FirstHome Mortgage Program in North Carolina
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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
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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

Affordable Housing Partnership Program for the First Time Home Buyers in California
The Affordable Housing Partnership Program is a housing opportunity that enables first time home buyers in the State of California to seek financial assistance from lending institutions that have formed a partnership with CalHFA for the purposes of this endeavor.

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First Time Homebuyer Programs in Maine
The first time homebuyer programs of MaineHousing are all especially designed to contribute to the achievement of its primary agency mission which is to "assist Maine people to obtain and maintain decent, safe, affordable housing and services suitable to their unique housing needs."

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First Time Homebuyer Programs in Montana
The Montana Board of Housing, otherwise referred to as BOH, was primarily established to to provide decent, safe, sanitary and affordable housing for lower income individuals and families in the State of Montana.

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First Time Homebuyer Programs in California
The programs of CalHFA are constantly guided by its overall agency mission which is to "finance below market rate loans to create safe, decent and affordable rental housing and to assist first-time homebuyers in achieving the dream of homeownership."

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