15000 First Time Home Buyer Nc. Eligible buyers in cabarrus cumberland guilford johnston and mecklenburg counties can receive the help in the form of a five year deferred second mortgage loan. The north carolina housing finance agency has first time home buyer loan programs to help those with low to moderate incomes.
Model Home Signage Home Buying Model Homes Home from ar.pinterest.com
The north carolina housing finance agency has first time home buyer loan programs to help those with low to moderate incomes. The funds are provided as a no interest loan that is forgiven by 1 15 each year no monthly payments are required. First time home buyers in greenville may be eligible to receive up to 20 000 in down payment assistance.
Similar to the other down payment assistance options available with the nc home advantage mortgage this down payment help is a 0 percent deferred second mortgage which is forgiven.
As is typical for campaign proposals from either party the details remain to be. At the end of 15 years the loan will be completely forgiven which means that nothing was ever required to be paid back. The 15 000 down payment assistance is available to first time homebuyers or those who haven t owned a home in three years who are buying a house for less than 245 000 in those five specific. See if you qualify.
