NHHFA Offers Home Loans To NH 1st Home Purchasers

Two Loan Programs For 1st Time Buyers In NH

Looking to purchase your 1st residence in New Hampshire but find yourself at a loss as to where to turn for a mortgage loan? Look no further. First time home buyer loans in New Hampshire are provided by the New Hampshire Housing Finance Authority (NHHFA). Not only do they provide below-market rates on your mortgage loan, they also provide other effective programs for 1st time home buyers.


New Hampshire First Time Home Buyer Loans
New Hampshire First Time Home Buyer Loans

Here are some details on NHHFA’s loan program:

Home Preferred

Designed to help individuals and families achieve the dream of homeownership.

With the Home Preferred program, unlike other low or no mortgage insurance products, there is no upfront mortgage insurance premium. Both Home Preferred options may offer lower monthly payments when compared to other conventional loans or government-insured programs such as FHA, VA or USDA/Rural Development.

Home Preferred features:

  • Low or no mortgage insurance options;
  • Low monthly payments;
  • Up to 97% financing;
  • Limited cash out refinancing option; and
  • No rate adjustments for credit or other overlays such as property type.


Both of these programs are ideal for borrowers who are seeking the lowest monthly payment possible and who have limited funds for downpayment and closing costs.



 Home Preferred Conventional financing option with a discounted private mortgage insurance rate exclusively available through New Hampshire Housing.
 Home Preferred No MI Conventional financing with no mortgage insurance required.

To qualify for Home Preferred and Home Preferred No MI, borrowers must be creditworthy, meet certain income limits and complete homebuyer education.

For complete details on this loan, including contact information and instructions on how to apply, please visit this NHHFA loan information page.

More New Hampshire First Time Buyer Resources

In addition to the above first time homebuyer loan from NHHFA, there are resources available as well. Be sure to visit New Hampshire down payment assistance, as well as our page that shares details about grants available in NH to purchase your first home.