Best Government Resources for Buying a Home in Every State

The government provides first-time homebuyers across the United States with the help they need to make their first big real estate purchase. It offers many of the same opportunities to veterans and low-income buyers.

In this guide, we’ll look at the best loan programs and resources available in all 50 states, helping you to buy your new home wherever you are in the United States.

Alabama

Step Up Program

Type of Program: Mortgage and Down Payment
Who Can Qualify: First-time buyers, and repeat buyers who meet requirements.
Features and Terms: First mortgage of 30-year fixed; 10-year second mortgage to cover the down payment. One payment is made per month to cover both liens.
Types of Property: Family homes, condos, townhouses.
Requirements: Completion of a homeownership education course; income limits apply; credit score of at least 620.
Down Payment Assistance: 3% assistance available.

Freddie Mac Home Possible Advantage

Type of Program: 30-year mortgage (conventional only).
Who Can Qualify: First-time buyers, and repeat buyers who meet requirements.
Features and Terms: Available as a grant of up to $2,500. Credit score of at least $2,500 or a 10-year second mortgage loan.
Types of Property: Family homes, condos, townhouses.
Requirements: Credit score of at least 620.
Down Payment Assistance: Yes.

Affordable Income Subsidy Grant

Type of Program: Grant to cover costs of moving (including closing costs)
Who Can Qualify: People with an income less than 80% of the Area Median Income.
Features and Terms: Grants of up to $2,500 available for conventional loans.
Types of Property: Both new and existing homes.
Requirements: Credit score of at least 620.

Mortgage Credit Certificate Program

Type of Program: Tax credit that applies to mortgage interest.
Who Can Qualify: First-time buyers, qualified veterans.
Features and Terms: Reduce the total interest by as much as $2,000 per year on primary residence.
Types of Property: Family homes, condos, townhouses.
Requirements: Income and purchase price limits apply and depend on location. Counseling classes required.
Down Payment Assistance: No.

Alaska

First-Time Homebuyer Program

Type of Program: Mortgage and down payment assistance
Who Can Qualify: First-time buyers and veterans.
Features and Terms: Lower interest rates and assistance with down payment.
Types of Property: Most types
Requirements: Income and purchase price limits vary. Counseling courses may be needed.
Down Payment Assistance: Yes.

Other Programs Available in this State

Closing Cost Assistance Program
Veteran Loans
Manufactured Home Loan Program
Nonconforming Home Loan Program

Arizona

Home Plus

Type of Program: Mortgage assistance.
Who Can Qualify: Mostly restricted to first-time buyers, with exceptions.
Features and Terms: A loan to help with the mortgage and down payment.
Types of Property: Most types covered.
Requirements: An income of no more than $99,000 and a purchase limit of $396,000. Credit score requirements and counseling classes may also apply.
Down Payment Assistance: Up to 5%.

Arkansas

ADFA Move-Up Loan

Type of Program: Mortgage of 30 years.
Who Can Qualify: First and repeat buyers.
Features and Terms: Up to $424,000 purchase price.
Types of Property: Family homes.
Requirements: N/A
Down Payment Assistance: No. Offered with other programs available from the ADFA.

ADFA Down Payment Assistance

Type of Program: Down Payment Loan.
Who Can Qualify: First-time buyers and repeat buyers.
Features and Terms: Second mortgage of up to $10,000.
Types of Property: Occupied family homes.
Requirements: Counseling classes may be required; minimum 3% down payment. Must have a 30 year ADFA Move-Up Loan.
Down Payment Assistance: Yes

Mortgage Credit Certificate Program

Type of Program: Tax credit that applies to mortgage interest.
Who Can Qualify: First-time buyers, qualified veterans.
Features and Terms: Reduce the total interest by as much as $2,000 per year on primary residence.
Types of Property: Family homes, condos, townhouses.
Requirements: Income limits vary, and purchase price is capped at $270,000.
Down Payment Assistance: No.

California

CalHFA Programs

Type of Program: 30-year mortgage with reduced rate of interest. VA and FHA programs are also available, with similar fees.
Who Can Qualify: First-time buyers and repeat buyers.
Features and Terms: Low-interest rates offer. Will depend on your circumstances.
Types of Property: Family homes, condos, townhouses.
Requirements: State-wide limit of $765,000. Income limits differ by region. Counseling classes required.
Down Payment Assistance: No but offered elsewhere.

CalPlus Programs

Type of Program: 30-year mortgage. VA and FHA programs are also available, with similar fees.
Who Can Qualify: First-time buyers and repeat buyers.
Features and Terms: Low-interest rates offer. Will depend on your circumstances. May charge a higher rate than the CalHFA program.
Types of Property: Family homes, condos, townhouses.
Requirements: State-wide limit of $765,000. Income limits differ by region. Counseling classes required.
Down Payment Assistance: No but offered elsewhere.

School Teacher and Employee Assistance Program

Type of Program: A small loan covering as much as 4% of the price. To be used for down payments or closing costs.
Who Can Qualify: First-time buyers who have been employed in CA schools for at least 3 years.
Features and Terms: Need to have been employed in a qualifying school.
Types of Property: Family homes, condos, and other houses all qualify.
Requirements: Educational courses may be required, and income limits apply based on area.
Down Payment Assistance: Yes.

Mortgage Credit Certificate Program

Type of Program: Tax credit that applies to mortgage interest.
Who Can Qualify: First-time buyers, qualified veterans.
Features and Terms: Reduce the total interest by as much as 20% on primary residence.
Types of Property: Family homes, condos, townhouses.
Requirements: State-wide limit of $765,000. Income limits differ by region. Counseling classes required.
Down Payment Assistance: No.

