If you are a first-time home buyer, or you are already a homeowner who wants to upgrade but can’t afford to, a North Carolina Home Advantage Mortgage, along with forgivable down payment help, may be the solution. The North Carolina Housing Finance Agency (NCHFA) helps to make home ownership affordable for qualifying buyers with financial assistance.
Furthermore, if you are a first-time home buyer, you may be eligible for an MCC (mortgage credit certificate) – a federal tax credit that might decrease your federal taxes for every year that you stay in your home.