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$15,000 Special Down Payment Assistance

Are you buying a home in Cabarrus, Cumberland, Guilford, Johnston or Mecklenburg Counties? That home purchase might be more affordable than you thought! If you meet certain criteria, you may qualify for $15,000 in down payment help in the form of a deferred, forgivable, five-year loan at zero interest. This loan is forgiven at a rate of 20% per year each year that you stay in the home, and fully forgiven after year 5. See eligibility requirements below. 

The $15,000 down payment assistance for first-time home buyers is funded through the U.S. Department of the Treasury’s Hardest Hit Fund®. The five counties were selected based on a defined set of distressed housing market indicators and other criteria approved in cooperation with the U.S. Department of the Treasury. 

If you are not purchasing a home in one of the five targeted counties or are not a first-time buyer, you still may be eligible for down payment help up to 5% of the home price—available statewide with the N.C. Home Advantage Mortgage™


      Am I Eligible?

      You may be eligible for the $15,000 Down Payment Assistance if:

      • You are a first-time home buyer or military veteran
      • You have a credit score of 640 or higher
      • You complete an in-person or online home buyer education course
      • Your annual income doesn’t exceed certain limits

      What Properties Are Eligible?

      • Previously-occupied homes with a sales price at or below $245,000

      Get Started


      If you are eligible for NC Home Advantage Mortgage™ with the $15,000 Down Payment Assistance, download our home buyer certificate to take to a participating lender.

      Download Home Buyer Certificate


      Ready for the next step? Browse our list of participating lenders to find one near you!

      Find a Lender