Are there programs for first-time homebuyers?

Purchasing a home is the biggest single purchase most people make. North Carolina has a program called NC Home Advantage for first-time and move-up homebuyers in North Carolina. The program not only offers qualified borrowers affordable fixed-rate mortgages, it also offers down payment assistance.

If you’re a first-time homebuyer or a military veteran who meets eligibility criteria, you may also be qualified for up to $15,000 down payment assistance and the opportunity to combine your NC Home Advantage Mortgage with the NC Home Advantage Tax Credit. The tax credit could save you up to $2,000 per year in Federal taxes; however, it cannot be combined with the NC 1st Home Advantage Down Payment. Contact one of our Loan Officers to learn more about the program!