North Carolina is the 9th most populous state in the United States. Also, it has a great landmass making it the 28th largest state in the  US. North Carolina has an effective educational system, sound technology, and countless career opportunities, making it one of the best places to live in the US.

Everyone loves good things, which is why there is a high demand to own a house in North Carolina. Owing to this, the prices of houses in North Carolina have skyrocketed in recent times and they do not favor low-income earners anymore.

In some cases, some people end up buying houses in lesser areas. You do not have to do this. Here are some ways to seek financial help for buying a house in North Carolina.

Government grants

Through some of the government’s grants programs and housing loans, you can raise funds. Here are some of these government grants programs.

FHA loans

With as little as 3.5% down, you’re eligible for an FHA loan. This means you can borrow up to 96.5% value of your home loan. FHA (Federal Housing Administration) loan is a mortgage insured by the FHA and issued by an approved lender of FHA. Sign up with the FHA loan today to see the lending conditions you’re to meet and before you know it, you’re a legal homeowner.

First Time home buyer grants

First-time home buyer grants depend on your income. It is a program organized by the US government to help first-time home buyers.

Homeownership voucher

The homeownership voucher or housing choice voucher (HCV) is a homeownership program set up to allow families under the HCV program to buy a home with their voucher. Also, they receive monthly perks to meet their homeownership expenses.

The housing choice voucher is federally-funded, making it a reliable source of getting help to buy a house.

North Carolina Housing Finance Agency

North Carolina Housing Finance Agency (NCHFA) assists with down payments and affordable, fixed-rate loans.

Meanwhile, to qualify for the North Carolina advantage mortgage, you need to meet these requirements:

•  Buy a home in North Carolina
• Have a credit score of 640 and above
•  Have a total income within the range of $90, 000 – $99, 000
•  Be a resident of the United States

Provided you meet all the above conditions, then you’re good to go!

Bank of America

Bank of America is a financial institution that helps US residents to become proud homeowners, most especially the low and moderate-income earners.

In 2019, they started their first project tagged, “Bank of America community homeownership commitment”. They help thousands of US residents to buy homes. If you visit the Bank of America today, you can kickstart your housing goals today.

Everyone loves good things, which is why there is a high demand to own a house in North Carolina. Owing to this, the prices of houses in North Carolina have skyrocketed in recent times and they do not favor low-income earners anymore.

In some cases, some people end up buying houses in lesser areas. You do not have to do this. Here are some ways to seek financial help for buying a house in North Carolina.

Government grants

Through some of the government’s grants programs and housing loans, you can raise funds. Here are some of these government grants programs.

FHA loans

With as little as 3.5% down, you’re eligible for an FHA loan. This means you can borrow up to 96.5% value of your home loan. FHA (Federal Housing Administration) loan is a mortgage insured by the FHA and issued by an approved lender of FHA. Sign up with the FHA loan today to see the lending conditions you’re to meet and before you know it, you’re a legal homeowner.

First Time home buyer grants

First-time home buyer grants depend on your income. It is a program organized by the US government to help first-time home buyers.

Homeownership voucher

The homeownership voucher or housing choice voucher (HCV) is a homeownership program set up to allow families under the HCV program to buy a home with their voucher. Also, they receive monthly perks to meet their homeownership expenses.

The housing choice voucher is federally-funded, making it a reliable source of getting help to buy a house.

North Carolina Housing Finance Agency

North Carolina Housing Finance Agency (NCHFA) assists with down payments and affordable, fixed-rate loans.

Meanwhile, to qualify for the North Carolina advantage mortgage, you need to meet these requirements:

•  Buy a home in North Carolina
• Have a credit score of 640 and above
•  Have a total income within the range of $90, 000 – $99, 000
•  Be a resident of the United States

Provided you meet all the above conditions, then you’re good to go!

Bank of America

Bank of America is a financial institution that helps US residents to become proud homeowners, most especially the low and moderate-income earners.

In 2019, they started their first project tagged, “Bank of America community homeownership commitment”. They help thousands of US residents to buy homes. If you visit the Bank of America today, you can kickstart your housing goals today.