Second Mortgage Loan Program and Mortgage Credit Certificate for Homebuyers in North Carolina

by: Michael Saunders

The North Carolina Housing Finance Agency, more commonly known as NC HFA, is a stand-alone agency operating in the State of California that is generally responsible for ensuring the provision of financial assistance in the form of loans to low and moderate income first time home buyers in North Carolina.

The programs and initiatives of the North Carolina Housing Finance Agency is constantly tailored to contribute to the realization of its overall agency mission which is "to create affordable housing opportunities for North Carolinians whose needs are not met by the market."

With this mission, the NC HFA has been running several home loan programs that are geared towards the purposes of providing a reasonable housing opportunity for the people in the State of North Carolina.

One of the more popular programs is the FirstHome Mortgage Program for First Time Homebuyers which offer significantly low interest rates and a rather low fixed 30-year mortgage plan.

Together with this program, the NC HFA has also established the Second Mortgage Loan Program wherein it intends to offer second mortgage loans in the maximum amount of $25,000.

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Second Mortgage Loan Program and Mortgage Credit Certificate for Homebuyers in North Carolina
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About The Author Michael Saunders is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs. He also maintains Websites providing resources on grants for youth programs and home improvement grants.

Additional Resources

category - Home Buying Programs

First Time Homebuyer Programs in New Hampshire
The State of New Hampshire gives great importance to the welfare and safety of its people. One of the ways of showing this is through the establishment of the New Hampshire Housing Finance Authority, which is specially designed to assist low to moderate income residents of New Hampshire in the process of procuring safe and affordable housing opportunities.

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Down Payment Assistance Loan for First Time Home Buyers in New York
In line with this, The State of New York Mortgage Agency has been running the Down Payment Assistance Loan Program (DPAL) wherein it intends to help first time home buyers overcome the setbacks brought about by down payments and closing costs.

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First Time Homebuyer Programs in Georgia
The state of Georgia offers a variety of programs to assist first time home buyers. The programs are offered primarily through the Georgia Department of Community Affairs.

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Alabama Housing Finance Authority
The Alabama Housing Finance Authority, more commonly referred to as AHFA, is a public corporation which was established in the year 1980 under the Act No. 80-585 of the Alabama Legislature.

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