Mortgage applications are designed for serious Borrowers to be completed with the aid of a loan officer or real estate professional. This program was designed to make it easy to apply for a home loan.
>>Click Here
New Hampshire Housing Finance Authority (NHHFA) is a non-profit public benefit corporation established by the state legislature. The Authority operates a broad range of programs designed to assist low and moderate income persons and families to obtain decent, safe and affordable housing.
New Hampshire Housing offers several programs for not only first time home buyers, but to existing home owners as well.
Single Family Programs
Cash Assistance Program
This easy option to our Single Family Mortgage Program provides a cash assistance grant equal to a maximum of 4% of the loan amount to help borrowers defray the cost of down payment, closing costs, and prepaid escrow expenses associated with purchasing a home. Borrowers must contribute a minimum of 1% (based on purchase price) using their own funds (excluding gifts). No cash back is allowed at closing. Income, purchase price and all other guidelines follow the Single Family Mortgage Program. There is no monthly payment on the cash assistance grant portion.
Purchase/Rehab Loan Program
The Authority also offers a Purchase/Rehab Program that helps new home buyers purchase a home in need of repairs. This program can provide up to $40,000 to make improvements to enhance the livability of the buyer’s new home. Purchase/Rehab may only be used in conjunction with a mortgage loan from New Hampshire Housing’s Single Family Mortgage Program.
American Dream Program
The American Dream Program is a collaboration between New Hampshire Housing and the U. S. Department of Housing and Urban Development to provide up to 6% of a home’s sales price or $10,000 (whichever is higher) in financial assistance for down payment and closing costs to low income first-time home buyers.
Home Access Program
The HomeAccess Program helps low and moderate-income borrowers to acquire a home and/or make it accessible for a permanently disabled household member. At least one full time resident of the household must be permanently disabled to qualify for the program.