Wake County Affordable Homeownership Program

The Affordable Homeownership Program was created to promote wealth creation through homeownership opportunities. The program helps first-time homebuyers achieve the dream of homeownership

PLEASE NOTE – FUNDING IS DEPLETED AT THIS TIME.
Funding for the Wake County Affordable homeownership program is anticipated to become available again on a first-come, first serve basis the third quarter of 2025.

  • The Affordable Homeownership Program offers forgivable, no monthly payment loans up to $50,000 to low- to moderate-income households. Serving all Wake County municipalities, outside of Raleigh and Cary.*

    DHIC will administer the program and provide essential homebuyer education and and one-on-one sessions, when requested.

  • Home purchase assistance for first-time homebuyers

  • To qualify, applicants must meet the following requirements:

    • Have a household income that is at or below 80% Area Median Income (AMI).

    • Individuals interested in purchasing their first home.

    *Raleigh and Cary are excluded due to the federal funding source supporting the program.

Additional Requirements/ Information:

Wake County 80% Income Limits by Household Size:
1-Person: $68,500
2-Person: $78,250
3-Person: $88,050
4-Person: $97,800
*2024 limits. Updated annually.

Maximum Sales Price: None
Minimum Credit Score: 640
Property Eligibility: New construction and existing homes

Eligible cities/townships: Apex, Fuquay-Varina, Garner, Holly Springs, Knightdale, Morrisville, Rolesville, Wake Forest, Wendell or Zebulon.

Please note – The program lenders listed below are the only approved lenders to contact specifically for the Wake County Affordable Homeownership program.

Approved Lenders for the Wake County Affordable Homeownership Program:

Ameris Bank Mortgage

Bank of America

Coastal Federal Credit Union

Fifth Third Bank

First Bank

First Citizens

GoPrime Mortgage, Inc.

Guaranteed Rate

Habitat for Humanity of Wake County

HomeTrust Bank

Intercoastal Mortgage

Monarch Mortgage

Movement Mortgage

My Mortgage

North State Bank

NVR Mortgage

Pinnacle Bank

PNC Bank

PrimeLending

Primary Residential Mortgage, Inc.

Primis Mortgage

Truist Bank

Union Home Mortgage

United Community Mortgage

For questions or for more information on the application process, call DHIC at (919) 615-3720 or email us at WakeAHP@dhic.org.