Interest Rates

The North Carolina Housing Finance Agency helps make home ownership affordable for eligible home buyers in North Carolina—whether buying for the first time or moving up—with competitive financing and forgivable down payment assistance. If you are a first-time home buyer (someone who hasn't owned a home as your principal residence in the past three years) or a military veteran, you may also be eligible for the NC Home Advantage Tax Credit, which offers up to $2,000 per year off federal taxes for buyers who apply and are approved for a Mortgage Credit Certificate (MCC) prior to the home purchase.

Borrowers apply for the NC Home Advantage Mortgage™ through our participating lenders and must meet the requirements of the individual loan type—Conventional, FHA, VA or USDA—in addition to NC Housing Finance Agency guidelines.

To learn more about our NC Home Advantage Mortgage™ and down payment assistance programs, including the NC 1st Home Advantage Down Payment, visit our Home Buyer section.

Notice: Rates are subject to change without notification

  • All loans are 30-year, fixed-rate with 0 discount points.
  • APR is calculated using a loan amount of $225,000, 1% origination fee and estimated fees*.
  • Lock-in Period is 60 days from initial lock-in date to loan purchase date.
  • DPA is down payment assistance from the Agency.



*Only a participating lender can quote actual APRs. APRs shown above are for illustration only. The actual APR charged by your lender will vary and is based on a number of factors, including the actual loan amount, loan type, mortgage insurance premiums, fees and other costs specific to the lender and your loan. Origination fees are not required on Agency loans, but the lender may charge up to 1% origination fee.