First-Time and Move-Up Home Buyers
Purchasing a home can be overwhelming and complicated. It is our goal to make it simpler by offering affordable mortgage options and connecting you with experienced home buying partners.
Down Payment Assistance
For both first-time and move-up home buyers, our NC Home Advantage Mortgage™ provides qualified individuals with stable, fixed-rate mortgages and down payment assistance up to 5% of the loan amount. Repayment of our down payment options is required only if you sell, refinance or transfer your home before year 15—the down payment assistance is forgiven at 20% per year at the end of years 11-15, with complete forgiveness at the end of year 15.
As an added bonus, if you are a first-time buyer or a military veteran, you may also be eligible to combine this program with the NC Home Advantage Tax Credit which could save you up to $2,000 per year on your federal taxes if you apply and are approved for a Mortgage Credit Certificate by the NC Housing Finance Agency prior to your home purchase.
We offer these products statewide through participating lenders statewide.
Want to learn more first? Watch the video below about how NC Home Advantage Mortgage™ may be your perfect mortgage match. And then see the eligibility requirements on this page to see if you might qualify and to learn how to get started.