New Hampshire offers 16 down payment assistance programs to help homebuyers cover their down payment and closing costs. This includes 3 grant programs that never require repayment. Programs range from statewide options administered by the state housing finance agency to local city and county programs targeting specific communities.
Maximum assistance available reaches $65,000 through the most generous program. Credit score requirements start as low as 620 for some programs. Most programs require the home to be your primary residence, and many require homebuyer education.
Top Down Payment Assistance Programs in New Hampshire
Highlighted programs that combine high assistance amounts with statewide or major-metro availability. See the full list below.
Home Town: First Time Homebuyer program
openCity of Portsmouth
$65,000
NH Community Loan Fund Welcome Home Loans
verifyNew Hampshire Community Loan Fund
UP TO $35,000 ('Your Turn' DPA for new Energy Star manufactured homes)
Your Turn Homebuyer Assistance
openCommunity Loan Fund
$35,000
Down Payment Assistance
openConfederated Tribes of Grand Ronde - Housing
20 (max $20,000)
New Hampshire Housing Home First Program
verifyNew Hampshire Housing Finance Authority
UP TO $15,000
Grant Programs (3)
Grants are the gold standard of down payment assistance. You receive the money and never have to pay it back.
Down Payment Assistance
Confederated Tribes of Grand Ronde - Housing
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- Not specified
- Min Credit Score
- Not specified
- Property Types
- Single-Family, Condominium, Townhouse/PUD
- Max Price
- Not specified
Quick Facts
- Loan Types
- Freddie Mac, Fannie Mae, FHA, VA, USDA-RD +1
- Assistance Type
- grant
- Profession
- All
- Homebuyer Ed.
- Yes
City of Nashua HOME Program
City of Nashua
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- 80% AMI
- Min Credit Score
- Not specified
- Property Types
- Not specified
- Max Price
- Not specified
Quick Facts
- Loan Types
- Not specified
- Assistance Type
- grant
- Profession
- all
- Homebuyer Ed.
- Not specified
Interest Rate
0%
Repayment Terms
0% interest loan; forgivable after 5 years (20% forgiven per year) if the borrower remains in the home as primary residence
Notes
Occupancy requirement: 5 years (20% forgiven per year)
First-Time Homebuyer Assistance Program
City of Nashua Community Development
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- Not specified
- Min Credit Score
- Not specified
- Property Types
- Single-Family, 2 units, 3 units, Condominium, Townhouse/PUD
- Max Price
- Not specified
Quick Facts
- Loan Types
- Freddie Mac, Fannie Mae, FHA, VA, USDA-RD +1
- Assistance Type
- grant
- Profession
- All
- Homebuyer Ed.
- Yes
Deferred Payment Loans (9)
Deferred loans require no monthly payments while you live in the home. You repay when you sell, refinance, or move out.
Home Town: First Time Homebuyer program
City of Portsmouth
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- Not specified
- Min Credit Score
- Not specified
- Property Types
- Single-Family, Condominium, Townhouse/PUD
- Max Price
- Not specified
Quick Facts
- Loan Types
- FHA
- Assistance Type
- deferred loan
- Profession
- All
- Homebuyer Ed.
- Yes
Interest Rate
None
Repayment Terms
Deferred Payment - Repayable at sale or refinance
Your Turn Homebuyer Assistance
Community Loan Fund
Eligibility Snapshot
- First-Time Buyer
- No
- Income Limit
- Not specified
- Min Credit Score
- Not specified
- Property Types
- Manufactured
- Max Price
- Not specified
Quick Facts
- Loan Types
- Freddie Mac, Fannie Mae, FHA, VA, USDA-RD +1, USDA-RD
- Assistance Type
- deferred loan
- Profession
- All
- Homebuyer Ed.
- Yes
Interest Rate
None
Repayment Terms
Deferred Payment - Repayable at sale or refinance
ROC Preferred
New Hampshire Housing
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- Not specified
- Min Credit Score
- Not specified
- Property Types
- Single-Family, Townhouse/PUD, Condominium
- Max Price
- Not specified
Quick Facts
- Loan Types
- Fannie Mae
- Assistance Type
- deferred loan
- Profession
- All
- Homebuyer Ed.