Other Programs Available in this State

MyHome Assistance Program
CalHFA Zero Interest Program

Colorado

CHFA FirstStep

Type of Program: Mortgage assistance.
Who Can Qualify: First-time buyers and veterans.
Features and Terms: Maximum loan of $484,350.
Types of Property: Most types of property.
Requirements: $1,000 fee, classes, and a minimum of 620 credit score.
Down Payment Assistance: Yes.

CHFA SmartStep

Type of Program: Mortgage assistance.
Who Can Qualify: First-time buyers and veterans.
Features and Terms: Maximum loan of $484,350.
Types of Property: Most types of property.
Requirements: $1,000 fee, classes, and a minimum of 620 credit score. Income limits of $115 apply.
Down Payment Assistance: Yes.

Other Programs Available in this State

CHFA HomeAccess
CHFA Home Opener
CHFA Advantage
CHFA Preferred

Connecticut

HomeBuyer Mortgage

Type of Program: Mortgage with reduced interest rates.
Who Can Qualify: First-time homebuyers.
Features and Terms: Get lower rates.
Types of Property: Family homes, condos, townhouses, more.
Requirements: Income limits and purchase price limits may apply.
Down Payment Assistance: Up to $3,000.

Teachers Mortgage Assistance

Type of Program: 30-year mortgage at lower interest rates.
Who Can Qualify: First-time buyers and current qualified teachers.
Features and Terms: Save up to 0.125% below market rates.
Types of Property: Approved condos, family homes, townhouses, and units.
Requirements: Income limits and purchase price limits apply. Classes may be required.
Down Payment Assistance: Up to $3,000.

Police Mortgage Assistance

Type of Program: 30-year mortgage at lower interest rates.
Who Can Qualify: First-time buyers and active members of law enforcement.
Features and Terms: Save up to 0.125% below market rates.
Types of Property: Approved condos, family homes, townhouses, and units.
Requirements: Income limits and purchase price limits apply. Classes may be required.
Down Payment Assistance: Up to $3,000.

Other Programs Available in this State

HFA Advantage
HFA Preferred
Military Homeownership Programs

D.C.

Home Purchase Assistance Program

Type of Program: Second mortgage.
Who Can Qualify: First-time buyers who meet income requirements.
Features and Terms: 0% APR of up to $80,000 in down payment assistance and an additional $4,000 in closing costs.
Types of Property: Most types covered.
Requirements: Must have a credit score of at least 600 and an income of no more than $137.000. Purchase price is capped at $484.000.
Down Payment Assistance: Yes

Mortgage Credit Certificate Program

Type of Program: Tax credit that applies to mortgage interest.
Who Can Qualify: First-time buyers, qualified veterans.
Features and Terms: Reduce the total interest by as much as 20% on primary residence.
Types of Property: Family homes, condos, townhouses.
Requirements: State-wide limit of between $625,000 and $764,000. Income limits differ by region. Counseling classes required.
Down Payment Assistance: No.

Other Programs Available in this State

D.C Open Doors (Mortgage and Down Payment)

Delaware

Welcome Home Homeownership

Type of Program: Mortgage purchase.
Who Can Qualify: First-time buyers.
Features and Terms: Interest rate below the market rate.
Types of Property: Family homes, condos, townhouses.
Requirements: Income limit of $97,900; purchase price limit of $484,350. Credit score of 620, with classes required for all scores below 660.
Down Payment Assistance: No

Home Again Homeownership

Type of Program: Mortgage purchase.
Who Can Qualify: Repeat buyers.
Features and Terms: Interest rate below the market rate.
Types of Property: Family homes, condos, townhouses.
Requirements: Income limit of $97,900; purchase price limit of $484,350. Credit score of 620, with classes required for all scores below 660.
Down Payment Assistance: No

Other Programs Available in this State

First-time HomebuyerTax Credit

Florida

Florida First

Type of Program: Mortgage purchase.
Who Can Qualify: First-time buyers and veterans.
Features and Terms: Help with mortgage.
Types of Property: Family homes.
Requirements: Purchase price and income limits apply and vary. Credit score must be at least 640, with counseling courses required.
Down Payment Assistance: As much as $7,500.

Florida Assist

Type of Program: Second mortgage with 0% APR.
Who Can Qualify: First-time buyers and veterans.
Features and Terms: Help with down payment and closing costs. Must be repayed when the house is sold.
Types of Property: Family homes.
Requirements: Counseling may be required and there are also requirements regarding income, purchase price, and credit score.
Down Payment Assistance: Yes

Mortgage Credit Certificate Program

Type of Program: Tax credit that applies to mortgage interest.
Who Can Qualify: First-time buyers, qualified veterans.
Features and Terms: Reduce the total interest by as much as 30% on primary residence.
Types of Property: Family homes, condos, townhouses.
Requirements: Income and purchase price limits apply. Income limits differ by region. Credit score of 640 required.
Down Payment Assistance: No.

Other Programs Available in this State

Florida Military Heroes
FL HFA Preferred Conventional Loan

Georgia

Georgia Dream

Type of Program: Mortgage purchase with 30-year term.
Who Can Qualify: First-time buyers.
Features and Terms: Must contribute $1,000 and have assets of less than 20% of the purchase price.
Types of Property: Single family homes.
Requirements: Purchase price of between $200,000 and $250,000. Income limits may apply, and credit scores need to be at least 640.
Down Payment Assistance: Up to $7,500.

