NIFA Homebuyer Assistance Program (HBA) - Nebraska Investment Finance Authority (NIFA)
Nebraskans who meet NIFA’s first-time buyer criteria can buy a home with a minimal $1,000 investment with the help of HBA.
Includes both a first and second mortgage loan.
The first mortgage has a higher interest rate to include assistance for down payments and closing costs.
The second mortgage loan limit is 5% of the home’s purchase price, with a 10-year term and a 1% interest rate.
Please note that the minimum investment might exceed $1,000 based on the loan type and the seller’s contribution to closing costs.