New Hampshire 1st Generation Homebuyer (1stGenHomeNH)

How is New Hampshire 1st Generation Homebuyer (1stGenHomeNH) paid back?

Deferred loan: 0% second mortgage with no payments for up to 30 years. You repay all of it if you pay off or refinance your main home loan, sell or give the home to someone else, file for bankruptcy or move out.

A deferred loan costs nothing each month, but the whole amount is due when you sell, refinance or pay off the first mortgage.

Who qualifies for New Hampshire 1st Generation Homebuyer (1stGenHomeNH)?

• Only for first-generation homebuyers.
• Same as the New Hampshire Housing main home loan you use; at most $184,500.
• You don't have to be a first-time buyer.

The exact income limit for your county and household size is on the agency's income chart. Our HUD income limits lookup shows your area's median income.

How to apply for New Hampshire 1st Generation Homebuyer (1stGenHomeNH)

1. New Hampshire Housing 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 New Hampshire Housing's page for 1st Generation Homebuyer (1stGenHomeNH).

Other first-time buyer programs in New Hampshire

• New Hampshire Cash Assistance Program: up to $15,000, deferred loan.

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