STATEWIDE PROGRAMS

Home Flex Plus (FHA, VA, RD loans) and Home Preferred Plus (Conventional loans)

Assistance Available:
Both the Home Flex Plus and the Home Preferred Plus programs are administered by New Hampshire Housing.

They both offer borrowers assistance in the form of 3% of the purchase price to help cover the costs of downpayment and closing. These loans are 2nd mortgages and are fully forgivable after 4 years except in the event of a home sale, home refinance, or bankruptcy. If any of these 3 circumstances occur, the loan must be repaid in full.

Qualifications:
You must complete a homebuyer education course. The income limit for a Home Flex Plus loan is $128,000. The income limit for a Home Preferred Plus loan is $105,900.