Pruitt Miller Realty Group: 704.608.2794 | Contact Us

Charlotte University, Ballantyne and Lake Norman Homes | 704.608.2794Charlotte University, Ballantyne and Lake Norman Homes | 704.608.2794

Specializing in homes in University City, Ballantyne and Lake Norman areas of Charlotte

Charlotte University, Ballantyne and Lake Norman Homes

  • Menu
  • Home
  • SEARCH
    • Advanced Search
    • Search by School District
  • Communities
    • Charlotte – North
    • Charlotte – South
    • Uptown Charlotte
    • Ballantyne
    • Waxhaw
    • Concord
    • Lake Wylie & Steele Creek
    • Harrisburg
    • Weddington
    • Mint Hill
    • Matthews
    • Huntersville
    • Union County
  • Buyers
    • Tips for Buying Homes in Charlotte, NC
    • First Time Buyers Guide
    • New Home Communities And New Home Builders
    • Retirement Communities in Charlotte – 55+ Communities
    • Buying For Investment
    • Luxury Homes for Sale in Charlotte NC
    • USDA Homes For Sale
    • 9 Mistakes Home Buyers Make And How To Avoid Them
  • Sellers
    • Sell My Home Fast Charlotte NC
    • Home Sellers
    • Current Market Reports & Home Sale Data
    • Charlotte FSBO
    • Preparing Your Home
    • 14 Costly Mistakes When Selling
  • Charlotte
    • About Charlotte NC
    • Relocating To Charlotte NC
    • Local Links
  • About
    • Meet The Team
    • Success Stories
  • Resources
    • Free Reports
    • Apply Online
    • Down Payment Assistance
  • Blog
  • Our Featured Properties

Stop Renting! An MCC & The NC Home Advantage Mortgage Can Help

North Carolina housing down payment assistance

Too many people think they’re stuck renting, but help is out there. Some programs specifically exist to help renters with low to moderate income achieve home ownership.

Mortgage Credit Certificate (MCC)

The NC Housing Finance Agency lets qualifying home owners claim a tax credit up to $2,000 every year they live in the home. The Mortgage Credit Certificate (MCC) can significantly reduce your federal income liability and leave you with more money to put toward mortgage payments. Typically, it would leave you with what amounts to around $165 bucks per month in money you don’t have to pay towards federal taxes for as long as you own and live in your home. If you want to get an MCC, you have to get one during the purchasing process! You can’t do it later.

You also have to use a lender that participates in this program. If a lender doesn’t participate, they probably won’t even let you know that this program exists. Here’s a list of MCC participating lenders and here’s more info on the program. There are income limits, but they are very reasonable. In some counties in North Carolina, a family of three can make nearly $90,000 annually and still qualify. Essentially, this is the perfect way for renters to become homeowners.

NC Home Advantage Mortgage™

You can use your MCC in conjunction with the N.C. Home Advantage Mortgage. This mortgage offers genuine down payment assistance. It will pay up to 5% of the loan in the form of a down payment if you qualify. This doesn’t get paid back. This is to help more people get into homes.

Plus, there’s also the NC 1st Home Advantage Down Payment.  This can provide $8,000 in down payment assistance to new buyers. This might be a better option, but a lender approved to work with the NC Housing Finance Agency will help figure out the best option for you. So, even if you’ve been told by another lender that you’re not getting into a home any time soon, doesn’t mean that’s true. Make sure to check with lenders who are able to offer these programs and you might be packing up to move into your first home in a Charlotte suburb this fall!

Are You Looking for a New Home in the Charlotte Area?

If you’re moving to Charlotte, we can help you find the perfect home, no matter what you’re looking for. Looking for a home with green amenities like solar panels or geothermal systems? Let us know! Our dedicated real estate team can keep an eye out for homes featuring things not usually listed in data bases and keep you informed, if you contact us and let us know what to look out for. Give us a call at 704-608-2794 or get in touch with us online to let us know what you’re looking for. We’ll help you find it!

Feel free to use our online tool to search for Charlotte real estate listings set to your specifications. If you need down payment assistance in North Carolina, we can help you find resources! If you’d like access to our exclusive real estate reports and worksheets for FREE, just fill out our simple, online, information request form.

In the meantime, please check out our:

  • North Charlotte homes for sale
  • South Charlotte homes for sale
  • Uptown Charlotte homes for sale
  • Homes for active adults in 55+ communities
  • Charlotte area Luxury homes for sale
  • Charlotte area New Construction homes for sale

Looking outside the city? Check out:

  • Ballantyne homes for sale
  • Harrisburg homes for sale
  • Steele Creek and Lake Wylie homes for sale
  • Concord homes for sale
  • Mint Hill homes for sale
  • Waxhaw homes for sale
  • Weddington homes for sale
  • Matthews homes for sale
  • Huntersville homes for sale
  • Union County homes for sale

Want help with home staging or home improvement ideas? Just ask or follow our blog! We also offer FREE real estate advice guides. For example, one guide points out nine common mistakes to avoid if you’re buying a new home. Another warns sellers about 14 common mistakes homeowners make when selling their homes.

