Program guide
What to know before you click through
This is still the free fact layer. Open the official source when a detail affects eligibility, repayment, lender choice, or whether this path should stay on your shortlist.
Who qualifies?
Income-eligible buyers at or below 80% of area median income, Buyers purchasing within High Point city limits outside the Core City area, Applicants using a participating lender, Buyers who complete the required homebuyer education
What support do you get?
Current City of High Point materials describe assistance up to $7,500 for eligible purchases within High Point city limits outside the Core City area.
Do you repay it?
Current High Point materials describe a five-year 0% deferred loan forgiven at 20% per year while the home remains the buyer's primary residence. Current public pages do not fully spell out the acceleration language for early sale, refinance, or non-occupancy, so public copy should avoid over-claiming the exact trigger clause.
How do you apply?
Work with a participating lender, tell the lender you want to use City assistance, complete the required 8-hour pre-purchase homebuyer education, and have the lender submit the city application through the lender portal for an eligible High Point purchase.
Application timing
The lender applies through the Neighborly portal; allow two weeks after a completed application for City processing and underwriting, with the DPA check sent to the closing attorney after the final Closing Disclosure is approved.
Official source evidence
Current High Point materials say City-Wide Homebuyer Assistance can provide up to $7,500 as a five-year 0% deferred loan forgiven at 20% per year for eligible buyers at or below 80% of AMI.
View official source
Last verified
2026-04-21
Current 2025 AMI qualification page and 2026 Annual Action Plan Draft
Paid preview
What paid access adds for City-Wide Homebuyer Assistance Program
See the shape of the comparison output, risk checks, lender questions, and next-step checklist before you decide whether this program is worth carrying into the paid layer.
Example paid output for this program. The free page stays visible either way.
Comparison preview
City-Wide Homebuyer Assistance Program
Amount: Current City of High Point materials describe assistance up to $7,500 for eligible purchases within High Point city limits outside the Core City area.
Repayment: Current High Point materials describe a five-year 0% deferred loan forgiven at 20% per year while the home remains the buyer's primary residence. Current public pages do not fully spell out the acceleration language for early sale, refinance, or non-occupancy, so public copy should avoid over-claiming the exact trigger clause.
First-time buyer: Varies
Timing: The lender applies through the Neighborly portal; allow two weeks after a completed application for City processing and underwriting, with the DPA check sent to the closing attorney after the final Closing Disclosure is approved.
Risk checks preview
What gets flagged before you call a lender
- City-Wide Homebuyer Assistance Program requires a participating lender.
- City-Wide Homebuyer Assistance Program must be paired with a specific first mortgage.
Lender questions preview
Questions tied to this exact path
- Is your team approved to originate City-Wide Homebuyer Assistance Program for this household and loan setup?
- Which first-mortgage product must be paired with City-Wide Homebuyer Assistance Program, and what breaks eligibility?
Action checklist preview
What you would do next
- Review the official City-Wide Homebuyer Assistance Program page for City-Wide Homebuyer Assistance Program
- Ask whether your lender is approved for this exact program and loan structure.
