News Release: 10/25/2024

Next Wave Mortgage Launches New Websites to Support First-Time Homebuyers in New Hampshire with Down Payment Assistance and Affordable Financing Options

Fort Lauderdale, FL — Next Wave Mortgage, a leading mortgage provider dedicated to helping buyers achieve affordable homeownership, is pleased to announce the launch of two dedicated websites to aid first-time homebuyers in New Hampshire. The sites, New Hampshire Housing Program and New Hampshire Down Payment Assistance, offer comprehensive resources, financial aid options, and eligibility tools designed to make homeownership more attainable for New Hampshire residents.

The New Hampshire Housing Program site offers prospective buyers access to a range of assistance options, including up to $15,000 for down payment and closing costs. This program also features:

• 30-year fixed-rate mortgages with low or no down payment options.
• Reduced mortgage insurance for eligible buyers, providing added affordability.
• Homebuyer education classes to equip buyers with essential homeownership knowledge.
• Eligibility for diverse property types, including single-family homes, condos, manufactured homes, and 1-4 unit owner-occupied properties.

Through these options, first-time homebuyers can confidently approach the purchase process with a clear understanding of available resources.

The New Hampshire Down Payment Assistance site also highlights targeted assistance in Nashua and Portsmouth:

• Nashua Homebuyer Assistance Program provides up to $10,000 in conditional grants, covering down payments, closing costs, and interest rate buy-downs. Designed for low- to moderate-income buyers, this program requires the completion of a HUD-certified homebuyer education workshop and is limited to Nashua properties.
• Portsmouth HomeTown Program offers deferred loans with 0% interest for qualifying residents and employees in Portsmouth, assisting with down payments and closing costs. This program is secured by a second mortgage, with repayment due upon sale.

"We are committed to empowering first-time homebuyers in New Hampshire with valuable resources and innovative financing solutions to make homeownership accessible and sustainable," said Phil, President of Next Wave Mortgage. "Our new websites are designed to streamline the process and offer vital support, from educational resources to financial assistance, for those ready to take the first step toward homeownership."

These programs collectively offer a range of flexible financing options, tailored support, and homebuyer education, ensuring that first-time buyers are well-prepared and supported throughout their journey to homeownership in New Hampshire.

For more information, visit New Hampshire Housing Program or New Hampshire Down Payment Assistance.