No Money Down For First Home Buyers

No Money Down For First Home Buyers

$15000 in Down Payment Assistance Makes No Money Down a Reality for Many!

The North Carolina Housing Finance Agency announces they would provide $15,000 in Down Payment Assistance- a 5 year deferred loan at zero interest! Stay in your home 5 years, and you owStarmounte nothing, as it amortizes 20% per year, to zero after 5 years.  This loan is offered in conjunction with 30 year fixed NC Home Advantage Mortgage, and is being offered to 1000 First Home buyers in 5 counties in NC, to those who qualify.  The devil is always in the details, but I like these details, have a look:

  • A maximum purchase price of $245,000

  • The $15,000 is a "silent 2nd" not interfering with your first loan qualifications, and disappears after 5 years

  • You buy in one of 5 targeted counties, locally that is Mecklenburg and Cabarrus

  • Your income does not exceed certain  household limits,  1-2 person is $67,000, 3+ is $77,000

  • Your credit score is over 640

  • You are a first home buyer ( or have not owned in the last 3 years.) 

 Lets look at some homes that would qualify:

Mecklenburg County Homes Under $250,000

Cabarrus County Homes Under $250,000


If this sounds like the loan for you,  the application is easy! Call me, Bobby,  with questions or to go see some homes,  704-981-2863



Connie Massetti Headshot
Author:
Phone: 704-340-5967
Dated: October 29th 2015
Views: 683
About Connie: Licensed agent assistant who coordinates with McDonald Group clients and agents during all aspects o...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

7307 Westcott Terrace MLS 3302747 Home For Sale - Home for Sale 28270 Elizabeth La
Plaza Midwood Market Update Summer 2017 - Plaza Midwood has been one of the
Dilworth Homes Sold Properties For Sale - Dilworth Real Estate Market Report
Rent Vs Buy The Latest Data - The Cost of Renting vs. Buying in

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

McDonald Group at Wilkinson ERA
5970 Fairview Rd
Charlotte, NC
704-343-6624
704-464-3944

Other Locations