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.

Exploring local and national first-time home buyer assistance programs is an important step in the journey to homeownership.

Many state housing authorities combine down payment grants — or no-down-payment mortgages — with favorable interest rates and even federal tax breaks. 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: Best mortgage lenders for first-time home buyers

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

NOTE: Due to the coronavirus outbreak, obtaining a mortgage may be a bit of a challenge. Lenders are dealing with demand and staffing issues. For the latest information on how to cope with financial stress during this emergency, see NerdWallet’s financial guide to COVID-19.

Find first-time home buyer programs and lenders in your state

Northeast

Midwest

South

West

Other first-time home buyer resources

In addition to exploring local and national first-time home buyer programs, you’ll also want to calculate how much home you can afford, 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 5 tips for finding the best mortgage lenders to learn more.

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