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FOR THAT PERFECT FIXER-UPPER - HOME FLEX PURCHASE REHAB

About the Home Flex Purchase Rehab Program

Not every home on the market is move-in ready.  Sometimes a house needs a few repairs to make it a perfect home. That is where New Hampshire Housing’s Home Flex Purchase Rehab Program may help you!

 

What are the benefits

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  • Up to $35,000 in funds for rehab costs and fees;
  • One-time closing on the mortgage and rehabilitation loan;
  • No rate adjustments for credit or other overlays;
  • Can be combined with Home Flex Plus, which provides up to 3% cash for downpayment and closing costs;
  • Low- or no-money downpayment options depending on mortgage insurer guidelines;
  • Shop locally! Instate partners invest in NH and may provide for a quicker turn around on disbursements; and
  • You stay in control of what improvements are done and who does them.
 

What types of repairs are covered?

  • Renovations and improvements designed to address obsolescence;
  • Cosmetic repairs or upgrade;
  • Energy efficiency improvements;
  • Safety improvements; and
  • Improvements to extend the useful life of the property.

 

How to apply

To see if you qualify for a Home Flex Purchase Rehab Loan, contact one
of our Participating Lenders today!

 

Please note: No structural repairs are allowed under this program. Your Participating Lender will be able to guide you on whether or not a specific repair qualifies under the Home Flex Purchase Rehab Program.

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