- Yes
Interest Rate
Established daily and published on GoNewHampshireHousing.com/rates
Repayment Terms
Deferred Payment - Repayment at sale or refinance
Cash Assistance
New Hampshire Housing
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- Not specified
- Min Credit Score
- Not specified
- Property Types
- Single-Family, Townhouse/PUD, Condominium, 2 units, 3 units, 4 units
- Max Price
- $745,000
Quick Facts
- Loan Types
- Freddie Mac, Fannie Mae, FHA, VA, USDA-RD +4, USDA-RD
- Assistance Type
- deferred loan
- Profession
- All
- Homebuyer Ed.
- Yes
Repayment Terms
Forgivable - Fully forgiven at closing or forgiven on a schedule
Home Flex
New Hampshire Housing
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- Not specified
- Min Credit Score
- Not specified
- Property Types
- Single-Family, Townhouse/PUD, Condominium, 2 units, 3 units, 4 units
- Max Price
- Not specified
Quick Facts
- Loan Types
- FHA, VA, USDA-RD
- Assistance Type
- deferred loan
- Profession
- All
- Homebuyer Ed.
- Not specified
Home Flex Plus
New Hampshire Housing
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- Not specified
- Min Credit Score
- Not specified
- Property Types
- Single-Family, Townhouse/PUD, Condominium, 2 units, 3 units, 4 units
- Max Price
- Not specified
Quick Facts
- Loan Types
- Freddie Mac, Fannie Mae, FHA, VA, USDA-RD +1
- Assistance Type
- deferred loan
- Profession
- All
- Homebuyer Ed.
- Not specified
Home Preferred
New Hampshire Housing
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- Not specified
- Min Credit Score
- Not specified
- Property Types
- 4 units, Single-Family, Townhouse/PUD, Condominium, 2 units, 3 units
- Max Price
- $0
Quick Facts
- Loan Types
- Freddie Mac, Fannie Mae, FHA, VA, USDA-RD +1
- Assistance Type
- deferred loan
- Profession
- All
- Homebuyer Ed.
- Not specified
Chenoa Fund FHA Down Payment Assistance Forgivable
CBC Mortgage Agency (Chenoa Fund)
Eligibility Snapshot
- First-Time Buyer
- No
- Income Limit
- Not specified
- Min Credit Score
- Not specified
- Property Types
- Single-Family, 2 units, Leasehold, Condominium, Townhouse/PUD, Manufactured
- Max Price
- $766,550
Quick Facts
- Loan Types
- FHA
- Assistance Type
- deferred loan
- Profession
- All
- Homebuyer Ed.
- Yes
Chenoa Fund FHA Down Payment Assistance Repayable
CBC Mortgage Agency (Chenoa Fund)
Eligibility Snapshot
- First-Time Buyer
- No
- Income Limit
- Not specified
- Min Credit Score
- Not specified
- Property Types
- Single-Family, 2 units, Leasehold, Condominium, Townhouse/PUD, Manufactured
- Max Price
- $766,550
Quick Facts
- Loan Types
- FHA
- Assistance Type
- deferred loan
- Profession
- All
- Homebuyer Ed.
- Yes
Interest Rate
Note rate 1% above the first mortgage note rate
Repayment Terms
This loan does require a monthly payment on the second mortgage.
Second Mortgages (4)
These programs provide DPA as a second mortgage, sometimes with monthly payments, sometimes deferred.
NH Community Loan Fund Welcome Home Loans
New Hampshire Community Loan Fund
Eligibility Snapshot
- First-Time Buyer
- Not specified
- Income Limit
- Varies
- Min Credit Score
- Not specified
- Property Types
- manufactured
- Max Price
- Not specified
Quick Facts
- Loan Types
- Not specified
- Assistance Type
- second mortgage
- Profession
- all
- Homebuyer Ed.
