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 → |
| 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+ | Grant | Up to $15,000 in home purchase assistance for down payment and closing costs | No | View → |
| NC 1st Home Advantage Down Payment | Forgivable Loan | $15,000 | Yes | View → |
| NC Home Advantage Mortgage | Deferred Loan | Up to 3% 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:
- 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:
- Grant
- Amount:
- Up to $15,000 in home purchase assistance for down payment and closing costs
- First-time only:
- No
- Type:
- Forgivable Loan
- Amount:
- $15,000
- First-time only:
- Yes
- Type:
- Deferred Loan
- Amount:
- Up to 3% 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 → |
| 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:
- 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 | Repayable 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:
- Repayable Loan
- Amount:
- No down payment, no closing costs, no fees, plus below-market interest rate mortgage
- First-time only:
- No
How to Apply
Step 1: 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.
Step 2: 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.
Step 3: 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.
Step 4: 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.
Step 5: Contact DreamKey Partners to check availability of the NeighborhoodLIFT program for additional forgivable down payment assistance in Cabarrus County.
Step 6: Submit your applications and complete the review process. The city will coordinate your House Concord assistance with your lender at closing.
Frequently Asked Questions
How much down payment assistance can I get in Concord?+−
Do I have to be a first-time homebuyer to qualify?+−
What is the maximum home price for the House Concord program?+−
What homebuyer education is required?+−
Is the House Concord assistance truly forgivable?+−
Can Habitat for Humanity help me buy a home in Concord?+−
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