NC Home Advantage Down Payment Assistance

North Carolina Housing Finance Agency

Available Down Payment

About This Program

Provides down payment and closing cost assistance as a second mortgage for eligible first-time homebuyers. Loan is forgiven after 15 years if homeowner remains in the home. Must be used with NC Home Advantage first mortgage.

Forgivable second mortgage, forgiven after 15 years of occupancy

Data last verified 2026-06-09. How we verify our data.

Key Details

  • Up to $8,000 for down payment and closing costs
  • Forgivable loan, no repayment after 15 years
  • Must be first-time homebuyer
  • Income and purchase price limits apply
  • Used with NC Home Advantage mortgage

How to Apply

A grant-savvy contractor in Laurinburg, NC can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Ongoing while funds available

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