The NC Housing Finance Agency offers affordable home ownership options for first-time home buyers in North Carolina. Products include the NC Home Advantage Mortgage™, which offers down payment assistance up to 3% of the loan amount for first-time and move-up buyers.

The Agency also offers an $15,000 down payment assistance option—the NC 1st Home Advantage Down Payment—just for eligible first-time buyers (those who haven't owned a home as their principal residence in the past three years) and military veterans.

First-time buyers and military veterans may be eligible for the NC Home Advantage Tax Credit, which saves up to $2,000 in federal taxes each year for buyers who apply and are approved for a Mortgage Credit Certificate prior to their home purchase. (This can be combined with the NC Home Advantage Mortgage™ but not the NC 1st Home Advantage Down Payment.)

Visit to learn more about how home ownership might be more affordable than you think.