<\/a>Check out the NC Home Advantage Mortgage<\/a> down payment program available to residents of Cabarrus, Cumberland, Guilford, Johnston and Mecklenburg Counties, and see if you’re eligible!<\/p>\n Buyers must have an income under $67,000 and a credit score of 640 to be considered.<\/p>\n Here’s how it works:\u00a0 if you are buying a home in one of the above counties, you may be eligible for $15,000 in down payment assistance in the form of a five-year, deferred loan at zero interest.\u00a0 Even better, stay in your home for five years and you won’t need to repay the down payment loan- it is forgiven at 20% per year for each full you reside in the home.<\/p>\n First-time home buyers may also benefit from a Mortgage Credit Certificate (MCC), which provides a federal tax credit of up to $2,000 per year.\u00a0 Want to know more?\u00a0 Read more for details.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Check out the NC Home Advantage Mortgage down payment program available to residents of Cabarrus, Cumberland, Guilford, Johnston and Mecklenburg Counties, and see if you’re…<\/p>\n