization zones.
Concord First-Time Homebuyer Program: Up to $10,000 deferred loan; income ≤ 80% AMI.
New Hampshire Housing Finance Authority (NHHFA) Programs:
Home Flex (including Home Flex Plus):
Offerings: 30-year fixed mortgage (FHA, VA, USDA, conventional) plus up to 4% assistance as a silent second mortgage, forgiven after 4 years.
Requirements:
Cash Assistance (Home First, Flex, Preferred):
Extra Support: First-generation buyers receive an additional $10,000.
Requirements: Must use an NHHFA mortgage; homebuyer education required.
Home Preferred Plus:
Requirements: Income ≤ $176,200; credit score ≥ 640.
Purchase Rehab Mortgage:
Requirements: Must use Home Flex Plus and meet rehab guidelines.
Local Programs:
Manchester
Nashua
Concord
Additional Information:
View First‑Time Home Buyer Programs for: Nevada
View First‑Time Home Buyer Programs for: New Jersey