The North Carolina Housing Finance Agency works with participating lenders throughout the state to provide affordable mortgage options for first-time and move-up buyers. Our products can help you increase your loan volume and make a difference in your community. We offer all the resources you need, including training and marketing materials, to help you get started. Learn more about our mortgage products and apply to become a participating lender. If you’re already a partner, you can manage your loans through our Online Lender Services (OLS) system. 

Train With Us

We offer online and in-person training for participating lenders. Join us at an upcoming class to learn more about our mortgage products!

  • NC Home Advantage Mortgage™

    Our participating lenders are able to offer the NC Home Advantage Mortgage™ with down payment assistance to eligible first-time and move-up home buyers.
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  • NC Home Advantage Tax Credit

    Participating lenders can offer the NC Home Advantage Tax Credit, which allows eligible first-time buyers and military veterans to reduce their federal income tax by up to $2,000 a year if they apply and are approved by the NC Housing Finance Agency for a Mortgage Credit Certificate (MCC) prior to their home purchase.
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  • NC 1st Home Advantage Down Payment

    The NC 1st Home Advantage Down Payment provides eligible first-time home buyers and military veterans with $15,000 in down payment assistance.
    Learn more

We recommend lenders only lock their loans after a full underwrite has occurred by their internal underwriting staff. At a minimum, loans should be locked only after an appraisal, credit and AUS Findings are completed.

You must contact the Agency for all changes to locked loans. Please note that loan amounts may not change from the original lock by more than 10%.

Rates are locked upon receipt of the lock confirmation. Borrowers may not withdraw and re-lock at a lower rate. A borrower must wait 60 days after the withdrawal, cancellation or expiration of a lock before they may re-lock under the NC Home Advantage Mortgage™ program.

Borrowers may be allowed to re-lock at their original rate if the original property has changed and verification of changed property is provided. If market rates have changed since the initial lock-in, it is possible that they may be expected to lock-in a new rate for their new property.