- Not specified
Repayment Terms
Deferred until the first mortgage is paid off, the home is sold/refinanced, or the owner no longer occupies the home
Additional Requirements
Specifically for manufactured home buyers. No minimum credit score requirement. 'Your Turn' DPA provides up to $35K for new Energy Star manufactured homes
Notes
Specifically for buyers purchasing manufactured homes in Resident-Owned Communities (ROCs) or on their own land
New Hampshire Housing Home First Program
New Hampshire Housing Finance Authority
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- Varies by county and household size (typ...
- Min Credit Score
- 620+
- Property Types
- Not specified
- Max Price
- Not specified
Quick Facts
- Loan Types
- Freddie Mac, Fannie Mae, FHA, VA, USDA-RD +1, USDA-RD
- Assistance Type
- second mortgage
- Profession
- all
- Homebuyer Ed.
- Yes
Income Limits
Varies by county and household size (typically up to $167,800 for some programs)
Check AMI limits for your county →Interest Rate
0%
Repayment Terms
0% interest second mortgage with no monthly payments. Deferred (not automatically forgiven). must be repaid when you sell, refinance, or pay off the first mortgage.
Notes
First-time homebuyers and repeat buyers in targeted areas. Occupancy requirement: Primary residence
New Hampshire Housing 1stGenHomeNH
New Hampshire Housing Finance Authority
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- Varies
- Min Credit Score
- Not specified
- Property Types
- Not specified
- Max Price
- Not specified
Quick Facts
- Loan Types
- Freddie Mac, Fannie Mae, FHA, VA, USDA-RD +1
- Assistance Type
- second mortgage
- Profession
- all
- Homebuyer Ed.
- Yes
Interest Rate
0%
Repayment Terms
0% interest, deferred second mortgage. Repayment due in full upon sale, refinance, or transfer.
Additional Requirements
Must be a first-generation homebuyer
Notes
First-generation homebuyers (you and your parents/guardians have not owned a home in your lifetime). Occupancy requirement: Primary residence
City of Portsmouth HomeTown Program
City of Portsmouth
Eligibility Snapshot
- First-Time Buyer
- Yes
- Income Limit
- Income limits apply
- Min Credit Score
- Not specified
- Property Types
- Not specified
- Max Price
- Not specified
Quick Facts
- Loan Types
- Not specified
- Assistance Type
- second mortgage
- Profession
- all
- Homebuyer Ed.
- Not specified
Interest Rate
0%
Repayment Terms
Deferred 0% interest loans. Repayment typically deferred for a set number of years (e.g., 10 years) or until sale, transfer, or refinance.
Additional Requirements
Must have lived or worked in Portsmouth for a specified period (e.g., 2+ years)
How to Apply for Down Payment Assistance in New Hampshire
-
1
Check Your Eligibility
Use our free eligibility tool to see which programs match your situation. Enter your state, city, income, and target home price.
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2
Contact the Program Administrator
Each program has its own application process. Visit the program website or call the administering agency to get started. Many programs work through approved lenders.
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3
Get Pre-Approved with a Participating Lender
Not every lender participates in every DPA program. Work with a lender who is approved for the programs you want. The program administrator can provide a list of approved lenders.
-
4
Complete Homebuyer Education (If Required)
Many programs require a HUD-approved homebuyer education course. Online options through eHome America and Framework are accepted by most programs.
-
5
Close & Move In
DPA funds are typically disbursed at closing alongside your first mortgage. Your lender coordinates the DPA program paperwork as part of the loan process.
Frequently Asked Questions
How much down payment assistance can I get in New Hampshire?
Up to $65,000 through available programs in New Hampshire. Multiple programs can often be combined for even more assistance. The exact amount depends on your income, location, and the specific program requirements.
Do I need to be a first-time homebuyer?
Not always. 3 programs in New Hampshire are open to repeat buyers. "First-time buyer" is typically defined as not having owned a home in the past three years.
What credit score do I need?
As low as 620 for some programs. Most programs require 620-660. Higher credit scores may qualify you for more programs and better terms.
Can I combine multiple DPA programs?
In many cases, yes. Some programs are specifically designed to be layered with others. For example, you might combine a state grant with a local deferred loan. Check with each program administrator about stacking eligibility.
DPA Programs in Nearby States
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