NC 1st Home Advantage Down Payment in Mecklenburg County, North Carolina
NC 1st Home Advantage DPA gives $15,000. In Mecklenburg County the income limit is $117,000 (1-2 person household) and $135,000 (3 or more persons) and the purchase price limit is $525,000, per North Carolina Housing Finance Agency's limits table (see the effective-date note below).
Program status, checked November 14, 2026
Listed as offered on the agency's page, with no pause or out-of-funds notice
Confirm with a participating lender.
Status source. Funding and pauses change without notice; confirm with a participating lender.
NC 1st Home Advantage DPA income limits in Mecklenburg County
| Household | Income limit |
|---|---|
| 1-2 person household | $117,000 |
| 3 or more persons | $135,000 |
Table is headed for the MRB ($15,000 DPA) program; it does not say what income counts. Applies to locks on or after June 15, 2026.
Source: North Carolina Housing Finance Agency limits table. Effective: For all locks on or after June 15th, 2026 (workbook created 2026-06-18).
Purchase price limit in Mecklenburg County
| Limit | Amount |
|---|---|
| Sales price limit | $525,000 |
What NC 1st Home Advantage DPA gives and the rules
Amount: $15,000
Form: 0% deferred second mortgage, forgiven 20% per year at the end of years 11-15, fully forgiven at the end of year 15; repayment due only if the home is sold, refinanced or transferred before year 15.
- First-time buyer: required. You haven't owned a home as your principal residence in the past three years; military veterans and buyers in a targeted census tract also qualify.
- Minimum credit score: 640.
- Must pair with: An NC Home Advantage Mortgage (FHA, USDA, VA or conventional) through a participating lender.
- Occupy as principal residence within 60 days of closing.
- Must be a legal resident of the United States.
- Eligible: single-family homes, townhouses, condominiums, manufactured homes (660 credit score required).
- Must meet the income and sales price limits.
How to apply
Through an NCHFA participating lender. Find a participating lender
Check your household
These limits are set by North Carolina Housing Finance Agency, not HUD. Mecklenburg County HUD income limits → Mecklenburg County first-time buyer programs →
Frequently asked questions
What is the NC 1st Home Advantage DPA income limit in Mecklenburg County?
1-2 person household: $117,000; 3 or more persons: $135,000. Table is headed for the MRB ($15,000 DPA) program; it does not say what income counts. Applies to locks on or after June 15, 2026. Per North Carolina Housing Finance Agency's limits table (For all locks on or after June 15th, 2026 (workbook created 2026-06-18)).
What is the NC 1st Home Advantage DPA purchase price limit in Mecklenburg County?
Sales price limit: $525,000. Per North Carolina Housing Finance Agency's limits table.
Is NC 1st Home Advantage DPA open right now?
Listed as offered on the agency's page, with no pause or out-of-funds notice. Confirm with a participating lender. Checked November 14, 2026; confirm with a participating lender before you rely on it.
Sources
- Income and sales price limits workbook (locks on or after June 15, 2026)
- NC 1st Home Advantage Down Payment page
- NC Home Advantage Mortgage page
- North Carolina Housing Finance Agency
Checked November 14, 2026. Every figure above is copied from the agency documents listed here; we do not compute or estimate limits.
Other counties for NC 1st Home Advantage DPA
General information, not lending advice. Program rules, limits and funding change; confirm with North Carolina Housing Finance Agency and a participating lender.
Mecklenburg County overview