NC Housing Finance Agency ups income limit for first-time home buyers

The NC Housing Finance Agency has raised income and sales price limits for its affordable mortgage programs to help more home buyers. Eligible buyers earning up to $158,000 can access the NC Home Advantage Mortgage with up to 3% down payment assistance, and the sales price limit is now $525,000. The NC 1st Home Advantage Down Payment offers $15,000 assistance for first-time buyers and veterans. Buyers must meet income, credit, residency, and loan requirements.