NC 1st Home Advantage Down Payment (North Carolina)
North Carolina Housing Finance Agency (NCHFA) · North Carolina
| Assistance type | Forgivable loan — Forgiven if you meet the terms |
|---|---|
| Amount | $15,000 |
| Income limit | Not verified on the official page — check the source |
| Purchase price limit | Not verified on the official page — check the source |
| First-time buyer rule | Required (or military veteran, or buying in a targeted area) |
| Status | Offered |
| Status note | Not verified on the official page — check the source |
| Details | 0% deferred second mortgage forgiven 20% per year at the end of years 11-15. |
| Official source | https://www.nchfa.com/home-buyers/home-buyer-mortgage-products/nc-1st-home-advantage-down- (opens in new tab) |
| Last checked | Oct 19, 2026 (automated fetch) |
Go to the official program page ↗ Report a correction
Other North Carolina programs
- NC Home Advantage Mortgage Down Payment Assistance — Up to 3% of the loan amount