Your Guide to North Carolina Down Payment Assistance
Buying a home in North Carolina just got more affordable. Kind Lending partners with the NC Housing Finance Agency to offer two down payment assistance programs with 0% interest and complete loan forgiveness after 15 years.
Two Powerful Programs
NC 1st Home Advantage Down Payment: $15,000 for First-Time Buyers & Veterans
Get $15,000 in down payment help with no monthly payments and complete forgiveness if you stay in your home for 15 years.
Who qualifies: First-time buyers, military veterans, buyers in targeted census tracts with 640+ credit score and income up to $140,000.
NC Home Advantage Mortgage™: Up to 3% Down Payment Assistance
Receive down payment help up to 3% of your loan amount. Available for both first-time and move-up buyers, compatible with FHA and conventional loans.
Who qualifies: First-time and move-up buyers with 640+ credit score and income up to $140,000.
How Loan Forgiveness Works
Both programs offer 0% interest deferred second mortgages with no monthly payments. The loan forgives 20% per year starting in year 11, with complete forgiveness by year 15. You only repay if you sell, refinance, or transfer before then.
Eligible Properties
Single-family homes, townhouses, condominiums, duplexes, and new manufactured homes are all eligible. Must be your primary residence within 60 days of closing.
Which Program Is Right for You?
Get Started Today
Kind Lending makes the process simple. We'll help you determine eligibility, choose the right loan type, and guide you through application to closing.
These programs remove the biggest barrier to homeownership—saving for a down payment. With up to $15,000 in assistance, you can keep more cash in reserve, reduce your loan amount, and move into your new home sooner.
Ready to explore your options? Contact Kind Lending today to start your journey toward North Carolina homeownership.
Programs offered through Kind Lending in partnership with the NC Housing Finance Agency. All loans subject to credit approval. Visit www.nchfa.com/home-buyers for complete details.
All down payment assistance (DPA) grants/programs are subject to restrictions and specific loan guidelines. This is no way implies guaranteed approval for a DPA
