First Time Home Buyer Nc Loans. The other program allows 5 in down payment grants for all government loans. Mortgage credit certificates mcc are issued through the nc housing finance agency for mortgages used to purchase a member s first home.
The other program allows 5 in down payment grants for all government loans. Nc home advantage mortgage for up to 5 down payment assistance for eligible first time and repeat buyers. This means that as long as you stay in your home and do not sell it or refinance you will not have to pay the money back after 5 years.
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.
First time home buyers in north carolina can benefit from the stable fixed rate mortgages offered by the nc home advantage mortgage. It excites us to offer affordable and flexible home loan products for north carolina buyers. Although there are other nc down payment assistance programs this dpa option provides advantages in some instances. The other program allows 5 in down payment grants for all government loans.