Homebuyer Programs in High Point, NC (2026)

Last updated March 21, 2026 | Population: 118,500 | Median home price: $260,000 | Est. closing costs: $5,000 - $8,000

Skyline of High Point, NC

High Point, North Carolina is the state's ninth-largest city and a major hub in the Piedmont Triad, known as the Furniture Capital of the World with a median home price around $260,000. The city offers its own homebuyer programs including the High Point City-Wide Homebuyer Assistance Program with up to $7,500 in forgivable loans for low-to-moderate income buyers, and the High Point Core City Homebuyer Incentive Program offering up to $5,000 with no income restrictions for purchases in the Core City area. Buyers also benefit from the Guilford County Homebuyer Down Payment Assistance Program, the Housing Consultants Group IDA matched savings program with up to $2,000, and statewide programs like the NC 1st Home Advantage Down Payment providing up to $15,000. By combining city, county, and state programs, High Point homebuyers can potentially stack significant assistance to make homeownership more affordable.

Top Homebuyer Programs in High Point

High Point City-Wide Homebuyer Assistance Program
Type:
Forgivable Loan
Amount:
Up to $7,500
First-time only:
Yes
High Point Core City Homebuyer Incentive Program
Type:
Forgivable Loan
Amount:
Up to $5,000
First-time only:
No
High Point Housing Authority HCV Homeownership Program
Type:
Grant
Amount:
Monthly mortgage subsidy (same as rental voucher amount)
First-time only:
Yes
Guilford County Homebuyer Down Payment Assistance Program
Type:
Forgivable Loan
Amount:
Minimum $1,000; cannot exceed 20% of the purchase price
First-time only:
Yes
FHA Loans
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
FHLBA Community Partners Product
Type:
Forgivable Loan
Amount:
Up to $20,000 in home purchase assistance for down payment and closing costs
First-time only:
No
FHLBA First Time Homebuyer Product
Type:
Forgivable Loan
Amount:
Up to $17,500 in home purchase assistance for down payment and closing costs
First-time only:
Yes
FHLBA Workforce Housing Plus+
Type:
Forgivable Loan
Amount:
Up to $15,000 in home purchase assistance for down payment and closing costs
First-time only:
No
Good Neighbor Next Door (HUD)
Type:
Government Property Sale Program
Amount:
50% discount off the list price of HUD-owned homes
First-time only:
Yes
Home Possible Mortgage (Freddie Mac)
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
HomeReady Mortgage (Fannie Mae)
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
HUD $100 Down Program
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
USDA Rural Development Loans
Type:
Government-Guaranteed Mortgage
Amount:
100% financing (no down payment required); loan amount up to appraised value
First-time only:
No
VA Loans
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
Habitat for Humanity of High Point, Archdale & Trinity Homeownership Program
Type:
Zero-Interest Loan
Amount:
Affordable Habitat mortgage with zero-interest 25-year loan
First-time only:
No
Housing Consultants Group IDA Program
Type:
Grant
Amount:
Up to $2,000 in matched savings
First-time only:
Yes
NACA Homebuyer Program
Type:
Zero-Interest Loan
Amount:
No down payment, no closing costs, no fees, plus below-market interest rate mortgage
First-time only:
No
Community Partners Loan Pool (CPLP)
Type:
Deferred Loan
Amount:
Up to 25% of the sales price, maximum $50,000
First-time only:
No
NC 1st Home Advantage Down Payment
Type:
Forgivable Loan
Amount:
$15,000
First-time only:
Yes
NC Home Advantage Mortgage
Type:
Deferred Loan
Amount:
Up to 5% of the loan amount
First-time only:
No
ReBuild NC Homeownership Assistance Program (HAP)
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
Self-Help Loan Pool (SHLP)
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

How to Apply

  1. Step 1:

    Check your eligibility. Review income limits for the High Point City-Wide program (very low-to-moderate income, or 80% AMI) and note that the Core City Incentive Program has no income restrictions. Asset limits for city programs are under $20,000.

  2. Step 2:

    Complete homebuyer education. A minimum of 8 hours of pre-purchase homebuyer education is required. Contact the Housing Consultants Group at (336) 553-0946 ext. 1 for class schedules and enrollment. The Housing Consultants Group is a HUD-approved counseling agency located at 804 Lindsay Street, High Point, NC 27262.

  3. Step 3:

    Get pre-approved for a mortgage. Work with a participating lender. 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'll need a credit score of at least 640 for state programs.

  4. Step 4:

    Contact the City of High Point Affordable Housing Division at (336) 553-0946 to discuss which city programs fit your situation and begin the application process. You must invest a minimum of $500 toward the purchase for the City-Wide program.

  5. Step 5:

    Find a home within program limits. For the City-Wide program, the home must be within High Point city limits and meet minimum housing code requirements. For the Core City Incentive, the home must be in the defined Core City area or Springbrook Meadows with a sales price under $200,000.

  6. Step 6:

    Submit your application and complete the environmental review process. The city will process your application and coordinate loan closing with your lender. Expect the review process to take several weeks.

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