Nome Buyers: AHFC’s 3% Down Payment Option Makes Homeownership More Attainable

If you've been thinking about buying a home in Nome but the down payment has felt out of reach, Alaska Housing Finance Corporation’s 97% loan-to-value (3% down) program continues to be one of the most helpful tools available to Alaskans. This established AHFC option reduces the upfront cash needed for a home purchase, making it easier for first-time buyers, families, and veterans to plant roots in Nome.

Backed by AHFC’s strong financial ratings and low delinquency rates, this program offers competitive interest rates, low down payments, and in-state loan servicing—key benefits for rural Alaska communities like Nome.

Why Nome Homebuyers Benefit

Nome’s real estate inventory is limited, and saving tens of thousands for a down payment can be a major barrier. AHFC’s 3% down option helps buyers:

• Save significantly on upfront costs

• Compete more effectively in our tight Nome market

• Access lower interest rates compared to many conventional loans

• Work with Alaska-based loan servicing if financial hardship ever arises

Homebuyers are also encouraged to take AHFC’s free HomeChoice™ and FinallyHome! classes to better prepare for a successful purchase.

Thinking About Buying in Nome? Let’s Talk.

I work daily with Nome buyers using AHFC loan programs, and I can help you understand:

• Which AHFC option fits your situation

• How much you need for a down payment

• What you qualify for in today’s market

• What homes or land in Nome best match your budget

• How to get pre-qualified with AHFC-approved lenders

Whether you're ready to start shopping now or just want to explore possibilities, I’m here to guide you.

📞 Melissa K. Ford, Broker/Owner – Nome Sweet Homes
📧 [email protected]
📱 907-304-2871

Real estate in Nome moves fast. If you're curious about buying—let’s start the conversation.