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Downpayment Assistance

Up to $0 toward a down payment in NC.

Location
NC
Type
Deferred loan
Max assistance
$0
Income limit
$84,350
First-time buyer
Not required
Property types
Single family

Buncombe County's Downpayment Assistance program provides up to $40,000 in forgivable second-lien financing for low- to moderate-income buyers purchasing a home in Buncombe County (including the City of Asheville). Funded by the County's general fund and HOME funds. Forgiven 1/180th per month over a 15-year affordability period; repaid on sale or non-owner-occupancy.

Learn this program

Short reads on how it works, in plain language. Free, no sign-up needed to read.

Free course from Hey Prescott

Downpayment Assistance, explained

A short, free course on Downpayment Assistance: what it is, who it is for, when it is repaid, where it applies and how to apply. Based on program data from July 2026. About ten minutes.

5 modules · About 10 minutes

Program details are sourced from public agency data and may change. Confirm eligibility with a Hey Prescott loan officer before applying.