See programs you qualify for
Get Matched Free →By Tyler Thompson · Licensed Real Estate Agent · Updated March 21, 2026
Homebuyer Programs in Concord, NC (2026)
Concord, North Carolina is a fast-growing city in the Charlotte metro area and the county seat of Cabarrus County, with a median home price around $385,000. The city offers the House Concord Down Payment Assistance Program, providing up to $10,000 in forgivable loans for first-time buyers with incomes at or below 80% AMI, with a purchase price cap of $332,000 for existing homes. The DreamKey Partners NeighborhoodLIFT Program also serves Cabarrus County with forgivable down payment assistance for owner-occupied purchases. At the state level, the NC 1st Home Advantage Down Payment offers up to $15,000, and the Community Partners Loan Pool provides up to $50,000 or 25% of the purchase price. By combining local, nonprofit, and state programs, Concord homebuyers can stack significant assistance to reduce their out-of-pocket costs.
City Programs in Concord
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| House Concord Down Payment Assistance Program | Forgivable Loan | Up to $10,000 | Yes | View → |
- Type:
- Forgivable Loan
- Amount:
- Up to $10,000
- First-time only:
- Yes
State Programs in North Carolina
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| Community Partners Loan Pool (CPLP) | Deferred Loan | Up to 25% of the sales price, maximum $50,000 | No | View → |
| NC 1st Home Advantage Down Payment | Forgivable Loan | $15,000 | Yes | View → |
| NC Home Advantage Mortgage | Deferred Loan | Up to 5% of the loan amount | No | View → |
| ReBuild NC Homeownership Assistance Program (HAP) | Forgivable Loan | Up to $30,000 in down payment assistance plus up to 5% of sales price for closing costs | Yes | View → |
| Self-Help Loan Pool (SHLP) | Zero-Interest Loan | Up to $50,000 (max $35,000 if home is within one of 24 CDBG Entitlement Cities in NC) | No | View → |
- Type:
- Deferred Loan
- Amount:
- Up to 25% of the sales price, maximum $50,000
- First-time only:
- No
- Type:
- Forgivable Loan
- Amount:
- $15,000
- First-time only:
- Yes
- Type:
- Deferred Loan
- Amount:
- Up to 5% of the loan amount
- First-time only:
- No
- Type:
- Forgivable Loan
- Amount:
- Up to $30,000 in down payment assistance plus up to 5% of sales price for closing costs
- First-time only:
- Yes
- Type:
- Zero-Interest Loan
- Amount:
- Up to $50,000 (max $35,000 if home is within one of 24 CDBG Entitlement Cities in NC)
- First-time only:
- No
Federal Programs
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| FHA Loans | Government-Insured Mortgage | Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026) | No | View → |
| FHLBA Community Partners Product | Forgivable Loan | Up to $20,000 in home purchase assistance for down payment and closing costs | No | View → |
| FHLBA First Time Homebuyer Product | Forgivable Loan | Up to $17,500 in home purchase assistance for down payment and closing costs | Yes | View → |
| FHLBA Workforce Housing Plus+ | Forgivable Loan | Up to $15,000 in home purchase assistance for down payment and closing costs | No | View → |
| Good Neighbor Next Door (HUD) | Government Property Sale Program | 50% discount off the list price of HUD-owned homes | Yes | View → |
| Home Possible Mortgage (Freddie Mac) | Government-Guaranteed Mortgage | Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment | No | View → |
| HomeReady Mortgage (Fannie Mae) | Government-Guaranteed Mortgage | Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment | No | View → |
| HUD $100 Down Program | FHA-Financed HUD REO Purchase | Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs. | No | View → |
| USDA Rural Development Loans | Government-Guaranteed Mortgage | 100% financing (no down payment required); loan amount up to appraised value | No | View → |
| VA Loans | Government-Guaranteed Mortgage | No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026) | No | View → |
- Type:
- Government-Insured Mortgage
- Amount:
- Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)
- First-time only:
- No
- Type:
- Forgivable Loan
- Amount:
- Up to $20,000 in home purchase assistance for down payment and closing costs
- First-time only:
- No
- Type:
- Forgivable Loan
- Amount:
- Up to $17,500 in home purchase assistance for down payment and closing costs
- First-time only:
- Yes
- Type:
- Forgivable Loan
- Amount:
- Up to $15,000 in home purchase assistance for down payment and closing costs
- First-time only:
- No
- Type:
- Government Property Sale Program
- Amount:
- 50% discount off the list price of HUD-owned homes
- First-time only:
- Yes
- Type:
- Government-Guaranteed Mortgage
- Amount:
- Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
- First-time only:
- No
- Type:
- Government-Guaranteed Mortgage
- Amount:
- Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
- First-time only:
- No
- Type:
- FHA-Financed HUD REO Purchase
- Amount:
- Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.
- First-time only:
- No
- Type:
- Government-Guaranteed Mortgage
- Amount:
- 100% financing (no down payment required); loan amount up to appraised value
- First-time only:
- No
- Type:
- Government-Guaranteed Mortgage
- Amount:
- No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)
- First-time only:
- No
Nonprofit Programs
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| DreamKey Partners NeighborhoodLIFT Program | Forgivable Loan | Forgivable loan for down payment and closing costs | Yes | View → |
| Habitat for Humanity Cabarrus County Homeownership Program | Zero-Interest Loan | Affordable Habitat mortgage with zero-interest terms | No | View → |
| NACA Homebuyer Program | Zero-Interest Loan | No down payment, no closing costs, no fees, plus below-market interest rate mortgage | No | View → |
- Type:
- Forgivable Loan
- Amount:
- Forgivable loan for down payment and closing costs
- First-time only:
- Yes
- Type:
- Zero-Interest Loan
- Amount:
- Affordable Habitat mortgage with zero-interest terms
- First-time only:
- No
- Type:
- Zero-Interest Loan
- Amount:
- No down payment, no closing costs, no fees, plus below-market interest rate mortgage
- First-time only:
- No
How to Apply
Check your eligibility. The House Concord program requires first-time buyer status and income at or below 80% AMI for the Concord-Gastonia HUD Metro area. You must also contribute a minimum of $1,000 toward the purchase price.
Complete an 8-hour homebuyer education workshop through a HUD-certified agency. DreamKey Partners, a HUD-approved housing counseling agency serving the Charlotte metro including Cabarrus County, offers homebuyer education courses.
Get pre-approved for a mortgage. If applying for the NC Home Advantage Mortgage, use an NCHFA-approved lender to access up to $15,000 in state down payment assistance. You will need a credit score of at least 640 for state programs.
Contact the City of Concord Business and Neighborhood Services Division to apply for the House Concord program. Find a single-family home or manufactured home within Concord city limits priced at or below $332,000 for existing homes or $350,000 for new construction.
Contact DreamKey Partners to check availability of the NeighborhoodLIFT program for additional forgivable down payment assistance in Cabarrus County.
Submit your applications and complete the review process. The city will coordinate your House Concord assistance with your lender at closing.