Nebraska NIFA Loans | First-Time Buyer Down Payment Help

Nebraska NIFA loans provide first-time homebuyers throughout the state with below-market interest rates, and optional down payment assistance. Offered statewide by the Nebraska Investment Finance Authority since 1974, these programs combine with FHA, VA, USDA, or conventional financing to make homeownership more affordable. If you haven’t owned a home in the past three years and are buying in Lincoln, Omaha, or anywhere in Nebraska, NIFA programs could save you thousands through lower rates and help with upfront costs.

Frequently Asked Questions

Who qualifies as a first-time homebuyer for NIFA in Nebraska?

Anyone who hasn’t owned a principal residence in the past 3 years (there are a few exceptions to this rule). If married, both spouses must meet this requirement. Veterans, active military, and people with disabilities may be exempt.

How much down payment assistance does NIFA provide?

The Homebuyer Assistance Program offers up to 5% of the purchase price paid back over 10 years at 1% interest.

What are the NIFA income limits for Nebraska?

Limits vary by county and household size but typically range from $93,000-$103,000 in most areas. Higher limits apply for households with 3+ dependents. Limits are updated annually.