Program guide
What to know before you click through
This is still the free fact layer. Open the official source when a detail affects eligibility, repayment, lender choice, or whether this path should stay on your shortlist.
Who qualifies?
New Hampshire homebuyers using an NH Housing participating lender, Borrowers buying an owner-occupied primary residence with 1 to 4 units, Repeat buyers because the base Home Preferred product is not limited to first-time homebuyers, Borrowers using the below-80%-AMI pricing lane with reduced mortgage insurance or the above-80%-AMI lane within NH Housing limits
What support do you get?
NH Housing Home Preferred is a statewide conventional first-mortgage path that can be paired with Home Preferred Plus cash assistance of $5,000, $10,000, or $15,000. The cash-assistance layer is a 0% second mortgage with no monthly payments and a 30-year term.
Do you repay it?
The Home Preferred first mortgage is a fixed-rate 30-year loan. The Home Preferred Plus cash-assistance layer is secured by a second mortgage with no interest and no periodic payments, and it becomes due in full if the buyer prepays or refinances the first mortgage, sells or transfers the property, files bankruptcy, or stops using the property as a primary residence.
How do you apply?
Contact an NH Housing participating lender, reserve a Home Preferred loan, use the daily rates page to confirm the current below-80%-AMI or above-80%-AMI lane, and add Home Preferred Plus cash assistance if available. Homebuyer education is required if the borrower is a first-time buyer or uses the cash-assistance layer.
Official source evidence
Current NH Housing materials show that Home Preferred remains a fixed-rate 30-year statewide first mortgage that is not limited to first-time buyers, while Home Preferred Plus provides $5,000, $10,000, or $15,000 of 0% cash assistance as a no-payment second mortgage.
View official source
Last verified
2026-04-22
Current 2026 Home Preferred fact sheet verified 2026-04-22
Paid preview
What paid access adds for NH Housing Home Preferred
See the shape of the comparison output, risk checks, lender questions, and next-step checklist before you decide whether this program is worth carrying into the paid layer.
Example paid output for this program. The free page stays visible either way.
Comparison preview
NH Housing Home Preferred
Amount: NH Housing Home Preferred is a statewide conventional first-mortgage path that can be paired with Home Preferred Plus cash assistance of $5,000, $10,000, or $15,000. The cash-assistance layer is a 0% second mortgage with no monthly payments and a 30-year term.
Repayment: The Home Preferred first mortgage is a fixed-rate 30-year loan. The Home Preferred Plus cash-assistance layer is secured by a second mortgage with no interest and no periodic payments, and it becomes due in full if the buyer prepays or refinances the first mortgage, sells or transfers the property, files bankruptcy, or stops using the property as a primary residence.
First-time buyer: Not required
Risk checks preview
What gets flagged before you call a lender
- NH Housing Home Preferred requires a participating lender.
- NH Housing Home Preferred must be paired with a specific first mortgage.
Lender questions preview
Questions tied to this exact path
- Is your team approved to originate NH Housing Home Preferred for this household and loan setup?
- Which first-mortgage product must be paired with NH Housing Home Preferred, and what breaks eligibility?
Action checklist preview
What you would do next
- Review the official NH Housing mortgage programs page for NH Housing Home Preferred
- Ask whether your lender is approved for this exact program and loan structure.
