The NC Housing Home Loan Program is one of the best programs available to qualified homebuyers in NC! They offer Mortgage Credit Certificates, sensible underwriting and Grants for those who qualify! We use this program every single time we can – and we are doing a TON of them!
These are designed for first time home buyers, they carry very low closing costs -and now the system is getting rid of the red tape! Yeah!
UPDATE in DOCUMENTATION required for NC Housing Loans in NC
The changes below represent one of the biggest streamlining changes we have made to our program in many years. These changes are being made in response to the dedicated loan officers and staff that have used our program for many years and have suggested these changes – we appreciate your support.
I know you will find these changes helpful and a major improvement to working with our program. You can keep up with us on Twitter for the latest news and updates.
Our Twitter handle is @NCFirsthome or www.twitter.com/ncfirsthome
So what are the changes? Effective immediately, we are implementing the following changes:
1) No more originals! Copies of all forms are acceptable for your submission and closing packages submitted to NCHFA.
- See the new Submission Package Checklist on our OLS Lender Portal for details
- Signed originals of Promissory Notes and/or Deeds of Trust still required (some things can’t change)
2) We no longer require a notary signature or stamp on these three forms:
- Seller Affidavit
- Borrower Closing Affidavit, or
- Lender Closing Affidavit
3) On property appraisals, a reminder that under the new UAD standards we accept a property condition rating of C4 or higher. Anything that is C5 or lower is not acceptable.
4) Electronic upload of pended conditions now available (scanned documents) directly to NCHFA (via our OLS lender portal). Good bye FedEx!
5) And, get the latest updates via Twitter…”NCFirstHome”.
We are THRILLED that NC Housing is making these changes, and we applaud the fact that we can now talk to NC Housing in NC on Twitter! (We wish you didn’t have a protected account!) We’re @isellmoney and @SteveThorneNC – great to meet you! Thanks @NCFirstHome for all you do !
If you are looking for a NC Housing Home Loan in NC – call Steve and Eleanor Thorne 919 649 5058! We love this program, and we are closing these loans every month!
Eleanor,
I live in Charlotte and have been renting for 12 plus years since my divorce. I feel that I really need to purchase at this time since the interest rates are so low, but really have no downpayment money. I am 65 years old and do receive a social security check and work part time with income of approximately 30,000 per year which includes my social security check. I am currently renting for approx 800/mo for a 1 bedroom apartment of 800 feet. I would like some insight as to whether there would be a chance for me to purchase a townhome in this area.
Barbara it sounds like you could qualify for a home – it will depend on your credit… but you should call us 919 649 5058
Eleanor,
I am 59 yrs.and have always dreamed of having a small home.. please call me asap. Thank you.