These programs can only be handled by approved lenders. If you would like help from a local realtor familiar with the programs and lenders with access, fill out this form here and I will connect you with one.

North Carolina 

Hey there! If you're thinking of buying a home for the first time, and haven't saved up for a down payment, you still might be able to get it done.

Before I jump into the programs, let me briefly explain how down payment assistance works.

How it works

Down payment assistance comes in two forms: a grant, or a loan

A grant doesn't require repayment.

A loan does require repayment, but there are 3 different ways:

Monthly repayment. This is where they charge you interest and a monthly payment until the loan is paid off

Silent second. This is where they don't charge you interest, they don't charge you monthly payments, they just require that you pay it back when you sell the home.

Forgivable. This is where they forgive the loan as long as you meet certain criteria. A common requirement is that you live in the home as your primary residence for a set number of years. Once you've completed the timeframe, they forgive your loan and you don't need to pay it.

Approved lenders only

These programs can only be handled by approved lenders. If you would like help from a local realtor familiar with the programs and lenders with access, fill out this form here and I will connect you with one.

Now that we have that out of the way, let's jump in! Below are the local programs available to help make homeownership more accessible.

NC 1st Home Advantage Down Payment Program

  • Assistance: Provides $15,000 in down payment assistance.

  • Terms: 0% interest, deferred second mortgage, forgiven at 20% per year after year 10, fully forgiven by year 15.

  • Eligibility: First-time homebuyers or military veterans; must meet income and sales price limits; minimum credit score of 640; property must be in North Carolina.

  • More Information: NC 1st Home Advantage

NC Home Advantage Mortgage™ Program

  • Assistance: Offers down payment assistance up to 5% of the loan amount.

  • Terms: 0% deferred second mortgage, forgiven at 20% per year after year 10, fully forgiven by year 15.

  • Eligibility: Available to first-time and move-up homebuyers; income and sales price limits apply; minimum credit score of 640; property must be in North Carolina.

  • More Information: NC Home Advantage Mortgage

Community Partner Loan Pool (CPLP)

These programs can only be handled by approved lenders. If you would like help from a local realtor familiar with the programs and lenders with access, fill out this form here and I will connect you with one.

Charlotte – HouseCharlotte Program

  • Assistance: Provides up to $30,000 for down payment and closing cost assistance.

  • Terms: Forgivable after 10-15 years.

  • Eligibility: First-time homebuyers purchasing within Charlotte city limits; income limits apply.

  • More Information: HouseCharlotte Program

Raleigh – Homebuyer Assistance Program

  • Assistance: Zero-interest loans to help with down payment and closing costs or to cover financing gaps.

  • Terms: Loans are deferred, with no payments due until the home is sold or is no longer the primary residence.

  • Eligibility: First-time homebuyers earning no more than 80% of the Area Median Income (AMI); property must be within Raleigh city limits.

  • More Information: Raleigh Homebuyer Assistance

Durham – Down Payment Assistance Program

  • Assistance: Offers up to $80,000 for down payment and closing costs.

  • Terms: Forgivable loan with a 0% interest rate and a 15-year term.

  • Eligibility: Applicants must earn 80% or below of the AMI, be first-time homebuyers, and plan to use the home as their primary residence; property must be within Durham city limits.

  • More Information: Durham DPA Program

Greensboro – Homebuyer Down Payment Assistance Program

High Point – City-Wide Homebuyer Assistance Program

  • Assistance: Provides affordable homeownership opportunities for very low-to-moderate income buyers.

  • Eligibility: Applicants must meet income requirements and other criteria; property must be within High Point city limits.

  • More Information: High Point Homebuyer Assistance

These programs can only be handled by approved lenders. If you would like help from a local realtor familiar with the programs and lenders with access, fill out this form here and I will connect you with one.

Jacksonville – Homeownership Down Payment Assistance Program

  • Assistance: Focuses on qualified families that fall below 80% of the AMI but are capable of qualifying for and affording homeownership.

  • Eligibility: Applicants must meet income requirements and other criteria; property must be within Jacksonville city limits.

  • More Information: Jacksonville DPA Program

Rocky Mount – Down Payment Assistance Program

  • Assistance: Helps first-time, low-income homebuyers purchase homes by providing deferred payment loans up to $5,000.

  • Eligibility: Applicants must meet income requirements and other criteria; property must be within Rocky Mount city limits.

  • More Information: Rocky Mount DPA Program

Program availability and terms can change, so it's essential to verify the most current information directly with the administering agencies.

These programs can only be handled by approved lenders. If you would like help from a local realtor familiar with the programs and lenders with access, fill out this form here and I will connect you with one.