Protectors, Educators and Nurses Program

Type of Program: Second mortgage to cover down payment and other fees.
Who Can Qualify: Anyone who works as a “public protector”, including those in the police, military, and health care sector.
Features and Terms: Get up to $7,500 when combined with Georgia Dream mortgage.
Types of Property: Family homes.
Requirements: Classes are required, credit scores must be at least 640, and there is a purchase price of between $200,000 and $250,000.
Down Payment Assistance: Yes.

Choice Program

Type of Program: Second mortgage to cover down payment and other fees.
Who Can Qualify: Anyone who is classified as “disabled” or has a family member who is disabled.
Features and Terms: Get up to $7,500 when combined with Georgia Dream mortgage.
Types of Property: Family homes.
Requirements: Classes are required, credit scores must be at least 640, and there is a purchase price of between $200,000 and $250,000.
Down Payment Assistance: Yes.

Other Programs Available in this State

Standard Second Mortgage Loan

Hawaii

NeighborWorks HHOC Down Payment Assistance

Type of Program: Second mortgage down payment assistance.
Who Can Qualify: First-time buyers.
Features and Terms: To a maximum of $75,000.
Types of Property: Family home, townhouse or condo.
Requirements: Borrower must pay a down payment of 5% to qualify.
Down Payment Assistance: Yes

Mortgage Credit Certificate Program

Type of Program: Tax credit that applies to mortgage interest.
Who Can Qualify: First-time buyers, qualified veterans.
Features and Terms: Reduce the total interest by as much as 20% on primary residence.
Types of Property: Family homes, condos, townhouses.
Requirements: Income and purchase price limits apply and differ by region. Application fee may also apply.
Down Payment Assistance: No.

Idaho

First Loan Program

Type of Program: Mortgage purchase.
Who Can Qualify: First-time and repeat buyers.
Features and Terms: Loan program for 30-year mortgage terms.
Types of Property: Multiple property types qualify.
Requirements: 640 credit score required, purchase limits and income limits may also apply.
Down Payment Assistance: Yes.

Second Mortgage Program

Type of Program: Down payment costs covered with a second mortgage.
Who Can Qualify: First-time and repeat buyers.
Features and Terms: Second mortgage for the purpose of down payment and closing costs. Up to 3.5% of the sale price can be borrowed.
Types of Property: Family homes.
Requirements: 640 credit score required; income is limited to $110,000.
Down Payment Assistance: Yes.

Mortgage Credit Certificate Program

Type of Program: Tax credit that applies to mortgage interest.
Who Can Qualify: First-time buyers, qualified veterans.
Features and Terms: Reduce the total interest by as much as 35% on primary residence.
Types of Property: Family homes, condos, townhouses.
Requirements: Income and purchase price limits apply and differ by region. A processing fee of as much as $300 may be required.
Down Payment Assistance: No.

Other Programs Available in this State

Forgivable Grant
Conventional Loan Program

Illinois

First Home Illinois

Type of Program: Mortgage and Down Payment.
Who Can Qualify: First-time buyers and vets.
Features and Terms: 30-year term with a grant of up to $7,500 for down payment.
Types of Property: Existing dwelling covering 1 or 2 units.
Requirements: 1% of the purchase price.
Down Payment Assistance: Yes

Mortgage Credit Certificate Program

Type of Program: Tax credit that applies to mortgage interest.
Who Can Qualify: First-time buyers, qualified veterans.
Features and Terms: Reduce the total interest by as much as 25% on primary residence.
Types of Property: Family homes, condos, townhouses.
Requirements: Income and purchase price limits apply and differ by region. Credit score of 640 required. Classes and processing fees may be required.
Down Payment Assistance: No.

Other Programs Available in this State

IHDA Access Forgivable
IHDA Access Deferred
IHDA Access Repayable

Indiana

Affordable Home

Type of Program: FHA 30-year rate mortgage.
Who Can Qualify: First-time buyers.
Types of Property: Most types of property.
Requirements: Credit score of 660, income/purchase limits may apply. Reservation fee may be charged.
Down Payment Assistance: No.

My Home

Type of Program: Conventional 30-year rate mortgage.
Who Can Qualify: First-time homebuyers.
Types of Property: Homes, condos, townhouses.
Requirements: Credit score of 660, income/purchase limits may apply. Reservation fee may be charged.
Down Payment Assistance: No

Mortgage Credit Certificate Program

Type of Program: Tax credit that applies to mortgage interest.
Who Can Qualify: First-time buyers, qualified veterans.
Features and Terms: Reduce the total interest by as much as 35% on primary residence.
Types of Property: Most types of property will qualify.
Requirements: Income and purchase price limits apply and differ by region. Processing fee of up to $500 may be required.
Down Payment Assistance: No.

Other Programs Available in this State

Next Home
Helping to Own

Iowa

FirstHome Plus

Type of Program: Purchase mortgage for FHA, USDA, VA, Conventional.
Who Can Qualify: First-time buyers and veterans.
Features and Terms: As little as 3% down payment required with optional grant for down payment and other fees.
Types of Property: Family homes.
Requirements: Purchase price capped at $271,000.
Down Payment Assistance: Yes (optional grant up to $2,500).

