The NCHFA (North Carolina Housing Finance Agency) is a program that helps home buyers that need assistance in buying (or keeping) a North Carolina home. Offering service to those with modest incomes, their HomeFirst mortgages have helped many NC residents to own their piece of the American dream. If you are a first time home buyer in North Carolina, with moderate income and decent credit, you may be eligible for the various programs offered by the NCHFA.

NCHFA offers mortgages at below market interest rates with its FirstHome product. Its Mortgage Credit Certificate is a tax credit for up to 20% of mortgage interest paid for a specified period of time. The DAP Down Payment Assistance is an interest-free, deferred second mortgage that can pay down payment and closing costs.

There are preferred lenders throughout the state of North Carolina that work with the NCHFA. These individuals will guide you through the financial side of the process, from application to closing. They'll help you get the needed documentation for qualifying and work with the NCHFA while your mortgage is finalized.

It is also very important to find a real estate agent who is also familiar with NCHFA and the benefits it can offer you. If you are a North Carolina resident, look for a Realtor who enjoys working with people looking for their first home. Find one with experience and expertise with the first home buyers programs that are available from the federal government, but also for residents of your state. In North Carolina, for example, your real estate agent should have a good knowledge on what is required for an NCHFA home.

Your contact for NCHFA homes is Vivian Olkin. "Crazy Viv" is well known for her assistance in helping individuals become first time home buyers. If you're looking for a home in the Chapel Hill, Durham or Carrboro areas, start your journey to your new home now and contact Vivian at http://www.crazyvivhomes.com/for-first-time-home-buyers. Article Source: http://EzineArticles.com/?expert=Vivian_Olkin