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

Homebuyer Programs in Papillion, NE (2026)

Population: 25,244 | Median home price: $415,000 | Est. closing costs: $8,500 - $12,500

Skyline of Papillion, NE

Papillion is the Sarpy County seat and one of the fastest-growing suburbs in the Omaha metro, home to roughly 25,000 residents and a strong commuter base of teachers, nurses, Offutt Air Force Base personnel, and Omaha-area professionals. Median Papillion sale prices have run between $353,000 and $415,000 over the last year per Redfin and Movoto, well above most other Nebraska cities, which makes down payment assistance especially valuable here. First-time buyers can stack state programs from the Nebraska Investment Finance Authority — including the NIFA Homebuyer Assistance (HBA) program for up to $10,000 and the FHLBank Topeka Homeownership Set-Aside Program for up to $15,000 in forgivable funds — with two strong local options: Habitat for Humanity of Omaha, which is currently building 30 affordable row homes in the Tallgrass Community in Papillion targeted at households at or below 60% of area median income, and Habitat for Humanity of Sarpy County, which provides additional homeownership opportunities across the county.

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 programs require first-time buyer status (no home ownership in the past 3 years), with exceptions for qualified veterans and buyers in NIFA Targeted areas. Habitat of Omaha targets households at 30% to 80% of Omaha-area median income, with the Tallgrass row homes specifically targeted at 60% AMI and below.

Step 2:

Complete a HUD-approved homebuyer education course. NIFA accepts courses delivered by approved Nebraska providers, and Habitat of Omaha includes mortgage and homeownership education as part of its Home Journey Program.

Step 3:

Get pre-approved for a NIFA-participating mortgage. NIFA programs are originated through participating lenders across Nebraska. Confirm that your lender is NIFA-approved before locking your rate.

Step 4:

Apply with Habitat for Humanity of Omaha if your income falls in the eligible range. The Home Journey Program leads to an affordable Habitat mortgage at a below-market interest rate. Reach out to homeownership@habitatomaha.org to start an application. The full process typically takes 6 to 24 months from application to closing.

Step 5:

For Tallgrass Community row homes, watch for application windows. Habitat is building 30 row homes near 72nd & Capehart Road with construction expected to wrap up in early 2027. Application windows open periodically as units approach completion.

Step 6:

Plan for at least $1,000 of your own money in NIFA HBA. NIFA HBA requires a $1,000 minimum borrower contribution toward the down payment.

Step 7:

Find a home and close. NIFA second-mortgage assistance is recorded at closing alongside your first mortgage. Plan to occupy the home as your primary residence for the full retention period.

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