Mortgage Credit Certificate Program

Type of Program: Tax credit that applies to mortgage interest.
Who Can Qualify: First-time buyers, qualified veterans.
Features and Terms: Reduce the total interest by as much as 50% on primary residence.
Types of Property: Family homes.
Requirements: Income and purchase price limits apply and differ by region. Processing fees may be required.
Down Payment Assistance: No.

Other Programs Available in this State

Military Homeownership Assistance
Homes for Iowans

Kansas

HOME Program

Type of Program: Purchase mortgage.
Who Can Qualify: First-time and repeat buyers.
Types of Property: Family homes, condos, and townhouses.
Requirements: Limits and requirements vary by area. Borrowers need 2% of sale price.
Down Payment Assistance: No.

Kentucky

Regular Down Payment Assistance

Type of Program: Down payment assistance program.
Who Can Qualify: All buyers.
Features and Terms: As much as $6,000 for costs of moving. Second mortgage over a 10-year term.
Types of Property: Most houses.
Requirements: Purchase limits of $301,000.
Down Payment Assistance: Yes.

Mortgage Credit Certificate Program

Type of Program: Tax credit that applies to mortgage interest.
Who Can Qualify: First-time buyers, qualified veterans.
Features and Terms: Reduce the total interest by as much as 25% on primary residence.
Types of Property: Most types of homes qualify.
Requirements: Income limits differ by region; purchase price is capped at $271,164.
Down Payment Assistance: No.

Other Programs Available in this State

Affordable Down Payment Assistance
Secondary Market Funding Source

Louisiana

LHC Preferred Conventional Loan Program

Type of Program: Purchase mortgage of 30-year fixed.
Who Can Qualify: All homebuyers who meet the other criteria.
Features and Terms: Reduced costs, additional grant available.
Types of Property: Only family homes can qualify.
Requirements: Income limits of $99,000; maximum loan of $417,000
Down Payment Assistance: Yes, as much as 4% of the final sale price of the house.

LHC Choice Conventional Loan Program

Type of Program: Purchase mortgage of 30-year fixed.
Who Can Qualify: All homebuyers who meet the other criteria.
Features and Terms: Reduced costs, additional grant available.
Types of Property: Family homes, condos.
Requirements: Income limits of $99,000; maximum loan of $424,000.
Down Payment Assistance: Yes, as much as 6% of the final sale price of the house.

Delta 100

Type of Program: Fixed 30-year mortgage.
Who Can Qualify: Single parents and first-time buyers in the Delta Parishes.
Features and Terms: 2% fixed rate. Included closing costs and there is no down payment needed.
Types of Property: Family homes.
Requirements: Must pay 1% of purchase price and take classes. Maximum amount is $242,000.
Down Payment Assistance: Yes, up to 3%.

Mortgage Credit Certificate Program

Type of Program: Tax credit that applies to mortgage interest.
Who Can Qualify: First-time buyers, qualified veterans.
Features and Terms: Reduce the total interest by as much as 40% on primary residence.
Types of Property: Family homes.
Requirements: Income and purchase price limits apply and differ by region. Processing fees may be required.
Down Payment Assistance: No.

Other Programs Available in this State

Mortgage Revenue Bond
Mortgage Revenue Bond Assisted Program
Market Rate GNMA Program

Maine

First Home Loan Program

Type of Program: 30-year VA, USDA, or FHA-backed loan.
Who Can Qualify: Veterans and first-time homebuyers.
Features and Terms: No down payment available; low-interest payments.
Types of Property: Family homes, mobile homes, condos.
Requirements: Credit score of at least 640 is required.
Down Payment Assistance: Yes

Advantage Assistance Program

Type of Program: Down payment grant.
Who Can Qualify: Borrowers with other Maine loan assistance programs.
Features and Terms: A grant of up to $3,500.
Types of Property: Family homes, mobile homes, condos.
Requirements: Credit score of at least 640 is required. Borrower must contribute 1%.
Down Payment Assistance: Yes

Other Programs Available in this State

Mobile Home Self-Insured
Purchase Plus Improvement Program
Salute ME

Maryland

Maryland Mortgage Premier

Type of Program: 30-year fixed mortgage.
Who Can Qualify: Qualified vets and first-time buyers.
Types of Property: Most homes.
Requirements: $484,340 maximum purchase price.
Down Payment Assistance: Second mortgage with 0% interest and a loan of up to $5,000.

Other Programs Available in this State

MMP 1st Time Advantage
Maryland Mortgage Preferred Rate
HomeAbility

Massachusetts

MassHousing Mortgage

Type of Program: Purchase or refinancing mortgage (Conventional).
Who Can Qualify: First-time buyers.
Types of Property: Most homes.
Requirements: Classes may be required, purchase price limits apply, and borrowers need a good credit history.
Down Payment Assistance: Available elsewhere.

Operation Welcome Home

Type of Program: Conventional mortgage.
Who Can Qualify: Active/former members of the military.
Features and Terms: Adds additional credit of up to $2,500 for closing costs and other fees.
Types of Property: Most types of home.
Requirements: Credit score of 660.
Down Payment Assistance: Up to $12,000 offered via a second loan.

Michigan

MI Home Loan

Type of Program: 30-year mortgage (FHA, USDA, VA, Conventional).
Who Can Qualify: First-time homebuyers.
Types of Property: Most types of home.
Requirements: $224,500 purchase price limit. Need to have less than $10,000 in assets.
Down Payment Assistance: Available elsewhere.

