What Is the 1stGenHomeNH Program?
New Hampshire Housing’s 1stGenHomeNH program is transforming the path to homeownership for qualifying buyers by providing $10,000 in cash assistance that can be applied directly toward down payment and closing costs. This initiative specifically targets first-generation homebuyers—individuals who haven’t had the advantage of family wealth or knowledge passed down through homeownership.
Who Qualifies as a First-Generation Homebuyer?
You may be eligible for the 1stGenHomeNH program if you meet the following criteria:
Basic Requirements:
- Neither you nor your co-borrower currently own or have previously owned a home
- Your parents or legal guardians have never owned a home during your lifetime
- Your non-borrowing spouse (if applicable) has never owned a home
Special Eligibility: Even if your parents owned a home, you still qualify as a first-generation homebuyer if you:
- Were in foster care at any point
- Legally reside in the United States as a refugee or under asylum status granted by USCIS
Program Requirements to Access Your $10,000
To take advantage of the 1stGenHomeNH program, you must:
- Meet the first-generation homebuyer definition outlined above
- Purchase a 1-4 unit single-family home in New Hampshire that will be your primary residence
- Finance through a New Hampshire Housing mortgage program using one of their approved lenders
- Complete face-to-face homebuyer education through an approved provider:
- AHEAD
- HOMEteam
- The Housing Partnership
Why This Program Matters
Research shows that young adults whose parents didn’t have access to homeownership are significantly less likely to become homeowners themselves Urban Institute. Many first-time homebuyers receive financial assistance from family members for their down payment, but this support is rarely available to first-generation buyers. The 1stGenHomeNH program levels the playing field by providing critical funding that can make the difference between renting and owning.
Ready to Explore Your First-Generation Homebuyer Options?
As an independent mortgage broker licensed in New Hampshire, I work directly with New Hampshire Housing’s approved lender network and can guide you through every step of the 1stGenHomeNH application process. From determining your eligibility to coordinating your homebuyer education and securing your financing, I’m here to help you access the full $10,000 in assistance you deserve.
The path to homeownership just got easier. Let’s talk about your goals.
Start by creating an account and providing your basic info at www.applywithRenee.com
Call or text Renee at 603-345-5644.