June is Home Ownership Month | Your Home Awaits
Home is for everyone.
We’re helping make home ownership a possibility for North Carolinians.
The NC Housing Finance Agency has helped over 133,000 North Carolinians in purchasing homes because we believe that home is for everyone.
We offer an array of financing options to make home buying affordable for North Carolinians, especially first-time home buyers and military veterans. See how we can help you become a homeowner!

June is Home Ownership Month!
We are dedicated to helping North Carolinians obtain affordable home ownership this month, and all year round.
Not sure where to start on your home buying journey?
There’s a lot to know when it comes to buying your first home, but the NC Housing Finance Agency is here for you every step of the way.
Our free Guide to Home Ownership will walk you through every step of the process, showing you how to make the home buying process as easy, efficient and exciting as possible. We even have a personal checklist that you can follow and take notes on along the way.
Home Buyer Mortgage Products
Learn more about our array of financing options to make buying a new home affordable or see if you’re eligible for support.



NC 1st Home Advantage Down Payment
If you are a first-time home buyer or eligible military veteran and qualify for an NC Home Advantage Mortgage™, you may be eligible for $15,000 in down payment assistance with the NC 1st Home Advantage Down Payment.

NC Home Advantage Mortgage™
Do you need home-buying assistance? It is our goal to make it simpler by offering affordable mortgage options for first-time and move-up buyers as well as eligible military veterans. The NC Home Advantage Mortgage™ offers up to 3% of the loan amount to purchase your new home and can be structured as an FHA, VA, USDA, or conventional loan.
Ready to Buy A Home?
The first step is made easier with The NC Housing Finance Agency. Search our robust database of lenders across North Carolina to help you start the home buying process.
Home Buying FAQs
Is it better to buy or rent?
Buying instead of renting might be the best option for you if you like:
- Fixed monthly payments
- Tax deductions
- Opportunity to build equity
What are some home buying tips for military veterans?
Aside from checking your credit score and finding a real estate agent, we have a list of helpful resources for our military veterans who want to buy a home.
How much can I afford?
What is an interest rate?
The interest rate is the amount charged on top of the principal (the original sum of money borrowed on the loan) by a lender to a borrower for the loan. Lenders determine interest rates based on factors within your control, such as credit score and your debt-to-income ratio, as well as on some outside your control such as the state of the economy.
What is an annual percentage rate (APR)?
This is the yearly cost of credit, expressed as a percentage. It calculates the amount of interest you’ll pay on your total loan each year. Typically, a lower APR means a lower monthly mortgage payment.
What are closing costs?
Closing costs are the costs outside a property’s sales price that must be paid to cover the cost of the transaction. These costs include loan origination fees, discount points, insurance fees, survey fees, attorney’s fees, and more. Closing costs are typically negotiable, so make sure you do your research and advocate for yourself!
Being able to get a loan always seemed like an insurmountable obstacle. With the NC Housing Finance Agency, I was able to realize my goal of owning a home and not renting. And the whole process was stress-free!
– JOE P., HOME BUYER, NC
Home is for everyone.
Start your home ownership journey today!
The NC Housing Finance Agency will help you find a lender, pick the right products for you, and make your home ownership dreams possible.
Home Matters Blog

NC Housing Finance Agency Increases Housing Opportunities for At-Risk North Carolinians
The NC Housing Finance Agency has approved more than $6.7 million in funding for the construction and rehabilitation of 11 properties that will help…

NC Housing Finance Agency Awards $11 Million for Home Rehab in 30 Counties
30 North Carolina counties will receive help thanks to $11 million from the NC Housing Finance Agency’s Essential Single-Family Rehabilitation Loan Pool (ESFRLP).

Federal Reserve’s Home Ownership Affordability Monitor Helps Translate North Carolina Housing Trends
Diving into the home buying process requires a household to consider and track multiple household and market-level factors…
It is an exciting time to be helping borrowers into their homes using
the NC Home Advantage Mortgage™!
– CATHY EDWARDS, SENIOR MORTGAGE LOAN OFFICER, FIDELITY BANK MORTGAGE

NC Housing Finance Agency
3508 Bush Street, Raleigh, NC 27609
Thank you to all of our partners for helping us create safe, affordable housing opportunities to enhance the quality of life of North Carolinians.
J. Adam Abram, Board Chair
Scott Farmer, Executive Director
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