NC Home Advantage Mortgage + DPA

Administered by NC Housing Finance Agency · nchfa.com

NCHFA's NC Home Advantage Mortgage provides competitive mortgage rates plus down payment assistance of 3–5% of the purchase price for first-time and move-up buyers.

Eligibility requirements

✓NC resident
✓First-time or move-up buyer
✓Income ≤$134,000
✓Purchase price ≤$385,000
✓640+ credit score

Insider tip

The NC Home Advantage DPA is forgivable at 20% per year — after 5 years you owe nothing. Move-up buyers are eligible too, unlike most state programs that restrict to first-time buyers only.

How to apply

Apply directly on the official website. GrantLantern does not process applications — we link you directly to the source.

Apply at nchfa.com →

Opens the official source. GrantLantern is not affiliated with this program.

Program details sourced from official government and agency websites. Eligibility is determined by the administering agency — not GrantLantern. Verify current requirements at the official source before applying.

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