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By Tyler Thompson · Licensed Real Estate Agent · Updated May 7, 2026

Homebuyer Programs in Bellevue, NE (2026)

Population: 64,510 | Median home price: $290,000 | Est. closing costs: $6,000 - $8,500

Skyline of Bellevue, NE

Bellevue is Nebraska's third-largest city, located in Sarpy County just south of Omaha and home to Offutt Air Force Base. With a median home price around $290,000 — comparable to Omaha — Bellevue blends suburban affordability with strong demand from military families and Omaha-metro commuters. Bellevue buyers benefit from a full slate of state programs: the Nebraska Investment Finance Authority (NIFA) Homebuyer Assistance Program offers up to 5% of the purchase price (capped at $10,000) as a 1% second mortgage, and the FHLBank Topeka Homeownership Set-aside Program (HSP) provides up to $15,000 as a forgivable grant for buyers at or below 80% AMI. Locally, Habitat for Humanity of Sarpy County is bringing 30 affordable single-family homes to Papillion's Tallgrass Community for first-time buyers, and Habitat for Humanity of Omaha (which serves Sarpy County) offers 30-year affordable mortgages with sweat equity. Active-duty military buyers based at Offutt AFB can layer NIFA assistance with VA loans for zero-down purchases. Combined, Bellevue's available programs can stack $25,000 or more toward a down payment and closing costs for qualified buyers.

State Programs in Nebraska

FHLBank Topeka Homeownership Set-aside Program (HSP)
Type:
Forgivable Loan
Amount:
Up to $15,000
First-time only:
Yes
NIFA First Home Program
Type:
Government-Insured Mortgage
Amount:
30-year fixed-rate first mortgage at competitive below-market rates
First-time only:
Yes
NIFA First Home Targeted Program
Type:
Government-Insured Mortgage
Amount:
30-year fixed-rate first mortgage at competitive below-market rates
First-time only:
No
NIFA Homebuyer Assistance Program (HBA)
Type:
Repayable Loan
Amount:
Up to 5% of purchase price (capped at $10,000)
First-time only:
Yes
NIFA Welcome Home Program
Type:
Government-Insured Mortgage
Amount:
30-year fixed-rate first mortgage at competitive below-market rates
First-time only:
No

Federal Programs

FHA Loans
Type:
Government-Insured Mortgage
Amount:
Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)
First-time only:
No
FHLBA Community Partners Product
Type:
Forgivable Loan
Amount:
Up to $20,000 in home purchase assistance for down payment and closing costs
First-time only:
No
FHLBA First Time Homebuyer Product
Type:
Forgivable Loan
Amount:
Up to $17,500 in home purchase assistance for down payment and closing costs
First-time only:
Yes
FHLBA Workforce Housing Plus+
Type:
Forgivable Loan
Amount:
Up to $15,000 in home purchase assistance for down payment and closing costs
First-time only:
No
Good Neighbor Next Door (HUD)
Type:
Government Property Sale Program
Amount:
50% discount off the list price of HUD-owned homes
First-time only:
Yes
Home Possible Mortgage (Freddie Mac)
Type:
Government-Guaranteed Mortgage
Amount:
Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:
No
HomeReady Mortgage (Fannie Mae)
Type:
Government-Guaranteed Mortgage
Amount:
Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:
No
HUD $100 Down Program
Type:
FHA-Financed HUD REO Purchase
Amount:
Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.
First-time only:
No
USDA Rural Development Loans
Type:
Government-Guaranteed Mortgage
Amount:
100% financing (no down payment required); loan amount up to appraised value
First-time only:
No
VA Loans
Type:
Government-Guaranteed Mortgage
Amount:
No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)
First-time only:
No

Nonprofit Programs

Habitat for Humanity of Omaha Home Journey Program
Type:
Government-Insured Mortgage
Amount:
Affordable home with 30-year mortgage; may include down payment assistance
First-time only:
No
Habitat for Humanity of Sarpy County Homeownership Program
Type:
Government-Insured Mortgage
Amount:
Affordable home with 0% interest mortgage; may include down payment assistance
First-time only:
Yes

How to Apply

Step 1:

Check your eligibility. NIFA's statewide household income limit is $175,500 (effective 7/7/2025) and most local Sarpy County programs target buyers at or below 80% of Area Median Income. Active-duty military buyers based at Offutt AFB can qualify for VA loans with no down payment and no PMI, often combined with NIFA assistance.

Step 2:

Complete approved homebuyer education. Habitat for Humanity of Sarpy County and Habitat for Humanity of Omaha both offer mortgage-readiness education for their applicants. NIFA-required homebuyer education is also available through eHomeAmerica online or through Family Housing Advisory Services in Omaha at 402-934-6741.

Step 3:

Contact a local housing partner. For new-construction affordable homes, contact Habitat for Humanity of Sarpy County about the Tallgrass Community in Papillion. For broader Omaha-metro Habitat options, contact Habitat for Humanity of Omaha at 402-257-5657. For rental and supportive housing assistance, contact the Housing Foundation for Sarpy County at 402-734-5448.

Step 4:

Get pre-approved through a NIFA participating lender. NIFA loans must be originated by approved lenders. VA-eligible military buyers should ensure their lender can layer NIFA second-mortgage assistance with a VA first mortgage.

Step 5:

Find a home within program limits. NIFA's one-unit purchase price limit is $485,500. The Sarpy County average sale price is approaching $350,000, which leaves room within NIFA limits for most buyers. Habitat homes in the Tallgrass Community are priced well below market for qualifying families.

Step 6:

Submit your application. Plan for 30-60 days from contract to close. Buyers must contribute a minimum of $1,000 of their own money to most NIFA programs. Coordinate with your lender to layer first mortgage, NIFA second, and FHLBank HSP if available through that institution.

Step 7:

Close on your home and maintain occupancy. FHLBank HSP requires 5 years of primary-residence occupancy for full forgiveness. NIFA HBA second mortgage is repayable over 10 years at 1% interest. Habitat homes carry their own occupancy and resale terms.

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