As a first time home buyer in NH, you might be able to qualify for help! There are grants, loans and other programs you might be able to use if you’re buying a home for the first time.
Get more help buying a house with low income here!
We found grants if you’re a first time home buyer in NH.
The Housing Finance Authority in New Hampshire offers a grant if you’re a first time home buyer in NH. The grant can provide you with up to 3% that you can use toward your down payment. You will need to meet the income and the residency requirements to get approved for this grant through New Hampshire.
The USDA 100% financing mortgage could help you with your home purchase. The loan helps by providing you with full financing. This means you likely won’t have to pay anything out of pocket for your down payment or your closing costs. You might have to pay a small amount for other fees associated with the purchase. The USDA doesn’t always have funding available and you will need to live in a rural area in addition to meeting all the USDA guidelines for help. You can check whether you’re in a USDA rural area on their website.
Get home loan help in New Hampshire.
The USDA offers a guaranteed mortgage to people who qualify. If you’re a first time home buyer in NH, this might be a good option for purchasing your home. The loan comes with lower than average interest rates and a lower down payment requirement. You will need to meet the income guidelines, live in an area deemed rural by the USDA and meet other requirements to get this loan.
The Habitat for Humanity might be able to help you with your home purchase. If you are in desperate need of a home or you need a safer home, you might be able to get help through Habitat. The Habitat for Humanity requires potential homeowners to put sweat equity into building their home. Everything is done under the supervision of a general contractor.
The Housing Finance Authority offers home loans for people who want to purchase and rehab a home. It is part of their initiative and might allow you to get up to $35,000 to rehabilitate an old home in New Hampshire. If you qualify for this and other assistance from NHHFA, you can use both.
The Neighborworks program in New Hampshire might help you be better prepared for home purchase. If you’re a first time home buyer in NH, you can use the program to learn more about qualifying for a home, purchasing the home and being a homeowner.
You could get help as a military home buyer.
Are you in the military? Do you qualify for benefits through the VA? You might be able to qualify for a home loan with less stringent requirements! The VA backs some home loans and might be able to help you find a lender who can provide you with a mortgage that has great rates. You’ll still need to meet some requirements and meet their qualifications to get help.
Some NH counties help first time home buyers.
Even if you get help as a first time home buyer in NH through the state, you might qualify for even more help! Some New Hampshire counties might be able to help you with things like your down payment and closing costs.
Cheshire County
If you’re in Keene, you might be able to get help as a first time home buyer in NH. You will need to meet the community development requirements to get assistance. The city provides down payment assistance and closing cost assistance to people who qualify. You might also be able to find a home that’s eligible for a lower purchase price through the community development program.
Coos County
The Berlin Housing Authority offers the home buyer choice voucher for people who qualify. Using the voucher, you might be able to purchase a home instead of having to rent one. This voucher is reserved for people who are very low income and people who want to make sure they can purchase a home instead of being stuck with a low-income rental.
Hillsborough County
If you’re in Manchester, you might be able to get help with a down payment or your closing costs. As a first time home buyer in NH, you could get help purchasing a home in the state’s biggest city. You will need to qualify for assistance through the city by meeting their income and other qualifications.
The Nashua Community Development department might be able to help you if you want to purchase a home in Nashua. You could get help with housing counseling, down payment assistance and affordable homes for sale. The department has qualifications you’ll have to meet if you want help.
Merrimack County
The Concord Housing and Redevelopment Authority might be able to help if you’re a first time home buyer in NH. You will need to meet their requirements to get assistance with down payment and closing costs. The authority might also be able to help you with housing counseling options as well as options for preparing you for homeownership.
Rockingham County
If you’re in Derry, you might be able to qualify for housing assistance and housing counseling resources. You could qualify for help through the city to make sure you are prepared for purchasing a home and you’re able to get all the home options you need.
Strafford County
Are you in Dover? You might be able to purchase a home using the community development loan for your down payment. This program could help if you’re a first time home buyer in NH and you need help purchasing the home. There are programs available that might make it easier for you to purchase a home and that could help you save money when you’re dealing with homeownership opportunities.
Sullivan County
The Claremont Housing Authority has assistance programs that might make it easier for you to purchase a home. You could learn more about homeownership, get help with closing costs and more. You might also be able to qualify for help if you’re a first time home buyer in NH and you need help finding a house.