Down Payment Assistance

Type of Program: Second loan used for additional costs.
Who Can Qualify: First-time buyers.
Features and Terms: 5-year 0% APR loan forgiven at a rate of 20% a year.
Types of Property: Most houses.
Requirements: $224,500 purchase price.
Down Payment Assistance: Yes

Mortgage Credit Certificate Program

Type of Program: Tax credit that applies to mortgage interest.
Who Can Qualify: First-time buyers, qualified veterans.
Features and Terms: Reduce the total interest by as much as 20% on primary residence with no cap.
Types of Property: Many different types of homes covered, including condos and family homes.
Requirements: Income limits vary and there is a purchase price cap of $224,500. Processing fees and classes may be required.
Down Payment Assistance: No.

Other Programs Available in this State

MI Home Flex Loan
Step Forward Down Payment Assistance

Minnesota

Start Up Program

Type of Program: 30-year fixed mortgage.
Who Can Qualify: First-time buyers.
Features and Terms: Reduced interest rates.
Types of Property: Condos, family homes.
Requirements: Income and purchase price limits apply. 640+ credit score needed.
Down Payment Assistance: Yes

Step Up Program

Type of Program: Purchase and refinance.
Who Can Qualify: First-time buyers.
Features and Terms: 15 to 30-year term.
Types of Property: Condos, family homes.
Requirements: 1% of final sale price required. Income and purchase price limits apply. 640+ credit score needed.
Down Payment Assistance: Yes.

Other Programs Available in this State

Monthly Down Payment Loan
Deferred Payment Down Payment Loan

Mississippi

Mortgage Credit Certificate Program

Type of Program: Tax credit that applies to mortgage interest.
Who Can Qualify: First-time buyers, qualified veterans.
Features and Terms: Reduce the total interest by as much as 40% on primary residence.
Types of Property: Most houses, including condos and family homes.
Requirements: Income and purchase price limits apply and differ by region. Processing fee of up to $300 is required, as are counseling classes.
Down Payment Assistance: No.

Other Programs Available in this State

Smart Solution
Smart Solution Second

Missouri

First Place Loan

Type of Program: 30-year fixed mortgage.
Who Can Qualify: First-time buyers and veterans.
Features and Terms: Reduced interest rates.
Types of Property: Condo, family home, townhouse, duplex.
Requirements: Income limits apply. Purchase price is fixed at a maximum of $331,000 but may be lower in some areas.
Down Payment Assistance: Available with additional 10-year loan (see below).

First Place Cash Assistance

Type of Program: Second mortgage.
Who Can Qualify: First-time buyers and veterans.
Features and Terms: 10-year term, use to cover costs such as the down payment.
Types of Property: Condo, family home, townhouse, duplex.
Requirements: Income limits apply. Purchase price is fixed at a maximum of $331,000 but may be lower in some areas.

Mortgage Credit Certificate Program

Type of Program: Tax credit that applies to mortgage interest.
Who Can Qualify: First-time buyers, qualified veterans.
Features and Terms: Reduce the total interest by as much as 45% on primary residence.
Types of Property: Family homes, condos, townhouses, and other homes are allowed.
Requirements: Income and purchase price limits apply and differ by region. Insurance fee of 1% is required.
Down Payment Assistance: No.

Other Programs Available in this State

Next Step Program

Montana

Mortgage Credit Certificate Program

Type of Program: Tax credit that applies to mortgage interest.
Who Can Qualify: First-time buyers, qualified veterans.
Features and Terms: Reduce the total interest by as much as 20% on primary residence.
Types of Property: Family homes, condos, townhouses, and other homes are allowed.
Requirements: Income and purchase price limits apply and differ by region. Application fee and classes may be required.
Down Payment Assistance: No.

Other Programs Available in this State

Veterans Home Loan Program
Score Advantage Down Payment Assistance
BOI Residential Mortgages
Habitat for Humanity

Nebraska

First Home Plus

Type of Program: 30-year fixed mortgage.
Who Can Qualify: First-time buyers.
Types of Property: Condo, family home, townhouse, duplex.
Requirements: Income limits apply. Purchase price is fixed at a maximum of $300,000 but may be lower in some areas.
Down Payment Assistance: Available with additional loan (see below).

Homebuyer Assistance

Type of Program: Second mortgage
Who Can Qualify: First-time buyers and veterans.
Features and Terms: Up to 5% of sale price. 10-year term with 1% interest rate.
Types of Property: Condo, family home, townhouse, duplex.
Requirements: Income limits apply. Purchase price is fixed at a maximum of $331,000 but may be lower in some areas.
Down Payment Assistance: Yes.

Nevada

Home is Possible

Type of Program: 30-year fixed mortgage (VA, FHA, USDA, Conventional).
Who Can Qualify: First-time buyers and repeat buyers.
Features and Terms: Reduced interest rates.
Types of Property: Condo, family home, townhouse, duplex.
Requirements: Income limits of $98.500. Purchase price is fixed at a maximum of $484,350. Fees and classes may be required.
Down Payment Assistance: Additional loan of up to 5% of the sale price.

Home is Possible for Heroes

Type of Program: 30-year fixed mortgage (VA, FHA, USDA, Conventional).
Who Can Qualify: Veterans, active members, and family members who don’t own another home.
Features and Terms: Reduced interest rates.
Types of Property: Condo, family home, townhouse, duplex.
Requirements: Income limits of $98.500. Purchase price is fixed at a maximum of $484,350. Fees and classes may be required.
Down Payment Assistance: No.

