Important News About Down Payment Assistance Programs

Triad Real Estate Podcast with Andy Leung

The $15,000 down payment assistance program has just been rolled out. This program will help a lot of first-time buyers afford a home.

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Heather Dodson is with us today to get you up to date on some breaking news in real estate. The $15,000 down payment assistance program has just been rolled out in North Carolina for first-time home buyers and buyers who haven’t purchased a home in three years. Here are some things you should know about the program:

1. There is a max purchase price of $245,000.

2. There are income limits of $59,000 for a household of one to two people and $67,000 for homes of three or more.

3. This program can be used with all loan types for down payment assistance, mortgage insurance, or closing costs.

4. Any lender can help you with this program.

The max purchase price is $245,000.

If you have any questions for us or would like us to set you up to talk to one of our trusted lenders, give us a call or send us an email. We look forward to hearing from you soon!