Bootcamp For Buyers

First Time Homebuyer Programs in New Hampshire

New Hampshire offers several programs through New Hampshire Housing to assist first-time homebuyers. These initiatives provide down payment assistance, competitive mortgage rates, and resources tailored for new buyers.

Home Flex Plus Program

The Home Flex Plus Program offers affordable mortgages with down payment assistance for eligible buyers.

  • Provides 30-year fixed-rate loans with competitive interest rates.
  • Offers up to 4% of the loan amount for down payment and closing costs.
  • Assistance is structured as a forgivable loan after four years of homeownership.

Home Preferred Program

The Home Preferred Program is designed for low- to moderate-income buyers seeking conventional loans.

  • Features reduced private mortgage insurance (PMI) costs.
  • Available statewide through approved lenders.
  • Income and purchase price limits apply based on location and household size.

Mortgage Credit Certificate (MCC) Program

The MCC Program provides tax savings for first-time buyers.

  • Offers a federal tax credit of up to $2,000 annually.
  • Can be combined with other New Hampshire Housing programs.
  • Eligibility includes income and purchase price limits.

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