5% of purchase price as 10-year second mortgage at 1% interest. Only $1,000 minimum from buyer.
Nebraska Investment Finance Authority's Homebuyer Assistance provides 5% of the purchase price in DPA at just 1% interest. On a $200,000 home, that's $10,000 at a rate that adds roughly $32/month to your payment — a fraction of what the DPA saves you in reduced down payment needs.
Nebraska's housing market remains one of the most affordable in the country, with Omaha and Lincoln both offering solid job markets alongside reasonable home prices. NIFA's program helps first-time buyers take advantage of this affordability while it lasts.
This program can be used on 1-4 unit properties. Live in one unit, rent the others.
We'll show you how to combine NIFA Homebuyer Assistance (Nebraska) with other programs to maximize your free money — personalized to your ZIP code and income.