At the North Carolina Housing Finance Agency, we are dedicated to providing home buyers with safe, stable mortgages and down payment help that make home ownership affordable. Our NC Home Advantage Mortgage™ offers down payment assistance up to 5 percent of the loan amount that can help first-time and move-up buyers get into a new home.
First-time buyers (those who have not owned a home as their principal residence in the past three years) and military veterans may be eligible for other products as well. The NC 1st Home Advantage Down Payment offers $8,000 in down payment help that may provide a better boost for new buyers than the other down payment options available with the NC Home Advantage Mortgage™. Or, these buyers may qualify for the NC Home Advantage Tax Credit, which can save them up to $2,000 a year on their federal tax liability with a Mortgage Credit Certificate.
As a public agency with a mission to create housing opportunities for North Carolinians, we have helped more than 115,000 home buyers. Whether you are a first-time home buyer or a current homeowner looking to move up, we may be able to help you, too!