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NIFA - Nebraska Investment Finance Authority
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Single Family
First Home Plus

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.

NIFA's definition of a first-time buyer is someone that has not owned and lived in a home within the past 3 years. Certain exceptions apply if a home was lost by divorce, forced job relocation or natural disaster. There are maximum income and purchase price limits that apply to all homebuyers. You must live in the home as your principal residence.

All homebuyers must have a minimum credit score of 660 for FHA loans and 640 for all other loan types to qualify. If you do not have a credit score, you may still qualify. There is a maximum debt to income ratio requirement of 45% for all government loans and 50% for conventional loans. Contact a participating lender for more information.

The First Home Plus interest rate is subject to change from time to time. Homebuyers have the option of choosing a government or conventional loan product.

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Nebraska Investment Finance Authority - NEW
200 Commerce CourtBullet1230 'O' StreetBulletLincoln, NE 68508
Phone: 402-434-3900Bullet800-204-NIFA (6432)
Fax: 402-434-3921BulletE-mail: info@nifa.org