Every State has a Federal Program available that offers First Time Home Buyers a Mortgage Tax Credit. The Mortgage Tax Credit program is often referred to as the MCC, or Mortgage Credit …
How to Calculate Income For First Time Homebuyer Program
We get questions regarding how to calculate income for the Mortgage Credit Certificate (MCC) / NCHFA / NC First Time Homebuyer Program. It's pretty easy: Household income is defined as the …
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Minimum Credit Score Requirements for a Mortgage
We often talk to first time home buyers who want to know the minimum credit score requirements for a mortgage in North Carolina. The answer, while not complicated, is not one where I can just spit …
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First Time Home Buyer Loan Requirements
First Time Home Buyer Loan Programs were initially provided to help those of us who don’t have 20% to put down on a home! There are some Conventional Loans that allow for less down payment, now – but …
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5 Things NC First Time Home Buyers Should Know!
If you are ready to move out on your own, and Kiss Your Landlord Good-bye... CONGRATULATIONS! Earlier this year the newest part of the Government's program to help people buy a house went into …
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USDA Rural Housing Loan NC Requirements
USDA Rural Housing Mortgage Loan Requirements are pretty straight forward. The borrower needs to have decent credit, Be under the maximum income limits for the county, Buy a house that is …
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