Essential Tips for First-Time Home Buyers in Nebraska

Kristie Kuo

1/31/20252 min read

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brown fabric sofa set

Getting Ready to Buy Your First Home

Buying your first home can be an exhilarating yet daunting experience. As a first-time homebuyer in Nebraska, there are certain things you need to know to ensure the process goes smoothly. The key is preparation. First, gather the necessary documents for your pre-approval letter. This might include your financial statements, tax returns, and proof of income. If you give me a call, I’d be happy to connect you with a lender.

Understanding Your Financing Options

When it comes to financing your new home, there are several options available. One unique opportunity for first-time home buyers in Nebraska is the NIFA loan program, offered through the Nebraska Investment Finance Authority. These loans are designed to help families secure a home without the heavy burden of a large down payment. That’s right; you can become a homeowner with less upfront cost! However, eligibility requirements must be met, which include being a first-time homebuyer, meeting specific income thresholds, and passing a credit check.

Why Work with a Certified Agent?

As a NIFA-certified agent, my role is to make this experience as seamless as possible for you. With years of experience helping first-time buyers in our local communities, I have the insights and tools at my disposal to help you succeed. You don't have to tackle this alone! In fact, having a knowledgeable expert by your side means you can focus on what truly matters—finding the right home. If you have questions about the buying process or what documents you need, please reach out to me, Kristie Kuo. I'm here to support you every step of the way.

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Nebraska home buyer overview

The median home price in Nebraska was $280,700 in December 2024, according to Redfin. That increased 2.1% year-over-year.

First-time home buyer loans in Nebraska

If you’re a first-time home buyer in Nebraska with a 20% down payment, you can get a conventional loan with a low interest rate and no private mortgage insurance (PMI)

Nebraska Home Buyer Overview and Stats are from the link below:

https://themortgagereports.com/91640/nebraska-first-time-home-buyer-programs-grants

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Kristie Kuo, Realtor

ABR, PSA, MRP

402-720-8671

kristie.kuo@bhhsamb.com