The NC Home Advantage Mortgage™ provides eligible home buyers with competitive interest rates and down payment assistance up to 5 percent of the loan amount. These loans are funded through the sale of government-insured, Fannie Mae-incurred or Freddie Mac-incurred mortgage-backed securities.
Your first-time home buyers and military veterans with lower incomes may be eligible for the NC 1st Home Advantage Down Payment, which provides $8,000 in down payment help.
Using our down payment assistance, you can offer your customers up to 100 percent financing on FHA, USDA and VA loans. We also offer 3 percent down payment assistance on conventional 97 percent LTV loans, minimizing the upfront investment for your customers. Reservations for the NC Home Advantage Mortgage™ are made through our Online Lender Services (OLS) system.