NCHA Home Advantage Mortgage

Intended for first-time and move-up homebuyers, this program provides qualified borrowers with fixed-rate mortgages and assistance of up to 3% of the loan amount.

This program only requires repayment if you sell, refinance, or transfer your home before year 15 of your mortgage, and they forgive this assistance at 20% per year between years 11 to 15, with total forgiveness at year 15. To be eligible, you must:

Purchase a home in North Carolina.
Occupy the home as your principal residence within 60 days of closing.
Earn no more than $126,000 annually.
Have a credit score of 640+.
Be applying for an FHA, USDA, VA, or conventional loan.
Be a legal US resident.

Location

3500 Vest Mill Rd # 1, Winston-Salem, NC 27103, USA

Call Us

336-740-9068

Email Us

jill.burgess@amerisbank.com