Home Flex Plus is one of the most impactful homebuyer assistance programs offered by New Hampshire Housing, designed to support first-time and repeat homebuyers in New Hampshire. By offering down payment and closing cost assistance along with flexible mortgage options, this program helps residents achieve their dream of homeownership with confidence and financial ease.
💡 What Is Home Flex Plus?
The Home Flex Plus program provides a 30-year fixed-rate mortgage combined with 4% cash assistance that can be used toward a down payment, closing costs, or prepaid escrow expenses. This cash assistance is a second mortgage with no monthly payment and is forgiven after four years of owning the home.
✨ Key Features of Home Flex Plus
- 4% cash assistance toward closing and down payment
- Forgivable second mortgage after four years of ownership
- Compatible with FHA, VA, RD, and conventional mortgage products
- Available to first-time and repeat homebuyers across New Hampshire
- Low fixed interest rates with approved participating lenders
- Applicable to both urban and rural properties throughout the state
🧱 Who Is Eligible for Home Flex Plus?
To qualify, applicants must meet the following criteria:
- Purchase a primary residence in New Hampshire
- Meet income limits set by county and household size
- Complete a homebuyer education course from an approved provider
- Have a minimum credit score of 620
- Be a U.S. citizen or legal permanent resident
📋 How to Apply for Home Flex Plus
Applying is easy and can be done through a network of participating lenders approved by New Hampshire Housing.
- Connect with an approved Home Flex Plus lender
- Get pre-qualified for a Home Flex mortgage
- Complete your required homebuyer education course
- Submit your application and start shopping for your home
Qualified buyers are also encouraged to explore eligibility for the Mortgage Credit Certificate (MCC), which may provide federal tax savings on mortgage interest.
👉 Visit Official Home Flex Plus Page
🔗 Explore More Housing Resources in New Hampshire
- 🏡 New Hampshire Public Housing
- 📊 How To Apply For Section 8 in New Hampshire
- 📌 Housing Choice Voucher New Hampshire
- 📝 New Hampshire First Time Homebuyer
- 💵 Down Payment Assistance Programs In New Hampshire
📣 Why Choose Home Flex Plus?
The Home Flex Plus program stands out for its flexibility, accessibility, and long-term financial value. For homebuyers struggling with upfront costs, this program delivers relief in the form of forgivable assistance and low-interest loans.
Whether you’re buying in Manchester, Nashua, Concord, or a smaller town, Home Flex Plus can make your journey to homeownership smoother and more affordable. Its adaptability to different types of loans ensures that buyers have a wide range of options based on their needs.
🎓 Homebuyer Education Is Key
All participants must complete an approved homebuyer education course. This ensures you understand your mortgage terms, monthly responsibilities, and budgeting skills to succeed as a homeowner. The education component increases your confidence as you navigate the homebuying process and strengthens your ability to maintain your mortgage long-term.
✨ Additional Support Through Lenders
Participating lenders trained in the Home Flex Plus program can walk you through the process from start to finish. These lenders offer personalized guidance, answer questions about eligibility and terms, and help you make informed decisions that fit your financial goals.
Home Flex Plus by New Hampshire Housing is a smart, impactful program that removes one of the biggest hurdles in buying a home—your down payment. With its mix of affordability and accessibility, it’s a top option for both new and returning homebuyers across the Granite State.
If you’re ready to buy a home and want to keep upfront costs low, this program is worth exploring.