Bootcamp For Buyers

First Time Homebuyer Programs in Nebraska

Nebraska offers several programs through the Nebraska Investment Finance Authority (NIFA) to support first-time homebuyers. These programs provide down payment assistance, affordable mortgage options, and resources tailored for new buyers.

First Home Program

The First Home Program provides low-interest mortgages for eligible first-time buyers.

  • Offers 30-year fixed-rate loans with competitive rates.
  • Income and purchase price limits apply based on household size and location.
  • Available for FHA, VA, USDA, and conventional loans.

Homebuyer Assistance (HBA) Program

The HBA Program offers financial support for down payments and closing costs.

  • Provides a second mortgage loan of up to 5% of the home’s purchase price.
  • Features a 10-year term with low monthly payments.
  • Must be paired with a NIFA first mortgage loan.

Military Home Program

The Military Home Program is designed for active-duty military personnel and veterans.

  • Offers reduced interest rates on 30-year fixed-rate mortgages.
  • Can be combined with the HBA Program for added assistance.
  • Eligibility includes current or former military service members.

Nebraska’s first-time homebuyer programs are designed to make homeownership more accessible and affordable. Explore these opportunities to find the perfect fit for your needs and take the first step toward owning your dream home in the Cornhusker State.