NC Home Advantage Mortgage™

The NC Home Advantage Mortgage™ provides eligible home buyers with down payment assistance up to 3% of the loan amount, competitive interest rates and up to 100% financing on FHA, USDA and VA loans. We also offer 3% down payment assistance on conventional 97% LTV loans, reducing the amount of money your buyer has to bring to the table.

Your first-time home buyers and military veterans with lower incomes may be eligible for the NC 1st Home Advantage Down Payment, which provides $15,000 in down payment help. 

Loans are offered through participating lenders statewide.

Buyer Eligibility

To be eligible for the NC Home Advantage Mortgage™, your buyers must:

  • Purchase a home in North Carolina.
  • Occupy the home as their principal residence within 60 days of closing.
  • Have an income not exceeding $140,000.
  • Have a credit score of 640 or higher.
  • Be a legal resident of the United States.

Property Eligibility 

The NC Home Advantage Mortgage™ can be used to purchase:

  • Single-family homes.
  • Townhouses.
  • Condominiums.
  • Duplexes (FHA loans only).
  • New manufactured homes (for buyers with 660 credit scores who use FHA, VA or USDA mortgages).

Get started

    1. If you’d like to provide your clients with more information on the NC Home Advantage Mortgage™, we have materials to help explain how it works.

      Download NC Home Advantage Mortgage™ Brochure

    2. Want to be a Preferred Real Estate Agent with our Agency? Attend a training class on our mortgage products, earn CE toward your license and get listed on our website!

      Find a Training Class