Finance
NH first-time homebuyers may benefit from the NH Housing Finance Authority (NHHFA) programs because they offer:
AFree homes to qualifying first-time buyers
BBelow-market interest rates, down payment assistance, and homebuyer counseling✓ Correct
CTax exemptions on property purchases
DZero-cost title insurance
Explanation
NHHFA provides NH residents — particularly first-time buyers — with below-market mortgage rates, down payment assistance loans, and free homebuyer education courses to make homeownership more accessible.
Related New Hampshire Finance Questions
- A NH buyer uses a VA loan to purchase a home. Which of the following is true about VA loans?
- A NH homebuyer's 'pre-qualification' for a mortgage differs from 'pre-approval' in that pre-qualification is:
- A NH lender is required to provide the Loan Estimate (LE) to a borrower within how many business days of receiving a complete loan application?
- Under the Real Estate Settlement Procedures Act (RESPA), which of the following is prohibited in a NH residential mortgage transaction?
- Trigger terms in mortgage advertising under TILA include disclosing the full finance terms when an ad mentions:
- A New Hampshire seller who pays the buyer's closing costs as a seller concession must ensure the total concessions do not exceed:
- A NH lender's 'points' charged at origination increase the effective cost of the loan because:
- A 'portfolio loan' offered by a NH community bank is one that:
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