Down Payment Assistance Programs for First Time Home Buyers in Brown County, Nebraska
If you live in Nebraska and are interested in buying a home in Brown County – there may be down payment assistance programs available to you. Saving enough money for a down payment is one of the single biggest obstacles to homeownership – but it is entirely possible that down payment assistance is available to you and you aren’t even aware of it.
What is Down Payment Assistance?
It is any kind of program that is designed to help people get into a home. That may be a very broad definition, but down payment assistance programs are not always programs that hand out free money by giving you cash in a suitcase – they can take many different forms. Some examples of the different types of down payment assistance programs that may be available include: Grants, Silent Seconds, Delayed Repayment Loans, Interest Free Loans, and Lender Specific Programs. Since there are so many different types of programs that may be available – it is advised that you find the right loan officer who is knowledgeable in programs in your area.
Down Payment Assistance Programs in Brown County, Nebraska
- Nebraska Investment Finance Authority Homebuyer Assistance Advantage: The Homebuyer Assistance (HBA) Program combines the benefits of a first mortgage loan with a second mortgage loan for homebuyers purchasing a home within the State of Nebraska. The second mortgage loan provides down payment and closing cost assistance. For more information, Click here.
Mortgage Programs Available in Brown County, Nebraska
- Nebraska Investment Finance Authority First Home Plus Program: The First Home Plus Program provides a low-interest rate first mortgage loan for first-time homebuyers purchasing a home within the State of Nebraska. For more information, Click here.
Additional Home Buying Resources
HUD offers some resources to those people who are interested in learning more about the process of buying a home, and the information on HUD’s website is free. Just a few of the services that HUD offers information about include: housing counseling agencies, predatory lending, education, assistance programs, HUD homes for sale, homeownership vouchers, home repairs, avoiding foreclosure, making your home more energy efficient, and more.
Other Relevant Brown County Sites
- Nebraska Association of Realtors
- Brown County School
- Brown County Sheriffs
- HUD Homeownership Assistance for Nebraska