{"id":2339,"date":"2015-11-01T18:53:04","date_gmt":"2015-11-01T18:53:04","guid":{"rendered":"http:\/\/www.charlottencproperty.com\/residential\/?page_id=2339"},"modified":"2015-11-01T19:16:15","modified_gmt":"2015-11-01T19:16:15","slug":"down-payment-assistance","status":"publish","type":"page","link":"http:\/\/www.charlottencproperty.com\/residential\/page\/buyers\/easy-mortgage\/down-payment-assistance.html","title":{"rendered":"Down Payment Assistance"},"content":{"rendered":"

Help for Charlotte, NC Home Buyers<\/strong><\/p>\n

It\u2019s always a smart idea to research what you can afford before you begin the home buying search. The program offers competitive interest rates with down payment assistance for up to 5% of the mortgage loan amount, fully forgiven after 15 years- for first time and move up buyers.
\n
\nWhat Types of Mortgage Assistance Can I Find?<\/strong><\/p>\n

The Mortgage Credit Certificate and the N.C. Home Advantage Mortgage can help you save on taxes or provide you with a low-interest loan, respectively. This program enables first time buyers to save up to $2,000 a year on their federal taxes.<\/p>\n

How Do I Qualify for These Programs?<\/strong><\/p>\n

For the Mortgage Credit Certificate, you must meet specific requirements for income in order to receive a federal tax savings of up to $2,000. Essentially, you\u2019re able to receive 30% of the interest of your mortgage payment in the form of a tax credit. That way, you can use this money on your house payment.<\/p>\n

For the N.C. Home Advantage Mortgage, home buyers can receive a low-interest rate mortgage or an interest-free mortgage for closing costs or a down payment. Some of the requirements for home buyers who qualify for this loan include:<\/p>\n

>having an income of no more than $77,000
\n>your credit score is no lower than 640
\n>you legally reside in the United States
\n>you are a move-up or first time home buyer planning to buy a new or existing home<\/p>\n

Questions About Buying a Charlotte, NC Home?<\/strong><\/p>\n

Be sure to get in touch with NCHFA for more information. Feel free to contact our office<\/a> if you have any questions about home buyer assistance or home buying in Charlotte, NC.<\/p>\n","protected":false},"excerpt":{"rendered":"

Help for Charlotte, NC Home Buyers It\u2019s always a smart idea to research what you can afford before you begin the home buying search. The program offers competitive interest rates with down payment assistance for up to 5% of the mortgage loan amount, fully forgiven… Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":1196,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-2339","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"http:\/\/www.charlottencproperty.com\/residential\/wp-json\/wp\/v2\/pages\/2339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.charlottencproperty.com\/residential\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"http:\/\/www.charlottencproperty.com\/residential\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"http:\/\/www.charlottencproperty.com\/residential\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.charlottencproperty.com\/residential\/wp-json\/wp\/v2\/comments?post=2339"}],"version-history":[{"count":3,"href":"http:\/\/www.charlottencproperty.com\/residential\/wp-json\/wp\/v2\/pages\/2339\/revisions"}],"predecessor-version":[{"id":2343,"href":"http:\/\/www.charlottencproperty.com\/residential\/wp-json\/wp\/v2\/pages\/2339\/revisions\/2343"}],"up":[{"embeddable":true,"href":"http:\/\/www.charlottencproperty.com\/residential\/wp-json\/wp\/v2\/pages\/1196"}],"wp:attachment":[{"href":"http:\/\/www.charlottencproperty.com\/residential\/wp-json\/wp\/v2\/media?parent=2339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}