For most of us, buying a home is the largest investment we'll make in our lives, so take the time to speak to different lenders and see what offers are available to you.
Getting several competing quotes and getting the best offer can save you thousands over the course of your loan.
Also be sure to refer to HUD's list of approved housing counseling agencies (link below) as they can provide you with numerous mortgage options as well. In many cases, many of these approved housing counselors have specific education courses designed for first time homebuyers and other individuals interested in learning more about buying a home in Nebraska.
By contacting several of these lenders, you'll stand a better chance of finding a professional you're most comfortable with. In most cases, finding the right mortgage starts with finding the right mortgage professional you can trust.
Special Mortgages and Home Loan Program Only Available in Nebraska
Nebraska offers a number of homeownership opportunities through different home loan programs and mortgage assistance. The Nebraska Investment Finance Authority is a privately invested organization which offers below market fixed interest rate mortgages. The NIFA offers the First Home and First Home Plus programs which provide affordable financing options to eligible borrowers at minimal costs.
In addition, NIFA offers a down payment assistance program for eligible borrowers, funded by the Federal Home Loan Bank's (FHLB) Affordable Housing Program (AHP). For borrowers who cannot meet these eligibility requirements, the Nebraska Consumer Credit Counseling Service also offers many helpful mortgage related education courses. Some of these course topics include pre-purchase homebuying counseling, homebuyer education programs, mortgage delinquency prevention, home equity conversion and reverse mortgages, and post purchase education programs.
Additional Mortgage Information and Helpful Tools
In addition to these programs, both homebuyers and homeowners should take advantage of our special mortgage calculators available to everyone. Potential homebuyers should definitely use our mortgage quote comparison calculator and affordability calculator to evaluate and compare different mortgage offerings. Existing homeowners considering a possible mortgage refinance can use our refinance calculator and amortization chart to evaluate the costs of refinancing and estimate any potential savings.
In addition to these tools, below you will find a short list of links to mortgage and home loan information specific to Nebraska. The information provided ranges from general property tax information, FHA and government home loans, reverse mortgages, first time homebuyer education courses, and even foreclosure avoidance tips.
Nebraska Mortgage, Home Buyer & Homeowner Resources
- The Nebraska Investment Finance Authority provides multiple homeownership opportunities through the investment of private capital
- NIFA single family home resource page includes home buying information as well as loan opportunities for eligible first time home buyers.
- Detailed list of HUD Approved Housing Counseling Agencies within Nebraska along with necessary contact information
- The Consumer Credit Counseling Service provides helpful Homebuyer Education programs through their HECM certified Counselors in Nebraska.
- USDA Rural Development Housing program provides housing opportunities to eligible borrowers interested in affordable housing in rural areas of Nebraska
- Residents of Nebraska can find helpful general property tax information at the Department of Revenue's property assessment division
- U.S. Department of Housing and Urban Development resource page for homeowners in the State of Nebraska
- Detailed list of HUD approved foreclosure avoidance counseling agencies located in Nebraska.
- Nebraska's FHA home loan limits separated by county name
- The Nebraska Bankers Association is dedicated to improving the banking industry as well as providing education to consumers.
- For more information about the State of Nebraska, view the latest report from the U.S. Census Bureau along with its detailed data.