Home is Possible for Teachers

Type of Program: 30-year fixed mortgage (VA, FHA, USDA, Conventional).
Who Can Qualify: Full-time teachers.
Features and Terms: Reduced interest rates.
Types of Property: Condo, family home, townhouse, duplex.
Requirements: Income limits of $98.500. Purchase price is fixed at a maximum of $484,350. Fees and classes may be required.
Down Payment Assistance: Up to $7,500.

Mortgage Credit Certificate Program

Type of Program: Tax credit that applies to mortgage interest.
Who Can Qualify: First-time buyers, qualified veterans.
Features and Terms: Reduce the total interest by as much as 20% on primary residence.
Types of Property: Family homes, condos, townhouses, and other homes are allowed.
Requirements: Income and purchase price limits apply and differ by region. Processing fees and application fees may apply.
Down Payment Assistance: No.

New Hampshire

Home Preferred

Type of Program: 30-year fixed mortgage (Conventional)
Who Can Qualify: First-time buyers and repeat buyers.
Features and Terms: Reduced interest rates.
Types of Property: Condo, family home, townhouse, duplex.
Requirements: Income limits apply. Purchase price is fixed at a maximum of $484,350. Fees and classes may be required. Credit score of 620 needed.
Down Payment Assistance: Additional loan of up to 5% of the sale price.

Other Programs Available in this State

Home Preferred Plus
Home Flex
Home Flex Plus
HomeStart Homebuyer

New Jersey

First-time Homebuyer Program

Type of Program: 30-year fixed mortgage (Conventional).
Who Can Qualify: First-time buyers.
Features and Terms: Reduced interest rates.
Types of Property: Most types covered.
Requirements: Income limits apply. Purchase price limits apply. Classes may be required. Credit score of 620 needed.
Down Payment Assistance: Additional option with loan (see above).

Down Payment Assistance Program

Type of Program: Second mortgage.
Who Can Qualify: First-time buyers.
Features and Terms: Reduced interest rates.
Types of Property: Condo, family home, townhouse, duplex.
Requirements: Income limits apply. Purchase price may be fixed. Credit score of 620 needed.

Other Programs Available in this State

Police and Firemen’s Retirement Program

New Mexico

First Home

Type of Program: 30-year fixed mortgage (Conventional, FHA, VA, USDA).
Who Can Qualify: First-time buyers.
Features and Terms: Competitive interest rates.
Types of Property: Family homes.
Requirements: Income and purchase price limits apply. Fee of $500 is required.
Down Payment Assistance: Available elsewhere.

Next Home

Type of Program: Mortgage with 3% down payment assistance.
Who Can Qualify: First-time and repeat buyers.
Features and Terms: Loan can be forgiven.
Types of Property: Most types of home.
Requirements: Credit score of 620 needed. Limits may apply.
Down Payment Assistance: 3%.

Other Programs Available in this State

First Down DPA
Home Now DPA

New York

SONYMA Achieving the Dream

Type of Program: 30-year fixed mortgage.
Who Can Qualify: First-time buyers and veterans.
Types of Property: Condo, family home, townhouse, duplex.
Requirements: Income limits and purchase limits apply. Classes and fees may be required.

Homes for Veterans

Type of Program: 30-year fixed mortgage
Who Can Qualify: Veterans and members of the military.
Features and Terms: Reduced interest rates.
Types of Property: Condo, family home, townhouse, duplex.
Requirements: Income limits apply. Purchase price is fixed at varying amounts.

Other Programs Available in this State

SONYMA Conventional Plus
Energy Star Home Program
SONYMA FHA Plus
SONYMA Down Payment Assistance Loan

North Carolina

Home Advantage Mortgage Program

Type of Program: First mortgage for 30-years with 15-year second mortgage.
Who Can Qualify: First and repeat buyers.
Features and Terms: Second mortgage offers up to 5% of the amount of the first loan, with a 0% interest rate.
Types of Property: Most homes.
Requirements: $87,500 income limits and a credit score of 640. Classes required for first-time buyers.
Down Payment Assistance: Yes.

North Dakota

FirstHome Program

Type of Program: 30-year fixed mortgage (Conventional, FHA, VA, USDA).
Who Can Qualify: First-time buyers.
Features and Terms: Highly competitive interest rates.
Types of Property: Most homes.
Requirements: Borrower must contribute at least $500. Limits may apply.
Down Payment Assistance: Available elsewhere.

DCA Down Payment Assistance

Type of Program: Second mortgage for down payment.
Who Can Qualify: All buyers.
Features and Terms: 0% APR second mortgage with a repayment that is deferred. Get up to $3,000.
Types of Property: Condos and family homes.
Requirements: Minimum investment of $500 required. Classes and limits may apply.
Down Payment Assistance: Yes

Other Programs Available in this State

HomeAccess Program
Roots Program
Major Home Improvement Program

Ohio

First-time Homebuyer Program

Type of Program: 30-year fixed mortgage (Conventional, FHA, VA, USDA).
Who Can Qualify: First-time buyers and veterans.
Features and Terms: Highly competitive interest rates.
Types of Property: Most homes are approved.
Requirements: Credit score limits may apply.
Down Payment Assistance: No.

Next Home

Type of Program: 30-year fixed mortgage (Conventional, FHA, VA, USDA)
Who Can Qualify: Aimed at repeat buyers.
Features and Terms: Highly competitive interest rates.
Types of Property: Most types of home.
Requirements: Credit score limits may apply.
Down Payment Assistance: No.

