First Time Homebuyer Programs in Maine
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a) Indian Housing Mortgage Insurance Program - This program provides mortgage insurance for property on tribal lands where restrictions on ownership prevent lenders from holding a mortgage on the property. In addition, the program also work towards providing lender loan guarantees for up to 30 years, and enables Native Americans who are building or buying homes on tribal lands to qualify for mortgage loans.

b) First Home Program - This homebuying program is tailored to assist first time homebuyers in the process of procuring a new home with little or no downpayment. This program is also equipped with a sudden unemployment protection feature.

c) Operation New Home Program - This provides low fixed rate mortgages to help veterans and active duty military buy homes even if they are not first time homebuyers. This program also offers mortgage options with no point, low points, and little or no down payment.

d) Disaster Assistance Loan Program - This program offers low-interest home-repair loans and home-replacement mortgages to homeowners whose homes have been damaged or destroyed in a declared natural disaster.

First Time Homebuyer Programs in Maine
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Additional Resources

category - Home Buying Programs

Downpayment Assistance Program for the First Time Home Buyers in North Carolina
In an attempt to contribute to the eradication of this problem, the North Carolina HFA has established the Downpayment Assistance Program for the First Time Home Buyers wherein they provide interest-free, deferred second mortgages up to $8,000 to cover the downpayment and closing costs of a chosen property.

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First Time Homebuyer Programs in Virginia
In 1972, the Commonwealth of Virginia has constituted the establishment of the Virginia Housing Development Authority in an effort to respond to the needs of Virginians who seek quality, affordable housing.

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Second Mortgage Loan Program and Mortgage Credit Certificate for Homebuyers in North Carolina
One of the more popular programs is the FirstHome Mortgage Program for First Time Homebuyers which offer significantly low interest rates and a rather low fixed 30-year mortgage plan.

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State of New York Mortgage Agency
The State of New York Mortgage Agency, otherwise referred to as SONYMA, is an agency established in the year 1970 in an attempt to address the shortages of funds within private banking systems that are specifically intended for residential mortgages within the State of New York.

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