Welcome home first time homebuyers guide to purchasing your new rocklyn home step 1 sales select home design select a homesite discuss with community sales manager the included features for your selected home. At least one third of the funds are reserved for first time homebuyers the fhlb will track the use of welcome home funds for first time homebuyers and will impose no special requirements as long as the targeting is met member eligibility within the availability of funds all members are eligible to receive up to 200000 of welcome home funds per. Homebuyers must remain in the home for five years when you sell your home at a profit welcome home will prorate the funds you have to pay back you do not have to be a first time homebuyer to participate but all first time homebuyers must complete a homebuyer counseling program you cannot own two homes at once. Welcome home opens the door for new hampshire first time buyers with low to moderate income levels to purchase one unit residential homes we make it affordable for borrowers to buy and stay in their homes by reducing both monthly payments and the down payment requirement please note that homebuyer education is a requirement of this program. First time home buyers down payment as a first time home buyer you have to do a little bit of homework on the kind of home you want the kind of neighborhood you want to reside the amenities your home should have and most importantly the cost of the home if you can afford to buy it
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