Mortgage Credit Certificate Program

Type of Program: Tax credit that applies to mortgage interest.
Who Can Qualify: First-time buyers, qualified veterans.
Features and Terms: Reduce the total interest by as much as 40% on primary residence.
Types of Property: Family homes, condos, townhouses, and other homes are allowed.
Requirements: Income and purchase price limits apply and differ by region. Fees may apply.
Down Payment Assistance: No.

Other Programs Available in this State

Ohio Heroes
Grants for Grads
Target Area Loan
Your Choice! Down Payment Assistance

Oklahoma

OHFA Dream

Type of Program: 30-year fixed mortgage (Conventional, FHA, VA, USDA).
Who Can Qualify: First-time buyers and repeat buyers.
Features and Terms: Highly competitive interest rates.
Types of Property: Condo, family home, townhouse, duplex.
Requirements: Income limits apply. Purchase price is fixed at a maximum of $484,350. Credit score of 640 needed.
Down Payment Assistance: Yes.

Other Programs Available in this State

OHFA Gold
OHFA Shield
OHFA Teachers

Oregon

Cash Advantage

Type of Program: 30-year fixed mortgage (Conventional, FHA, VA, USDA).
Who Can Qualify: First-time buyers.
Types of Property: Most types of home are available.
Requirements: Income limits and purchase limits may apply.
Down Payment Assistance: Up to 3% available.

Rate Advantage

Type of Program: 30-year fixed mortgage (Conventional, FHA, VA, USDA).
Who Can Qualify: First-time buyers.
Types of Property: Most types of home are available.
Requirements: Income limits and purchase limits may apply.
Down Payment Assistance: No.

Pennsylvania

Keystone Home Loan

Type of Program: 30-year fixed mortgage (Conventional, FHA, VA, USDA)
Who Can Qualify: First-time buyers and veterans.
Types of Property: Condo, family home, townhouse, duplex.
Requirements: Courses needed for credit scores below 680. Borrowers with scores below 620 may be refused.
Down Payment Assistance: Offered with Keystone Advantage Assistance.

Mortgage Credit Certificate Program

Type of Program: Tax credit that applies to mortgage interest.
Who Can Qualify: First-time buyers, qualified veterans.
Features and Terms: Reduce the total interest by as much as 50% on primary residence.
Types of Property: Family homes, condos, townhouses, and other homes are allowed.
Requirements: Income and purchase price limits apply and differ by region. Classes may be required if your credit history is poor.
Down Payment Assistance: No.

Other Programs Available in this State

HFA Preferred Risk Sharing
HFA Preferred Low MI
Purchase Improvement Home Loan
Keystone Government Loan
Keystone Advantage Assistance Loan
Employer Assisted Housing

Rhode Island

First Homes 100

Type of Program: 30-year fixed purchase mortgage.
Who Can Qualify: First-time homebuyers.
Features and Terms: Also offers help with closing costs and down payments.
Types of Property: Only family homes and approved condos.
Requirements: Purchase price limit of $441,176; income limits of between $93,000 and $107,000 depending on the size of the household.
Down Payment Assistance: Yes

Other Programs Available in this State

Beyond FirstHomes
Lasting Homes Equity
Lasting Homes Repair
First Homes Tax Credit

South Carolina

Homeownership Program

Type of Program: 30-year fixed mortgage (Conventional, FHA, VA, USDA)
Who Can Qualify: First-time buyers.
Features and Terms: Reduced rates.
Types of Property: Condo, family home, townhouse, duplex.
Requirements: Limits up to $285,000. Classes may be required.
Down Payment Assistance: Available elsewhere (see below).

Repayable Down Payment Assistance

Type of Program: Second Mortgage
Who Can Qualify: First-time buyers.
Features and Terms: Need income that is more than 80% of the area median income. $6,000 payment available for closing costs and down payment.
Types of Property: Condo, family home, townhouse, duplex.
Requirements: Limits of up to $285,000 for house price and $6,000 for down payment.
Down Payment Assistance: Yes.

Mortgage Credit Certificate Program

Type of Program: Tax credit that applies to mortgage interest.
Who Can Qualify: First-time buyers, qualified veterans.
Features and Terms: Reduce the total interest by as much as 50% on primary residence.
Types of Property: Family homes, condos, townhouses, and other homes are allowed.
Requirements: Income and purchase price limits apply and differ by region. Classes may be required.
Down Payment Assistance: No.

Other Programs Available in this State

Hardest Hit Down Payment Assistance
Forgivable Down Payment Assistance

South Dakota

Fixed Rate Program

Type of Program: 30-year fixed mortgage (Conventional, FHA, VA, USDA).
Who Can Qualify: First-time buyers and veterans.
Types of Property: The majority of homes.
Requirements: Up to $305,800 for the purchase price.
Down Payment Assistance: No

Other Programs Available in this State

Fixed Rate Plus
Grants for Grads
Down Payment Assistance Program
Repeat Homebuyer Program

Tennessee

Great Choice

Type of Program: 30-year fixed mortgage (Conventional, FHA, VA, USDA)
Who Can Qualify: First-time buyers and veterans.
Types of Property: Condos and single-family homes.
Requirements: Credit scores of at least 640 are needed and classes are recommended but not required.
Down Payment Assistance: Available elsewhere (see below).

Great Choice Plus

Type of Program: Second mortgage
Who Can Qualify: First-time buyers and veterans.
Features and Terms: 0% APR, completely forgivable.
Types of Property: Condos, family homes.
Requirements: Courses are required, and credit scores need to be over 640.
Down Payment Assistance: Yes. Up to 5% of the total sale price.

