First-Time Home Buyer Programs by State

Dated: July 30 2020

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First-Time Home Buyer Programs by State

Down payment and closing cost assistance, special loans with reduced interest rates, and much more are available to first-timers. Learn about the resources and participating lenders in your area.

Exploring local and national first-time home buyer assistance programs is an important step in the journey to homeownership.

Many state housing authorities combine closing cost and down payment assistance  programs with mortgages that have favorable interest rates. Some states even offer tax credits you can use on your federal tax return. These first-time home buyer assistance programs boost buyers’ chances of owning homes in particular geographic areas, or help borrowers in certain professions, such as educators, first responders, or active-duty military and veterans.

» FIND: Best mortgage lenders for first-time home buyers

Buying a first home is a big deal, so it’s natural to feel a bit overwhelmed. See our tips for first-time home buyers to get an overview of what to do, mistakes to avoid and links to more resources.

NOTE: Due to the coronavirus outbreak, obtaining a mortgage may be a bit of a challenge. Lenders are dealing with demand and staffing issues. For the latest information on how to cope with financial stress during this emergency, see NerdWallet’s financial guide to COVID-19.

Find first-time home buyer programs and lenders in your state

Northeast

Midwest

South

West

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Lisa Handley

Lisa Handley – Making Real Estate Refreshingly RealLisa Handley isn’t your average real estate agent—she’s your go-to problem solver, staging pro, renovation whisperer, and loc....

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