Wake County Mortgage Assistance Program


As funds become available, we will inform the lender partners listed below.

Wake County has allocated $712,000 for fiscal year 2023-2024. The Affordable Homeownership Program was created to promote wealth creation through homeownership opportunities. The program helps first-time homebuyers achieve the dream of homeownership.

What is The Affordable Homeownership Program?

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.

What can this program help me with?

Home purchase assistance for first-time homebuyers

Do I Qualify?

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 Income Limits by Household Size:
1-Person: $63,500
2-Person: $72,550
3-Person: $81,600
4-Person: $90,650

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:
Bank of America
Pinnacle Bank
Truist Bank
North State Bank
Intercoastal Mortgage
Ameris Bank Mortgage
GoPrime Mortgage, Inc.
Movement Mortgage
PNC Bank
First Citizens
Fifth Third Bank
Guaranteed Rate
My Mortgage
Coastal Federal Credit Union
Monarch Mortgage
Habitat for Humanity of Wake County
First Bank
NVR Mortgage
HomeTrust Bank
Primary Residential Mortgage, Inc.
Union Home Mortgage

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