Spread the love

Posted in: Buyers, Charlotte lifestyle real estate blog, Charlotte USDA Homes, Home Buying, Mortgages Tagged: down payment assistance, Mortgage Credit Certificate (MCC), NC Home Advantage Mortgage™, NC Housing Finance Agency

Quick Home Value

Get a FREE CMA NOW!

Find out the REAL Value of your home in today's market with a FREE Comparable Market Analysis!

Charlotte NORTH Communities

  • University City
  • Concord – (Cabarrus county)
  • Harrisburg – (Cabarrus county)
  • Huntersville – (Lake Norman)
  • Cornelius – (Lake Norman)
  • Davidson – (Lake Norman)
  • Denver – (Lake Norman)
  • Mooresville – (Lake Norman)
  • Sherrills Ford – (Lake Norman)
  • Troutman – (Lake Norman)

Charlotte NORTH Communities

  • University City
  • Concord – (Cabarrus county)
  • Harrisburg – (Cabarrus county)
  • Huntersville – (Lake Norman)
  • Cornelius – (Lake Norman)
  • Davidson – (Lake Norman)
  • Denver – (Lake Norman)
  • Mooresville – (Lake Norman)
  • Sherrills Ford – (Lake Norman)
  • Troutman – (Lake Norman)

Quick Property Search

Charlotte NORTH Communities

  • University City
  • Concord – (Cabarrus county)
  • Harrisburg – (Cabarrus county)
  • Huntersville – (Lake Norman)
  • Cornelius – (Lake Norman)
  • Davidson – (Lake Norman)
  • Denver – (Lake Norman)
  • Mooresville – (Lake Norman)
  • Sherrills Ford – (Lake Norman)
  • Troutman – (Lake Norman)

Charlotte NORTH Communities

  • University City
  • Concord – (Cabarrus county)
  • Harrisburg – (Cabarrus county)
  • Huntersville – (Lake Norman)
  • Cornelius – (Lake Norman)
  • Davidson – (Lake Norman)
  • Denver – (Lake Norman)
  • Mooresville – (Lake Norman)
  • Sherrills Ford – (Lake Norman)
  • Troutman – (Lake Norman)

Charlotte NORTH Communities

  • University City
  • Concord – (Cabarrus county)
  • Harrisburg – (Cabarrus county)
  • Huntersville – (Lake Norman)
  • Cornelius – (Lake Norman)
  • Davidson – (Lake Norman)
  • Denver – (Lake Norman)
  • Mooresville – (Lake Norman)
  • Sherrills Ford – (Lake Norman)
  • Troutman – (Lake Norman)

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Post navigation

« How The Latest Version Of FICO Will Score Credit Differently
Dance and Theatre Opportunities in Charlotte, NC »

Search

Search for:

From the Blog

what is a conventional loan - charlotte homes for sale

The Truth About Offerpad in Charlotte

va loan info - charlotte real estate listings

Winter is the Best Time to Sell Your Home in Charlotte

Buying Flood Insurance in Charlotte, North Carolina

Charlotte’s Tree Ordinance

A Look At Hurricane Florence’s Impact On Charlotte Real Estate

Featured Charlotte Homes

No properties found

Account Login

Do you already have an account? You can log in here:

Homes for sale in Charlotte NC

Pruitt Miller Realty Group - Huntersville
Homes for sale in Charlotte NC
13420 Reese Blvd W
Huntersville, NC 28078
Direct Phone: 704-608-2794

Trending Charlotte Homes

Retirement Communities in Charlotte NC | Retirement Homes in Charlotte NC | Relocating to Charlotte NC | Charlotte Luxury Homes | Homes for Sale in Matthews NC | Homes for Sale in Charlotte North Carolina | New Construction Charlotte NC | Homes for Sale in Weddington NC | Waxhaw NC Homes for Sale | Huntersville NC Homes for Sale | Ballantyne NC Homes for Sale | Search Charlotte MLS

Popular Homes in Charlotte

Charlotte NC Homes for Sale in Bradfield Farms | Homes for Sale University City | Charlotte NC Homes for Sale in Berewick | Charlotte NC Homes for Sale in Steele Creek Landing | Charlotte NC Homes for Sale in Rocky Ridge | Charlotte NC Homes for Sale in Steeplechase | Hathaway Hills Homes for Sale in Charlotte NC | Charlotte NC Homes for Sale in the Palisades | Charlotte NC Homes for Sale in Westmoreland
© 2023 · Pruitt Miller Realty Group - Huntersville, Derhyl Pruitt · 704-608-2794 · Sitemap · IDX Sitemap · IDX XML Sitemap · Accessibility Statement · Privacy Policy · Charlotte NC Homes for Sale
Disclaimer - All Rights Reserved by Pruitt Miller Realty Group - Huntersville, Derhyl Pruitt

Log in · Real Estate Websites by Real Estate Websites by YourSiteNeedsMe.com
Rated 5 / 5 based on 23 reviews. | Review Us