First Time Home Buyer Loans in NH
First Time Home Buyer Programs in NH
There are many different loan programs that are designed to meet the needs of a first-time homebuyer in New Hampshire. Some of the most popular first-time homebuyer loans utilize government mortgage programs such as:
- FHA Loans - 3.5% down payment, 30-year fixed mortgage.
- VA Loans - $0 down. Must meet VA eligibility requirements.
- USDA Rural Developments Loans - $0 down. Must purchase in an approved Rural Development area and be below the maximum income limits.
- New Hampshire Housing Finance Authority (NHHFA) grant programs and other programs that assist with down payments.
- Rehab loans – Provide you with 96.5% of the money to buy the home and provide you with 96.5% of the money to fix it up. Great for buying a bank-owned home or other fixer-upper properties. (That’s only 3.5% of your own money).
The process of buying your first home starts with a pre-qualification. This is where we help you determine the following:
- What price range you qualify for.
- Which mortgage programs best meet your needs.
- How much cash you need.
- What the monthly payment will be.
Watch our fast-paced, 10-minute First Time Homebuyer Class now!
10 Easy Steps to Buying a Home in New Hampshire
What’s the best way to go about buying a home? What documents will you need for a mortgage? Download my free checklist for all the answers and keep this two-page document handy throughout the process, from shopping for a home to move-in.
If you want to know which First-Time Home Buyer program best fits your circumstances, contact Charley at (603) 471-9300 or send an email below to ask a question, or if you're ready to proceed click on either of the links below to get started. Your information will be kept completely private.
NOTE: Be sure to have a PDF or picture of the following items in hand to upload as you fill out the application:
- Your two most recent tax returns (1040s, schedules, and W-2s)
- Your two most recent pay stubs (if you receive them)
To begin your application, be sure to have a PDF or picture of the following items in hand:
- Your two most recent tax returns (1040s, schedules, and W-2s)
- Your two most recent pay stubs (if you receive them)