The House Charlotte Program is a homebuyer assistance program that assists buyers with their down payment by granting them a forgivable deferred loan.   Homebuyers can get between $7,500 and $17,000 in assistance based on various criteria.

The funds can be used as down payment, closing cost (that may also include credit repair/counseling), and interest rate buy-down.   House Charlotte will assist buyers looking for re-sale properties as well as new construction.   As with all programs, there are certain eligibility requirements.  In the case of House Charlotte Program, the home must be the buyer’s principal residence and located in Charlotte city limits.  The buyer will need to complete a pre-purchase homebuyer education program.

There are also income and credit requirements as well.  The maximum purchase price on a resell home is $200,000 and $230,000 for new construction.

To see if you qualify for the House Charlotte Downpayment Assistance Program,  you can

APPLY ONLINE or call 704-965-3319 to apply over the phone.  The Pruitt Miller Realty Group is a one-stop-shop for all of your home buying needs.  Let us help you get into the home of your dreams!

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