First Time Homebuyer Programs in New Hampshire
Page 2The authority has established quite a number of programs in an attempt to assist low and moderate-income persons and families in the process of obtaining decent, safe and affordable housing. Among all of these programs, some of the most notable are the following:
a) Single Family Mortgage Program - This program is specially intended for first time homebuyers who are seeking for below-market interest rate loans that are payable for a maximum of 30 years. The program can also be used in conjunction with downpayment assistance programs which are also offered by the authority.
b) Cash Assistance Program - This program is designed to help borrowers secure downpayment and closing costs by allowing them to loan money on top of their primary housing loan.
c) New Production Initiative Program - This initiative is intended to enable developers to build affordable housing that complies with targeting requirements such as those which may be placed on projects by municipalities, thereby helping buyers access newly constructed affordable housing.
First Time Homebuyer Programs in New Hampshire
Back to Page 1
About The Author
The TopGovernmentGrants Editorial Staff maintains one the most comprehensive Websites offering information on government grants and federal government programs.
The staff also provides resources to other Websites with information on
education grant money and civic engagement grants.
|
Additional Resources
category - Home Buying Programs
California Homebuyer's Downpayment Assistance Program for First Time Home BuyersThe California Homebuyer's Downpayment Assistance Program is a deferred payment junior loan that can be used in conjunction with other CalHFA housing programs. It provides borrowers with funds amounting to 3% of the actual value of the property that they wish to inquire in order to cover the downpayment costs.
First Time Homebuyer Programs in New YorkThe State of New York cares so much about its people. It looks out for them and constantly ascertains that their best interest is always protected. One of the ways in which the state has manifested this concern is through the establishment of the State of New York Mortgage Agency, more commonly referred to as SONYMA, which is a public authority established in 1970 designed to provide reasonable and affordable home-ownership opportunities to low and moderate income New Yorkers, especially to first time home buyers.
Construction Incentive Program for First Time Home Buyers in New YorkThe State of New York cares so much about its people. It looks out for them and constantly ascertains that their best interest is always protected. One of the ways in which the state has manifested this concern is through the establishment of the State of New York Mortgage Agency, more commonly referred to as SONYMA, which is a public authority established in 1970 designed to provide reasonable and affordable home-ownership opportunities to low and moderate income New Yorkers, especially to first time home buyers.
Achieving the Dream Program for First Time Home Buyers in New YorkOne of the programs of the State of New York Mortgage Agency, is the Achieving the Dream Program wherein it seeks to provide eligible low income first time home buyers with really low down payment mortgage financing programs.