Deferred second loan
Downpayment Assistance Program
First-time homebuyers · Income limits · Single-family detached · Townhome · Condominium
Down payment assistance · Cabarrus County
Buying a home in Concord, NC
1 Concord program and 6 statewide.Concord has 1 program of its own, and 6 statewide. Here is what each one offers, what the local market looks like, and who near you can walk you through it.
Find my programs Free · No credit pull · 90 seconds
Only for Concord addresses
Concord’s own program
The Concord marketThe Concord housing market
Kinds of homes hereWhat’s for sale here, and what the programs accept
Kinds of homes in Concord
- 72.3% single-familysingle-family
- 3.3% townhousetownhouse
- 4% 2–4 units2–4 units
- 17.4% 5+ unitscondo & apartment buildings (5+ units)
- 3% mobile & othermobile home & other
Condos count. Concord’s one local program accepts condos.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.
When Concord’s homes were built
pre-19401970s2020+
27.5%
of Concord homes were built before 1980. Pre-1978 homes come with a federal lead-paint disclosure.of homes were built before 1980. A home built before 1978 comes with a federal lead-paint disclosure, and some programs require an inspection.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25034.
$117,400
County area median income, 4 people (HUD)HUD area median income, Cabarrus County, 4-person household (2026)
$86,921
Concord median household incomeMedian household income in Concord (Census, 2024)
13 of the 69 programs here set their income limit as a share of Cabarrus County’s area median income, adjusted for household size. See the published limits for Cabarrus County
Free help nearbyFree help near Concord
1 HUD-approved counseling agency within 15 miles1 HUD-approved housing counseling agency within 15 miles
Concord’s program asks for a homebuyer class first. Create a free account to see who’s near you and pick one.Downpayment Assistance Program asks for a homebuyer class. A HUD-approved counselor teaches it and can walk you through your options. Create a free account to see who’s near you and pick one.
Find my counselor
Free account → 90-second match → your counselors · Sign in
Across North Carolina and nationwide
68 statewide & federal programs6 statewide programs, plus federal options
Concord questions
Does Concord have its own down payment program?
Yes, one: Downpayment Assistance Program, a deferred second loan for first-time homebuyers (forgiven over 5 yrs, income limits). It is for homes inside Concord.
Can I use assistance on a condo in Concord?
Concord’s one local program accepts condos. Each program’s page lists the kinds of homes it accepts, and the agency confirms it for the home you choose.
What is the income limit in Cabarrus County?
Each program sets its own. 13 of the programs here set theirs as a share of HUD’s area median income for Cabarrus County, adjusted for household size. HUD publishes the median each year; the 2026 figure is shown above and on the published limits page.
Where can I take a homebuyer class near Concord?
HUD-approved housing counseling agencies teach homebuyer classes, and 1 agency is within 15 miles of Concord. Create a free account and take the 90-second match to see the ones near you.
ZIP codes
28025 · 28026 · 28027
Nearby in Cabarrus
Sources
Sources: agency sites (July–September 2026), Census ACS 2024 5-year, HUD FY2026, HUD counseling list. Hey Prescott is not a lender.Programs: Hey Prescott catalog of 2,000+ programs, each verified with its agency (July–September 2026). Market: U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Income: HUD FY2026 income limits. Counselors: HUD list of approved housing counseling agencies. Hey Prescott is not a lender.