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.
NerdWalletJul 27, 2021

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.

What’s inside

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  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: 

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

In addition to exploring local and , you’ll also want to calculate , prepare your credit and get to know the mortgage lending landscape, where hundreds of banks, credit unions and mortgage companies compete.

Lenders vary by loan offerings, customer service, credit requirements and fees. Understanding the options will help you get a foothold. See our to learn more.

On a similar note...
Dive even deeper in Mortgages