Are You a First Time Home Buyer Relocating? $6,500 could be yours!

Special Purpose Credit Program (Down Payment Assistance)

Moving to North Carolina or another state? You may qualify for this Down Payment Assistance program if you currently reside in an identified MSA (eligible census tract) and at least one borrower is a First Time Home Buyer. If so, you will receive the following benefits:

  • $6,000 down payment / closing cost assistance in the form of grants.

    • Loans where the AMI ≤ 100% will receive $6,000.

    • Loans where the AMI > 100% (up to the max 140%) will receive $3,000.

  • $500 credit towards the cost of an appraisal.

  • $500 credit towards the cost of a home warranty (if purchasing one).

  • 680 FICO Credit Score Required

Be sure to tell us your current legal residence to see if you are eligible.

HomeReady First - Special Purpose Credit Program

Previous
Previous

What do I need for my taxes?

Next
Next

2025 Housing and Mortgage Rates Forecast