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Let's Make Home the Goal
"Various types of homes available for purchase, including single-family houses, townhomes, and condominiums"

"Your Path to Homeownership Begins Here: Let's Make Your Dream a Reality!"

NC Down Payment Assistance Programs

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North Carolina Housing Finance Agency (NCHFA)

Community Partners Loan Pool Program

- up to $50,000 or 25% of mortgage

- income at or below 80% of your county’s area median income

- Must complete 8 hr Homebuyer Ed Certified Class

- Complete 2 hours One-on-one Counseling

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NCHFA  NC 1st Home Advantage Down Payment -

First Time Homebuyer

- Offers $15,000 DPA

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Unifour Consortium Down-payment assistance program

- provides assistance of 20% of the purchase price

- Up to $30,000 to eligible first time homebuyers.

EXAMPLE

 

A family of four earning $51,700 can comfortably manage a $104,000 mortgage, while the average price for a 3-bedroom, 1-bath house in this market is $190,000. Discover how Down Payment Assistance makes homeownership achievable for this family:

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1st Mortgage Lender                                           $ 104,000

NCHFA 1st Home Advantage Down Payment   $    15,000

Community Partners Loan Pool (CPLP)            $   41,000

Unifour Consortium Down Payment                  $   30,000

 Total                                                                     $  190,000*

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*House payment based on $104,000 plus taxes & insurance

 

You, too, can achieve your dream of owning a home by enrolling in the next Homebuyer Education Class.                   

Articles

7 Things All Homebuyers Should Know

4 Common Down Payment Program Myths Debunked

3 More Down Payment Program Myths Debunked

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“Olive Hill CEDC equips families, strengthens small businesses, and sparks innovation in housing and economic mobility.”

Address

200 South College St. Suite A, Morganton, NC 28655

Mailing Address

PO Box 4008

Morganton, NC  28680

Phone

828-522-4070

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  All Rights Reserved.

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