First Time Home Buyer Nc. Please note that all programs listed on this website may involve a second mortgage with payments that are forgiven deferred or subsidized in some manner until resale of the mortgaged property. Nc 1st home advantage down payment for 8 000 in down payment assistance to eligible.
Locate contact information for state agencies employees hotlines local offices and more. The other program allows 5 in down payment grants for all government loans. Nc 1st home advantage down payment for 8 000 in down payment assistance to eligible.
One first time home buyer grant provides you with 3 that can be used for closing costs or a down payment on a conventional loan or a fha loan.
Managed by the north carolina housing finance agency the program also offers down payment assistance of up to 5 of the total loan. First time home buyers in north carolina can benefit from the stable fixed rate mortgages offered by the nc home advantage mortgage. The other program allows 5 in down payment grants for all government loans. Similar to the other down payment assistance options available with the nc home advantage mortgage this down payment help is a 0 percent deferred second mortgage which is forgiven 20 percent per year at the end of years 11 15 with complete forgiveness at the end of year 15.