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
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category - Home Buying Programs
Connecticut Housing Finance Agency Mortgage Programs for Military, Police and Teachers The Connecticut Housing Finance Agency has established the Mortgage Programs for Military, Police and Teachers so as to provide reasonable housing opportunities to veterans and active duty service members of the United States Military, the National Guard, along with teachers and police officers who are assigned in under-served areas.
Homebuyer Mortgage Program for First Time Homebuyers in ConnecticutThe Connecticut Housing Finance Authority has been administering the Homebuyer Mortgage Program for First Time Homebuyers. The program is capable of offering home loans and below-market interest rates to first time homebuyers who reside in Connecticut and who are planning to acquire a property that is located in Connecticut.
Department of Housing and Urban Development's Dollar Homes ProgramThe Dollar Homes Program revolves around the process of selling single family homes for a superbly reasonable price of $1 (plus closing cost) to low-to-moderate income families, granted that these houses have been acquired through foreclosure by the Federal Housing Administration, and have already been actively marketed for at least six months and still remained unsold after that certain period of time.
Downpayment Assistance Program for the First Time Home Buyers in North Carolina The programs and activities of the North Carolina Housing Finance Agency are constantly geared towards the satisfaction of the best interest of its target population, which is why all their endeavors are carefully guided by their overall agency mission which is "to create affordable housing opportunities for North Carolinians whose needs are not met by the market."