03/12/2024
Down Payment Assistance in North Carolina is available! The North Carolina Housing Finance Agency assisted thousands of North Carolinians in purchasing homes with various financing options that make buying a new home affordable. I am now certified to assist homebuyers with obtaining down payment assistance (DPA) Here is what NC Home Advantage Mortgage™ offers:
1. DPA of up to 3% of the loan amount that can help first-time and move-up buyers get into a new home.
2. First-time home Buyer Assistance through the NC 1st Home Advantage DPA offers $15,000 in down payment help, which may provide a better boost for new buyers than the other down payment options available with the NC Home Advantage Mortgage™.
3. The NC Home Advantage Tax Credit can save up to $2,000 in federal taxes each year for buyers who apply and are approved for a Mortgage Credit Certificate before their home purchase. Community Home Buying Programs
4. NC Home Advantage also works with local nonprofits and government agencies to offer DPA through our community home-buying programs. If you are buying a home and your income is below 80% of your county’s median income, you may be eligible for up to 25% of the sales price in DPA help (maximum loan of $50,000) through our Community Partners Loan Pool.
5. Finally, the Self Help Loan Pool provides zero-interest, shared mortgage financing to eligible low—and moderate-income buyers.
There are so many options to assist families in reaching their dream of homeownership. Are you Ready to buy, sell, build, or invest?🏡 🔑Please reach out today so we can discuss these programs or any of your other real estate needs.
✨Tami Sturdivant, Broker/Realtor 👩🏻💼 ✨
📲 336-588-5667🧏🏻♀️
