Get the Advantage when buying Your New Shugart Home!!
Do you lack the down payment to buy a new home? The N.C. Home Advantage Mortgage program offers down payment assistance – and competitive interest rates – to give you the boost you need to buy your first Shugart home or move up to your next Shugart home.
The N.C. Housing Finance Agency offers N.C. Home Advantage with down payment assistance up to 3% of the loan amount at 0% interest. This not only helps you get into your new home, but enables you to build equity more quickly. If you qualify, you don’t need to repay the down payment unless you sell, refinance or transfer the home. Even better, it is completely forgiven at year 15 and reduced by 20% a year in years 11 through 15.
With 30-year, fixed rates, the N.C. Home Advantage Mortgage is a perfect match for buyers looking for safe and affordable financing.
Download a copy of the N.C. Home Advantage Mortgage Program brochure here.
Program is subject to change.