First-Time Buyer
Down Payment Assistance Programs
Charlotte, NC
Charlotte offers multiple DPA programs for first-time buyers including NC Home Advantage and city-specific grants.
Frequently Asked Questions
How much do I need for a down payment in Charlotte?
As little as 3% for conventional loans or 3.5% for FHA. VA and USDA loans offer 0% down for eligible buyers. NC Home Advantage provides up to 5% in DPA.
What credit score do I need to buy a home?
FHA loans accept scores as low as 580 with 3.5% down. Conventional loans typically need 620+. Higher scores get better rates.
How long does it take to buy a home in Charlotte?
From first search to closing, plan for 60-90 days. The offer-to-close process in NC is typically 30-45 days including due diligence.
Should I get pre-approved before looking at homes?
Absolutely. Pre-approval shows sellers you are serious and tells you exactly what you can afford. We can connect you with trusted local lenders.
Ready to Find Your Home?
Let Nick and Craig help you find exactly what you are looking for.