New Hampshire Down Payment Assistance
New Hampshire Down Payment Assistance Programs
A guide to current down payment assistance options in New Hampshire, including the state Housing Finance Agency, well-known city and county programs, and live DPA mortgage pricing for New Hampshire homebuyers.
New Hampshire Housing Finance Agency
New Hampshire Housing Finance Authority (New Hampshire Housing)
New Hampshire Housing administers the primary DPA programs for New Hampshire. Program details below are current as of October 17, 2026 - confirm current terms directly with New Hampshire Housing before applying.
Statewide DPA Programs in New Hampshire
Home Flex Plus
New Hampshire Housing
Fixed $5,000, $10,000 or $15,000 for down payment and closing costs as a 0% interest second mortgage with no monthly payments and a 30-year term. Due in full on sale, refinance, bankruptcy, move-out, or at 30 years.
Paired with: FHA, VA, RD
- First-time homebuyer: Not required
- Primary residence only
- Minimum FICO: 620
- Income: Household income up to $184,500.
- Homebuyer education required
Government-insured 30-year fixed first mortgage (FHA/VA/USDA-RD). Larger assistance amounts carry a higher first mortgage rate.
Source: www.nhhousing.org
Home Preferred Plus
New Hampshire Housing
Fixed $5,000, $10,000 or $15,000 for down payment and closing costs as a 0% interest, no-payment 30-year second mortgage, paired with a conventional Home Preferred first mortgage.
Paired with: Conventional
- First-time homebuyer: Not required
- Primary residence only
- Minimum FICO: 620
- Income: Reduced mortgage insurance for borrowers under 80% AMI; an over-80% AMI option is available with income up to $184,500.
- Homebuyer education required
Conventional financing with as little as 3% down. Assistance is due in full on sale, refinance, bankruptcy, move-out, or at 30 years.
Source: www.nhhousing.org
Home First Plus
New Hampshire Housing
Bond-financed, rate-advantaged 30-year fixed first mortgage with an optional fixed $5,000, $10,000 or $15,000 in down payment assistance as a 0% interest, no-payment 30-year second mortgage.
Paired with: Conventional, FHA, VA, RD
- First-time homebuyer: Required
- Primary residence only
- Minimum FICO: 620
- Income: Income and purchase price limits by town or city; see New Hampshire Housing Home First limits.
- Homebuyer education required
First-time homebuyer means no ownership in the past 3 years; waived in targeted areas and for qualified veterans.
Source: www.nhhousing.org
First Generation Homebuyer Program (1stGenHomeNH)
New Hampshire Housing
Additional $10,000 in down payment and closing cost assistance for eligible first-generation homebuyers using a New Hampshire Housing mortgage program.
- First-time homebuyer: Required
- Primary residence only
- Income: Household income limits apply.
- Homebuyer education required
First-generation means the borrower and co-borrower have never owned a home, and neither have their parents or guardians during the buyer's lifetime; foster care and refugee/asylum status also qualify. Face-to-face homebuyer education required. Limited-funding pilot that may be suspended at any time - confirm current status with New Hampshire Housing.
Source: www.nhhousing.org
Major City & County Programs in New Hampshire
Nashua First-Time Homebuyer Assistance Program
City of Nashua · Nashua, NH
Up to $10,000 conditional grant for down payment, closing costs, interest-rate buy-down, or purchase price, for first-time homebuyers purchasing within Nashua.
Household income limited to 80% of Nashua area median income. HUD HOME-funded; affordability/residency conditions apply.
Source: www.nashuanh.gov
2026 Loan Limits in New Hampshire
Conforming (Conventional)
$832,750 baseline
Some New Hampshire counties qualify as high-cost, with limits up to $1,249,125.
FHA
$541,287
Standard FHA limit. Select high-cost New Hampshire counties allow more, up to $1,249,125.
Live DPA Pricing for New Hampshire
Pricing below is sourced live from hundreds of wholesale lenders for a New Hampshire scenario. Edit the inputs to match your situation.
FHA Down Payment Assistance
Up to 5% assistance; repayable second at first rate + 2% over 10 years
▸Program details
- ✓Minimum credit score: 580
- ✓Non-traditional credit also possible
- ✓Assistance up to 2.5%, 3.5%, or 5% of the lesser of purchase price or appraised value
- ✓Assistance can be used for down payment, closing costs, or both
- ✓Second lien: 10-year fixed, repayable
- ✓Second lien rate is 2% higher than the first mortgage rate
- ✓No first-time homebuyer requirement
- ✓No income cap
- ✓Purchase of primary residence only
- ✓Eligible properties: 1-unit residences, PUD, 2-4 units, FHA-approved condos, manufactured (single/double-wide)
- ✓DTI per AUS and FHA manual underwriting guidelines
- ✓First lien: FHA 30-year fixed
Assistance amount
Compare DPA options for New Hampshire with live pricing
Rate Direct pairs down payment assistance with live first-lien pricing so you see the combined monthly payment up front.