Other Programs Available in this State

Homeownership for the Brave

Texas

First Texas Home

Type of Program: 30-year fixed mortgage (Conventional, FHA, VA, USDA).
Who Can Qualify: First-time buyers and veterans.
Features and Terms: First and second mortgage for struggling buyers.
Types of Property: Condo, family home, townhouse, duplex.
Requirements: Borrowers with scores below 620 may be refused. Limits apply.
Down Payment Assistance: Up to 5% of the purchase price; 30-year second mortgage.

Mortgage Credit Certificate Program

Type of Program: Tax credit that applies to mortgage interest.
Who Can Qualify: First-time buyers, qualified veterans.
Features and Terms: Reduce the total interest by as much as 40% on primary residence.
Types of Property: Family homes, condos, townhouses, and other homes are allowed.
Requirements: Income and purchase price limits apply and differ by region. Classes and fees may be required.
Down Payment Assistance: No.

Other Programs Available in this State

Homes for Texas Heroes
Home Sweet Texas Home
Down Payment Assistance Grant
DPA Second Lien

Utah

First Home Loan

Type of Program: 30-year mortgage (FHA or VA).
Who Can Qualify: First-time buyers, vets, and single parents.
Features and Terms: First mortgage with available DPA of up to 6%.
Types of Property: Multiple types of home.
Requirements: Credit scores of 660 required, limits apply.
Down Payment Assistance: Yes.

Other Programs Available in this State

Score Loan
Home Again Loan
NoMI Loan
Down Payment Assistance

Vermont

MOVE Program

Type of Program: 30-year mortgage (Conventional, FHA, VA, USDA).
Who Can Qualify: First-time buyers and veterans.
Features and Terms: Savings on interest rates and property taxes.
Types of Property: Approved condos and family homes.
Requirements: Closing costs, courses, and income/purchase price limits.
Down Payment Assistance: Available elsewhere.

Mortgage Credit Certificate Program

Type of Program: Tax credit that applies to mortgage interest.
Who Can Qualify: First-time buyers, qualified veterans.
Features and Terms: Reduce the total interest by as much as 30% on primary residence.
Types of Property: Family homes, condos, townhouses, and other homes are allowed.
Requirements: Income and purchase price limits apply and differ by region. Fees may apply.
Down Payment Assistance: No.

Other Programs Available in this State

Advantage Program
ASSIST Down Payment

Virginia

Mortgage Credit Certificate Program

Type of Program: Tax credit that applies to mortgage interest.
Who Can Qualify: First-time buyers, qualified veterans.
Features and Terms: Reduce the total interest by as much as 20% on primary residence.
Types of Property: Family homes, condos, townhouses, and other homes are allowed.
Requirements: Income and purchase price limits apply and differ by region. Classes are required for first-time homebuyers.
Down Payment Assistance: No.

Other Programs Available in this State

HFA Preferred
VA, FHA, and USDA Loans also available

Washington

House Key Opportunity Program

Type of Program: 30-year fixed mortgage (Conventional, FHA, VA, USDA).
Who Can Qualify: First-time homebuyers.
Features and Terms: Reduced costs.
Types of Property: Condo, family home, townhouse.
Requirements: Borrowers with scores below 620 may be refused. Classes may be required, and limits apply.
Down Payment Assistance: Available through the House Key Opportunity DPA.

Other Programs Available in this State

House Key Opportunity DPA.
Home Advantage Program
Home Advantage Down Payment

West Virginia

Homeownership Program

Type of Program: 30-year fixed mortgage (Conventional, FHA, VA, USDA).
Who Can Qualify: First-time buyers and veterans.
Features and Terms: No down payment home loans available
Types of Property: Condos, family homes, and other qualifying abodes.
Requirements: Classes are required for Conventional loans. Income limits and purchase price limits vary.
Down Payment Assistance: Offered through Homeownership DPA.

Other Programs Available in this State

Homeownership DPA

Wisconsin

WHEDA Advantage Home Loan

Type of Program: Conventional 30-year loan
Who Can Qualify: Veterans and first-time buyers.
Features and Terms: Low monthly payments.
Types of Property: Family homes, condos, and manufactured homes.
Requirements: First-time buyers need to complete a course. 3% minimum contribution is needed.
Down Payment Assistance: Available elsewhere.

Other Programs Available in this State

Veterans Affordable Home Loans
Capital Access Advantage DPA
Easy Close DPA

Wyoming

First-time Homebuyer Program

Type of Program: 30-year fixed mortgage (Conventional, FHA, VA, USDA)
Who Can Qualify: First-time buyers and veterans.
Features and Terms: Top rates offered for veterans.
Types of Property: Condo, family home, townhouse, duplex.
Requirements: Courses needed for first time homebuyers. Credit score of 620 needed.
Down Payment Assistance: Offered with the HomeStretch DPA.

Mortgage Credit Certificate Program

Type of Program: Tax credit that applies to mortgage interest.
Who Can Qualify: First-time buyers, qualified veterans.
Features and Terms: Reduce the total interest by as much as $2,000 on primary residence.
Types of Property: Family homes, condos, townhouses, and other homes are allowed.
Requirements: Income and purchase price limits apply and differ by region. Classes may be required, and applicants need a credit score of at least 620.
Down Payment Assistance: No.

Other Programs Available in this State

Spruce-Up Program
HFA Preferred
WCDA Advantage
HomeStretch Down Payment Assistance

Source: pocketyourdollars.com