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You don’t should go it alone when shopping for a house for the primary time. The New Hampshire Housing Finance Authority, or New Hampshire Housing, presents particular packages to assist make shopping for a house extra reasonably priced within the Granite State.
If a kind of isn’t a match, a nationally accessible mortgage program may get you within the door. A wide range of nationwide choices function low down fee or low credit score rating necessities, making them good decisions for a lot of first-time residence patrons.
Try these nationwide and state mortgage packages as you start your homebuying journey.
Nationwide first-time residence purchaser packages
These nationally accessible mortgage packages supply low-down-payment or low-credit-score choices.
New Hampshire Housing highlights and eligibility necessities
The New Hampshire Housing Finance Authority presents a wide range of packages to repeat and first-time residence patrons to assist them turn into profitable householders. Discover these New Hampshire Housing packages to see if considered one of them may meet your wants.
» MORE: Suggestions for first-time residence patrons
Down fee and shutting price help accessible.
Condominiums and as much as four-unit properties are allowed.
Earnings should be at or beneath $128,900.
Should be creditworthy.
Should full a house purchaser schooling class for some packages.
Should full on-line buy rehab coaching program for Buy Rehab mortgage.
New Hampshire first-time residence purchaser packages
Abstract: 2019 New Hampshire first-time residence purchaser packages
House Flex Plus mortgage with down fee and shutting price help.
House Most popular Plus mortgage with down fee and shutting price help in addition to discounted mortgage insurance coverage.
House Most popular No MI with low down fee and no mortgage insurance coverage requirement.
Buy Rehab mortgage with low down fee and shutting price help.
House Begin Homebuyer Tax Credit score for an annual portion of mortgage curiosity.
House Most popular Manufactured Resident-Owned Communities mortgage with low down fee necessities and low-priced mortgage insurance coverage.
You’ll be able to be taught extra concerning the mortgage course of by assembly with a homebuying counselor and attending a seminar or taking an internet course. Particulars can be found on the New Hampshire Housing web site.
When you’re acquainted with the mortgage packages accessible — and earlier than you begin looking for properties — contact one of many company’s taking part lenders to get prequalified for a mortgage.
» MORE: See one of the best mortgage lenders for first-time residence patrons
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