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Lenders sectionLenders & Servicers

What we offer

Our programs

Services for lenders

Income and sales price limits

Assistance for foreclosed properties

Training

Top producers

Mortgage Production Awards

 2008 Awards

How to become a participating lender

Loan process

Housing counseling resources

Information for servicers

Manuals, forms & affidavits

Frequently asked questions

HomebuildersHome Builders

Real Estate AgentsReal Estate Agents

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Resources

Online Lender Services

Marketing Brochures

Order Supplies

Income Limits
FirstHome Mortgage
$8,000 Downpayment Assistance
$4,000 Downpayment Assistance
MCC


Services for Lenders

Business benefits
Fee income
Online resources
Online rate lock
QuickClose
Training

Business benefits

The North Carolina Housing Finance Agency presents a number of options that can help you not only increase your loan volume to first-time home buyers but to save time and realize some monetary benefits in doing so.

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Fee income

You keep the origination fee (maximum 1%) for any loans you originate for our programs. In addition, you also receive $250 for any loans you originate that include the Agency’s downpayment assistance. The servicing premium is negotiated between you and the servicer.

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Online resources

Our guides and brochures are available as Adobe Acrobat PDFs. If you don’t have the Adobe Acrobat Reader, you can download it free of charge from Adobe.

You can also order supplies and printed copies of our guides and brochures using the "Order Supplies" link at the bottom of the column to the left.

Online Lender Services

Use our online system to submit loan reservations, lock in interest rates, and check the status of your loans. You can also download loan forms pre-filled with information you entered when you made the loan reservation.

Download the User Guide.

Go to Online Lender Services System.

Program guides

These guides have all the details about our programs, from eligibility guidelines for buyers, property, and lenders to all the forms and worksheets you’ll need to process and close a loan.

FirstHome Mortgage Program Guide

Mortgage Credit Certificate (MCC) Program Guide

Marketing brochures

Marketing brochures will help your clients understand our programs. You can download the pieces below in PDF format.

Let’s Make Home Happen (English) or Let's Make Home Happen (Spanish) is a thorough explanation for home buyers of our FirstHome Mortgage, downpayment assistance, Job Loss Feature and Mortgage Certificate Credits. Written in easy-to-understand language, it tells prospective home buyers about eligibility, qualifying incomes and home prices, recapture, and much more.

Buying Your First Home? Save up to $2,000 a Year on Your Income Taxes can educate your clients on how they might save up to $2,000 a year on their federal taxes by using a Mortgage Credit Certificate (MCC). Since the MCC is an immediate credit, your buyers can change the withholding allowances on their W4s and increase their take home pay, helping them to qualify for a home.Call Shelby Jeffries at 919-877-5710 to order copies of this flyer for your business.

Buying a Foreclosed Home? You May Qualify for $14,900 in Downpayment Assistance explains how first-time buyers purchasing foreclosed properties may receive help under the Neighborhood Stabilization Program.

For Sale: What Recapture Means for You (English) or For Sale: What Recapture Means for You (Spanish) explains the purpose and the process of recapture and also answers some frequently asked questions. Again, this piece is written with the home buyer in mind, so the language is clear and understandable.

Forms and applications

See a comprehensive list of all the forms and applications associated with our programs. You can also access these forms in the Online Lender Services system, where they will be pre-filled with information you’ve already entered to save you valuable time.

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Online rate lock

Using our Online Lender Services, you can lock in interest rates for 90 days, 24 hours a day, seven days a week.

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QuickClose

Lenders who qualify for our QuickClose process may close loans without prior approval from the Agency (i.e., no waiting period for the Conditional Commitment). To qualify, a lender must have closed at least 15 loans within the 12 months prior to applying for QuickClose status. The lender’s underwriter must meet certain criteria and complete training for QuickClose.

For further information, see Section 4.3 of the FirstHome Mortgage Program guide.

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       For Your First Home:

4.95%

for a 30-year, fixed-rate mortgage (90-day lock in) without NCHFA downpayment assistance.


More Interest Rates...

       What's New @ NCHFA

Housing NC Award Winners Announced
Five affordable housing developments received Housing North Carolina Awards on Nov. 3 during the N.C. Affordable Housing Conference at the Raleigh Convention Center.
Learn More...

Help Purchasing Foreclosed Properties

NC Receives $95 Million for Affordable Apartments

Home Protection Program Could Save Your Home

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North Carolina Housing Finance Agency   |   3508 Bush Street   |   Raleigh, NC 27609   |   919-877-5700  |   terms of use/privacy