Buyer Guides
Down Payment Assistance Programs in NC 2026
Multiple down payment assistance programs are available to Charlotte area homebuyers in 2026. These programs can provide $5,000-$15,000+ toward your down payment and closing costs.
Common Questions
What down payment assistance is available in Charlotte NC?
The NC Housing Finance Agency offers the NC Home Advantage Mortgage with up to 3% of the loan amount in DPA. The NC 1st Home Advantage Down Payment provides up to $15,000 for first-time buyers. Additional local programs exist through the City of Charlotte.
Who qualifies for down payment assistance in NC?
Most programs require first-time buyer status (have not owned in 3 years), income below area median limits, completion of homebuyer education, and purchasing a primary residence within price limits.
Can I use DPA with an FHA or VA loan?
Yes. Most NC DPA programs can be layered with FHA, VA, or conventional financing. This combination can result in very low out-of-pocket costs to close.
How do I apply for down payment assistance?
Work with a participating lender who is approved to originate NC Housing Finance Agency products. Not all lenders participate. Nick and Craig connect buyers with DPA-approved lenders who maximize available assistance.
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