North Carolina Housing Finance Agency

3508 Bush Street | Raleigh, NC 27609

print this window     close this window

Contact:
Margaret Matrone, NCHFA, 919-877-5606, mamatrone@nchfa.com
Connie Helmlinger, NCHFA, 919-877-5607, cshelmlinger @nchfa.com

April 18, 2007

Home Buyer Fair Highlights Low-Interest Mortgages,
Downpayment Assistance for First-Time Buyers

First-time home buyers can learn how to punch up their purchasing power at a Home Buyer Fair at Baptist Grove Church in Raleigh on April 28, 11 a.m.-1 p.m.

Sponsored by state Rep. Grier Martin, the Home Buyer Fair will provide opportunities for potential buyers to learn about the North Carolina Housing Finance Agency’s mortgages and downpayment assistance.

Highlights:      Information on FirstHome Mortgage and Other Home Buying Programs
Learn how to qualify for the Agency’s 30-year, fixed-rate mortgages, currently at 5.75% interest (100% financing available). Buyers may qualify with incomes as high as $80,000 (for a family of three) and for homes with sales prices up to $200,000. Downpayment assistance up to $7,000 is available to buyers with lower incomes, in the form of a zero-interest, deferred loan.

Panel of Home Buying Experts
Panel includes Deborah Chaney, N.C. Housing Finance Agency underwriter; Michelle Barrow, a realtor with Keaton Barrow Realty; and Astrid Taylor, a mortgage loan office with RBC Centura.

Date/Time:      April 28, 11 a.m.-1 p.m.

Location:         Baptist Grove Church, 7109 Leesville Road, Raleigh.

The N.C. Housing Finance Agency is a self-supporting public agency that has financed more than 74,000 homes statewide for working families and individuals. To learn more, go to www.nchfa.com.  

# # #

print this window           close this window