The North Carolina Housing Finance Agency can help home builders reach a wider market of buyers for their new homes. Our NC Home Advantage Mortgage™ offers competitive rates and down payment assistance up to 5% of the loan that can make your homes more affordable for potential buyers. First-time buyers (those who haven't owned a home as their principal residence in the past three years) and military veterans with lower incomes may be eligible for the NC 1st Home Advantage Down Payment, which offers $8,000 in down payment help.
Or, your eligible first-time buyers and military veterans may prefer the NC Home Advantage Tax Credit, which offers up to $2,000 a year in federal tax savings for buyers who apply and are approved by us for a Mortgage Credit Certificate prior to their home purchase. Buyers of new construction can take up to 50% of their annual interest paid (capping at $2,000) as a tax credit.
Our financing options are available through participating lenders statewide and can help you move your inventory.