Does New Hampshire housing offer down payment assistance?

Notably, this program can be combined with the Home Flex Plus down payment assistance. New Hampshire Housing provides $10,000 in down payment assistance for first-generation homebuyers. The funds come in the form of a second mortgage, which is forgivable after five years – unless you sell, refinance or file for bankruptcy.

What loan programs are available in New Hampshire?

Many of New Hampshire’s loan programs include down payment and closing cost assistance as well. The New Hampshire Housing Finance Authority (also known as New Hampshire Housing) offers several mortgage programs, including Home Flex Plus, which comes with an FHA, VA or USDA loan and down payment and closing cost assistance.

Are you familiar with a low-down payment or Down Payment Assistance Program?

In addition, only 23 percent of consumers were even somewhat familiar with low–down payment or down payment assistance programs. One of the biggest challenges for homebuyers is coming up with the funds to cover the down payment requirements and/or closing costs associated with a mortgage loan.