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NIFA Homebuyer Assistance Program (HBA)

Nebraska Investment Finance Authority offers Homebuyer Assistance Program (HBA) to first-time buyers in Nebraska: up to 5% of the price, as a repayable loan.

Amount
Up to 5% of the price
Kind of help
Repayable loan
First-time buyers only
Yes
Credit score
640 or higher

Repayable loan: 1% interest second mortgage repaid over 10 years (120 months).

A repayable loan is a small second mortgage you pay off each month, usually in the same payment as your main home loan.

Who qualifies for NIFA Homebuyer Assistance Program (HBA)?

  • Income limits depend on your household size and county.
  • Only for first-time buyers (usually no home owned in the past three years).
  • A credit score of 640 or higher.
  • A homebuyer education course before you buy.
  • It comes with a NIFA First Home Loan (Conventional, FHA, USDA Rural Development or VA).

Most limits follow your county and household size. Our HUD income limits lookup shows your area's median income and where your household sits.

How to apply for NIFA Homebuyer Assistance Program (HBA)

  1. Nebraska Investment Finance Authority pays this help out through its approved lenders, so you apply with one of them, together with your home loan.
  2. The lender checks your income, credit and the home against the program's rules and reserves the money for you.
  3. The help is paid at closing, toward your down payment and closing costs.

Read the full rules and whether it is taking applications on Nebraska Investment Finance Authority's page for Homebuyer Assistance Program (HBA), or pick a lender from the agency's list of participating lenders.

Ask a lender about NIFA Homebuyer Assistance Program (HBA)

Tell us where you're buying and a lender that works with Nebraska's programs can tell you whether NIFA Homebuyer Assistance Program (HBA) fits you, and what you could combine with it.

Call 866-602-7460

Rather not call? Send your details and the lender will reach you.

When you send this request, you agree that one mortgage lender who works with these programs may contact you by email, phone or text, including by automated means, about this request. Agreeing is not a condition of any purchase. We are an independent guide, not a lender or a government agency; only that one lender gets your details, and it may pay us for the introduction. See our about page and privacy notice.

Other first-time buyer programs in Nebraska

All Nebraska first-time home buyer programs · Down payment assistance in every state