First Time Home Buyer

Get Matched With North Carolina Home Buying Programs.

North Carolina first time home buyer programs

North Carolina first time home buyer programs. Locate NC home buying programs, grants, USDA, FHA and VA home loan assistance. Firsttimehomebuyer.com provides lists of local North Carolina home buying resources. There is also information about Federal 100% home buyer financing and grants for qualified purchasers.
A new home buyer in North Carolina needs to be equipped with the knowledge of available programs in order to be prepared for owning a new home. This process begins by understanding what purchase home programs are available. Specifically, what are the first mortgage options. Even if you utilize and assistance program for down payment or get help with closing cost, you will likely still need a first mortgage.
Listed below are the most common used NC home loan programs. These will likely cover most of the loan needs when buying a home. You should make sure you qualify and the property meets the requirements of these programs.
USDA Home Loan
The North Carolina USDA home loan program is available in multiple areas within North Carolina. This program may finance 100% of the home's purchase price.
VA (Veterans) Home Loan
To eligible Veterans, active military members and eligible family members the North Carolina VA home Loan program may allow for 100% financing of the home purchase.
HUD FHA home loan
HUD (U.S. Department of Housing and Urban Development) offers North Carolina FHA home loans and home buying assistance. The FHA home loan program is a popular North Carolina first time home buyer program used in conjunction with home assistance buying programs.
If you reviewed the available North Carolina home loan programs you now probably want to see what programs are available for assistance with the remaining needs. These usually include the expense of closing costs and the remaining money needed to finance the purchase. 
Local governments in NC may offer programs to assist with these costs. In addition, the Federal government may allocate certain funds to states and those states may use it to give assistance to home buyers. 
If you are buying in North Carolina and cannot find a readily available program, it is a good idea to reach out to the local government in the community you are buying and see if they have any assistance allocated in your new home location.
This is not a comprehensive list of NC programs as many programs run out of funding and may not be renewed. As you can imagine, availability and a qualifications may vary.
CDBG home buying grant programs

CDBG (Community Development Block Grant) is a Federal program that grants money to states and localities to provide for community development needs. In many locations across the Country CDBG grant money is offered as an assistance program for home buying down payment and closing costs.  In North Carolina, the North Carolina CDBG  is offered but availability of CDBG grants for home buyer assistance may depend on locality, check to verify. Local program links : Asheville , Hickory , Durham , Fayetteville , Henderson ,  Greenville , Rocky Mountain , Harnett , Cumberland , Burlington , High Point , Concord , Duck

Depending on the location you wish to purchase a home within North Carolina there maybe 100% financing available provided by the USDA home loan program. A large part of the state is covered by this program. In addition to this Federal program there are some state and local programs designed to assist with North Carolina down payment and closing cost assistance. 

Local North Carolina home buyer incentives, grants and buying programs.

Request a North Carolina first time home buyer program. 
Firsttimehomebuyer.com is here to help you in locating programs, grants, USDA, FHA, VA home loan 
down payment and closing cost assistance. Submit a request!

North Carolina first time home buyer tax credit.

The North Carolina NC Home Advantage Tax Credit may allow eligible first-time buyers and military veterans to save up to $2,000 a year on their federal taxes with a Mortgage Credit Certificate. Please consult with a tax advisor.