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 $8000 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 $2000 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!

Why We Overspend

Often, our spending decisions are ruled by feelings. When our willpower is low and suggestive advertising is prevalent, we may fall victim to certain triggers and spending traps. Understanding how … Continue reading