Lender Selling Guide

Our Mortgage Programs

New Hampshire Housing offers a variety of mortgage products for low- to moderate-income households. Features include cash assistance for downpayment and closing costs, low PMI products, purchase/rehabilitation loans, and mortgage credit certificates (MCC) (Homebuyer Tax Credit Program) that can save buyers up to $2,000 on their taxes.

Home Flex Program Information

Our Home Flex program offers cash for downpayment and closing costs, and can also provide funds for rehabilitation of the property. Our government-insured programs (FHA, VA, RD) offer many great options, including money for downpayments and closing costs, rehab loans, and refinancing.

Home Preferred Program Information

Home Preferred and Home Preferred Plus beat HomeReady® by offering great features only available to lower-income borrowers:

  • Minimum MI coverage (18%) — lower than HomeReady®!
  • No loan level price adjustments
  • Up to 3% downpayment assistance
  • Lowest possible rate for borrowers at or below 80% AMI
  • Minimum 620 credit score

Home Start Homebuyer Tax Credit Program (MCC) Information

Our Homebuyer Tax Credit Program provides borrowers with an MCC, which can give them up to $2,000 toward their federal taxes every year for the life of the mortgage loan.

Questions? Email underwriters@www.nhhfa.org


All program forms may be found in the Forms section.

If you are a Participating Lender or Participating Originator and have questions about our mortgage products, please email underwriters@www.nhhfa.org

Updates, Policies and Reminders

February 19, 2020 – Manufactured Homes Data Requirements

January 30, 2020 – Post Closing Items 

January 10, 2020Non-Borrower Owner Policy Update

November 15, 2019Loan Servicing Update: Post-Closing Adjustments 

October 8, 2019Escrow Payments

June 17, 2019 – Borrowers with Marijuana Income

June 10, 2019Fellowship Program, Class of 2020

May 24, 2019Income Limits for Loan Programs, Including Income and Purchase Price Limits for HomeStart Homebuyer Tax Credit (MCC)

May 22, 2019Lender Online Portal Is Being Replaced

April 22, 2019 – Tax Return Requirement 

March 13, 2019Rate Notice: 5.25%

March 12, 2019Refinance Daily Rates Posting

February 28, 2019USDA RD 203KRehab Loan- Clarification

February 21, 2019 – Downpayment Assistance – NHHFA Is Your Known and Trusted Source

February 11, 2019USDA RD Rehabilitation Loan Changes

February 11, 2019 – Lender Online Reservation Loan System

January 4, 2019Government Shutdown

December 19, 2018 – One Loan per Borrower

November 15, 2018Lender Online New Login Process

October 10, 2018 – Lender Online and VirPack Offline

September 28, 2018Escrow Payments

August 23, 2018Information Notice to County Registries of Deeds

August 23, 2018 – Lender Online Security Update

August 10, 2018 – Lender Notice: IRS Tax Transcripts

May 31, 2018 – Income Limit Change

April 25, 2018Lender Online

February 2, 2018Delivery of Legal Documents and Compliance Policy

January 24, 2018Change to Allonge/Endorsement on the Note