How to Qualify for Down Payment Assistance in North Carolina

by Shonday Moore

So many people believe the myth that you need 20% down to buy a home. The truth? North Carolina offers programs to help homebuyers, especially first-timers.

NC Home Advantage Mortgage

Offers up to $15,000 in down payment assistance.
Must meet income and credit guidelines.

NC 1st Home Advantage Down Payment

For true first-time buyers or veterans.
Up to $15,000 in help.

USDA & FHA Loans

USDA: No down payment required in eligible rural areas (many parts of Wilson County qualify).
FHA: As little as 3.5% down.

General Requirements

Minimum credit score (usually 640+).
Household income within limits.
Primary residence only.

💡 Final Thought: Don’t let money stop you from homeownership. The help is out there — you just need to know where to look.

So many people believe the myth that you need 20% down to buy a home. The truth? North Carolina offers programs to help homebuyers, especially first-timers.

NC Home Advantage Mortgage

Offers up to $15,000 in down payment assistance.
Must meet income and credit guidelines.

NC 1st Home Advantage Down Payment

For true first-time buyers or veterans.
Up to $15,000 in help.

USDA & FHA Loans

USDA: No down payment required in eligible rural areas (many parts of Wilson County qualify).
FHA: As little as 3.5% down.

General Requirements

Minimum credit score (usually 640+).
Household income within limits.
Primary residence only.

💡 Final Thought: Don’t let money stop you from homeownership. The help is out there — you just need to know where to look.

So many people believe the myth that you need 20% down to buy a home. The truth? North Carolina offers programs to help homebuyers, especially first-timers.

NC Home Advantage Mortgage

Offers up to $15,000 in down payment assistance.
Must meet income and credit guidelines.

NC 1st Home Advantage Down Payment

For true first-time buyers or veterans.
Up to $15,000 in help.

USDA & FHA Loans

USDA: No down payment required in eligible rural areas (many parts of Wilson County qualify).
FHA: As little as 3.5% down.

General Requirements

Minimum credit score (usually 640+).
Household income within limits.
Primary residence only.

💡 Final Thought: Don’t let money stop you from homeownership. The help is out there — you just need to know where to look.

So many people believe the myth that you need 20% down to buy a home. The truth? North Carolina offers programs to help homebuyers, especially first-timers.

NC Home Advantage Mortgage