FirstHome Mortgage Program in North Carolina
Page 2

The key features of the FirstHome Mortgage Program is its low interest rates (depending on the borrower's annual income) and its ability to finance 80 to 100% of the total selling price of the borrower's desired property.

In order to qualify for the FirstHome Mortgage Program, the borrower must be:

1) A first time home buyer

2) Someone who has not owned a home or occupied it as his/her primary residence for the last three years

3) Someone whose annual income does not exceed the limits that are set by the North Carolina Housing Finance Agency

4) Some who chooses a property whose selling point does not exceed the limits that are set by the North Carolina Housing Finance Agency

5) A citizen of the United States or a legal resident

6) Someone who is planning to occupy the purchased home within 60 days before closing.

To read more about the FirstHome Mortgage Program, you can visit the North Carolina Housing Finance Agency's official website.

FirstHome Mortgage Program in North Carolina
  Back to Page 1

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

Section 8 Housing Choice Voucher Homeownership Program
The Connecticut Housing Finance Agency has been administering the Section 8 Housing Choice Voucher Homeownership Program wherein they intend to offer home loans at reasonable, below-market rates to Section 8 tenants who wish to purchase a home of their own.

---

Achieving the Dream Program for First Time Home Buyers in New York
One of the programs of the State of New York Mortgage Agency, is the Achieving the Dream Program wherein it seeks to provide eligible low income first time home buyers with really low down payment mortgage financing programs.

---

Keystone Home Loan PLUS Program
The Pennsylvania Housing Finance Agency, otherwise termed as PHFA, is an independent agency established in year 1972 in an attempt to assist the provision of reasonable and affordable housing opportunities the elderly, persons and families of modest means, and people suffering from disabilities.

---

Construction Incentive Program for First Time Home Buyers in New York
The State of New York cares so much about its people. It looks out for them and constantly ascertains that their best interest is always protected. One of the ways in which the state has manifested this concern is through the establishment of the State of New York Mortgage Agency, more commonly referred to as SONYMA, which is a public authority established in 1970 designed to provide reasonable and affordable home-ownership opportunities to low and moderate income New Yorkers, especially to first time home buyers.

---