NH Housing Home Flex Plus with Cash Assistance
Funding status: Active
How much assistance
Up to $15,000 ($5,000, $10,000, or $15,000) (Forgivable Loan)
Forgiven in full after 4 years. Forgiveness is contingent on not prepaying or refinancing the first mortgage during the 4-year period.
Eligibility
- Income limits: Varies by county; up to $176,200 household income
- First-time buyer required: No
- Geographic restrictions: Must purchase a single-family primary residence in New Hampshire.
- Homebuyer education required: Yes
How to Apply for NH Housing Home Flex Plus with Cash Assistance
Step 1: Contact an NH Housing Approved Lender to apply. Complete homebuyer education through AHEAD, HOMEteam, or the Housing Partnership. Borrower must contribute a minimum of 1% of purchase price from own funds.
Notes
Government-insured first mortgage (FHA, VA, or USDA). Cash assistance structured as a 0% interest, no-payment second mortgage.