Do I have to be a first-time buyer for NC 1st Home Advantage Down Payment?

Yes. The program lists a first-time buyer requirement.

Is there an income limit?

Yes. The listed income limit is 70% AMI.

What credit score does NC 1st Home Advantage Down Payment list?

The listed minimum credit score is 600.

NC 1st Home Advantage Down Payment

NC 1st Home Advantage Down Payment is a grant from NCHFA. Available statewide in North Carolina. Up to $20,000 toward a home purchase. For first-time buyers. Income limit: 70% AMI.

Up to $20,000

Listed as open as of May 2026

Available statewide in North Carolina.

First-time buyer	Required
Income limit	70% AMI
Minimum credit score	600
Maximum DTI	55%
Homebuyer education	Required (HFA-approved (Framework, eHome, NeighborWorks, etc.))
Occupations	LMI NC
Property types	SFR
Occupancy	Owner-occupied primary
Eligible loan products	USDA/FHA
Sales price cap	$280K
Repayment	5-yr occupancy
Stacking	LMI areas

Source NCHFA·official program page·Verified May 2026

Provider: NCHFA · program details at the provider’s site.

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