Assistance Program Search

Show All Programs

Number in household:
For first time buyers only?:
Annual Income:

Area(s) selected:
Program(s) selected:

 


NC Housing Finance Agency Downpayment Assistance
North Carolina Housing Finance Agency
http://www.nchfa.com

Program Overview


NC Housing Finance Agency Downpayment Assistance is a program that offers interest-free, deferred payment loan for closing costs and down-payments. Statewide


Who is eligible for this program?


Borrowers must meet income eligibility requirements. Funds may be used for a down-payment or closing costs.

Household Income Limit: $ 77100
Is this program for first time buyers only? No


Property Eligibility Requirements


Statewide
The sales price cannot exceed $ 225000.


Benefit Details


Deferred payment, no-interest loans for closing costs or down-payment assistance. Maximum loan of $8,000.

Benefit: Second-mortgage loans for closing costs or down-payment.
Loan Term:30 years
Owner Occupancy Required:Yes
Other Program Comments:Repayment is deferred for 30 years, or if the home is sold, transferred, or refinanced, or if it is no longer the borrower's principal residence. Application is made through participating lenders.

Please note: Every attempt is made to reflect accurate and up to date information on housing programs displayed on this site. Some inaccuracies may exist. For verification contact a certified REALTOR member.



For more information about this and other homebuyer programs please contact one of the following:

Find a Realtor® in Your Area

 

 



Home  |   Program Search  |   Home Buying Process  |   Consumer Issues  |   Education   |   About
     
This site is sponsored by the Charlotte Regional Realtor® Association
Copyright © 2017 Kansas City Regional Association of Realtors®