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FinancingQualifyingMEDIUM

The New Hampshire Housing Finance Authority (NHHFA) Home First program is primarily designed to assist:

Correct Answer

B) First-time homebuyers with below-market interest rate mortgages and down payment assistance

The NH Housing Finance Authority (NHHFA) offers programs such as Home First that provide eligible first-time homebuyers with below-market interest rate mortgages and down payment assistance, making homeownership more accessible in New Hampshire. These programs have income and purchase price limits set by NHHFA.

Answer Options
A
Commercial real estate investors seeking below-market financing
B
First-time homebuyers with below-market interest rate mortgages and down payment assistance
C
Licensed NH brokers purchasing investment properties
D
Existing homeowners refinancing properties valued over $1 million

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Related Topics & Key Terms

Related Topics:

first-time homebuyer programsdown payment assistanceNHHFAmortgage revenue bondsaffordable housing

Key Terms:

NHHFAHome Firstfirst-time homebuyerdown payment assistancebelow-market rateaffordable housing
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