FirstHome Mortgage Program in North Carolina

by: Iola Bonggay

The North Carolina Housing Finance Agency is an independent agency of the State of California that is primarily responsible for providing financial assistance in the form of loans to low and moderate income first time home buyers in North Carolina.

The mission of the North Carolina Housing Finance Agency is "to create affordable housing opportunities for North Carolinians whose needs are not met by the market."

One of the programs of the agency is the FirstHome Mortgage Program wherein they seek to offer 30-year fixed interest rate mortgages to first time home buyers in the State of North Carolina.

The North Carolina Housing Finance Agency has formed partnerships with the Federal Housing Administration, the Department of Veterans Affairs, and the United States Department of Agriculture to ensure that their loan programs will be made available for every type of first time home buyer.

  (continued...)

FirstHome Mortgage Program in North Carolina
  Page 2

About The Author Iola Bonggay is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs. She also maintains Websites providing resources on grants for the environment and youth programs.

Additional Resources

category - Home Buying Programs

Government Grants within the United States Housing Sector
The government has established quite a slew of agencies that are specifically designed to administer housing programs and assist the needs of homebuyers, renters, and property developers.

---

Department of Housing and Urban Development: Continuum of Care Homeless Assistance Programs
The CoC Homeless Assistance programs is designed to reduce the incidence of homelessness in established CoC communities, thereby the need to assist homeless individuals and families during the process of quickly transitioning to self-sufficiency and permanent housing.

---

Rural Community Development Initiative
The Rural Community Development Initiative can be awarded to legally qualified private, public, and tribal groups or organizations that have the experience and capability of providing training and technical assistance to nonprofit community-based housing and community development organizations, as well as low income rural communities.

---

Rehabilitation Mortgage Insurance Program
The Department of Housing and Urban Development, otherwise known as HUD, is a Cabinet department in the executive branch of the United States federal government.

---