North Carolina Mortgage Guide
Complete North Carolina mortgage guide with median home prices, property tax rates, denial rates, and down payment assistance programs for 2026.
In North Carolina, the median home price is $335,595 and median household income is $70,804. The mortgage denial rate for home purchases is 10.80% according to 2025 HMDA data. 2 down payment assistance programs are available, including NC Home Advantage Mortgage (Up to 3% of loan amount in down payment assistance for first-time and move-up buyers; 0% deferred second mortgage.).
North Carolina at a Glance
Median prices based on 2025 FHFA data. Income from 2024 Census ACS. Denial rates from 2025 HMDA data.
Mortgage Calculator for North Carolina
Estimate your monthly payment with the interactive North Carolina mortgage calculator. Includes property taxes, mortgage insurance, and down payment assistance programs.
Open Calculator →Mortgage Denial Rates in North Carolina
In 2025 Home Mortgage Disclosure Act (HMDA) data for home purchases, North Carolina logged 222,959 final-action applications. The mortgage denial rate was 10.80% and the originated share was 67.21%.
These figures show aggregated market outcomes, not an individual buyer's approval odds. Use these figures as context, not a prediction.
Down Payment Assistance Programs in North Carolina
NC Home Advantage Mortgage
North Carolina Housing Finance Agency (NCHFA)
Up to 3% of loan amount in down payment assistance for first-time and move-up buyers; 0% deferred second mortgage.
NC 1st Home Advantage Down Payment
NCHFA
$15,000 in down payment assistance for first-time buyers and veterans; 0% deferred second mortgage forgiven over years 11-15.
North Carolina County Calculators
These calculators use local tax and benefit data for each county.
Denial: 10.54% · Tax: 0.55% · 2 DPA programs
Denial: 6.59% · Tax: 0.55% · 2 DPA programs
Denial: 9.17% · Tax: 0.54% · 2 DPA programs
Denial: 11.53% · Tax: 0.73% · 2 DPA programs
Denial: 7.29% · Tax: 0.49% · 2 DPA programs
Denial: 6.53% · Tax: 0.31% · 2 DPA programs
Denial: 6.92% · Tax: 0.52% · 2 DPA programs
North Carolina City Calculators
These calculators include local taxes, closing costs, and assistance programs for each city.
North Carolina Mortgage FAQ
What is the median home price in North Carolina?
The median home price in North Carolina is approximately $336,000 as of 2025, based on FHFA housing price index data.
Does North Carolina have down payment assistance programs?
Yes. NCHFA offers NC Home Advantage (up to 3% DPA), NC 1st Home Advantage ($15,000 DPA for first-time buyers and veterans), and Community Partners Loan Pool (up to 25% for low-income buyers).
What is the mortgage denial rate in North Carolina?
The statewide mortgage denial rate for home purchases in North Carolina is 10.80% based on 2025 HMDA data.
How do North Carolina property taxes compare to other states?
North Carolina has moderate property taxes, averaging around 0.80%, below the national average. The state offers a homestead exclusion for primary residences.