We administer down payment assistance and provide one-on-one counseling for eligible first-time homebuyers, including Hispanic homebuyers, military service members, veterans, law enforcement officers, charter and Pre-K-12th grade schoolteachers, paraprofessionals, firefighters, and emergency medical technicians.

When purchasing a home, homebuyers should seek help from a qualified Realtor® (see our Preferred Realtor® list, including realtors that have completed the Workforce Housing Certificate Program through the Canopy Housing Foundation, and are familiar with working with first-time home buyers).

To help homebuyers, down payment assistance loans are offered through DreamKey Partners Mortgage, Inc. These low-cost, below market interest rate programs require minimal investment (as little as $500) and offer flexible underwriting guidelines for qualified customers who have completed Homeownership Education and one-on-one counseling. The DreamKey Partners Mortgage, Inc. program can also be used with the HouseCharlotte Lending Program and the North Carolina Housing Finance Agency Community Partners Loan Pool Program.

Down Payment Assistance Loan Options

  • HouseCharlotte Program – DreamKey Partners administers the City of Charlotte’s HouseCharlotte Down Payment Assistance Program, as well as the Community Heroes Program.
  • Community Partners Loan Pool (CPLP) – DreamKey Partners is a member of the North Carolina Housing Finance Agency’s CPLP. This membership enables us to reserve CPLP at zero percent interest rate, deferred, second mortgage financing for individuals requiring up to 20% (of the purchase price of the home) in down payment assistance. A borrower’s total household income must be 80% or below Area Median Income (AMI). Requirements also include homeownership education, one-on-one counseling and a minimum 640 credit score. Please call 704-342-0933, or email cplp@dkp.org for more information.
Featured Programs

DreamKey Partners Mortgage, Inc.

DreamKey Partners Mortgage, Inc. is the nonprofit lending arm of DreamKey Partners, Inc. DreamKey Partners Mortgage, Inc. is HUD-approved to provide Subordinate financing, and we also certified as a CDFI, Community Development Financial Institution. Our down payment assistance loans can be combined with other approved DPA, however we must be in either 2nd or 3rd lien position, depending on loan amount of other subordinate funds, and prior agreements. Borrowers must put a minimum of $500 of their own funds into the transaction. Flexible underwriting guidelines. No minimum credit score requirements. These funds are only accessible by our lending partners. Borrowers must complete homeownership education and one-on-one counseling through the Homeownership Center of Charlotte. Deferred/forgivable loan of up to $15,000 for eligible homebuyers with a household income of 80% or below Area Median Income/AMI. The home must be located within Mecklenburg County.

School Teacher
Family

Deferred and Forgivable Loan Program for Hispanic Homebuyers

(all other loan options also available)

We provide a Deferred/Forgivable loan offering of up to $15,000 for Hispanic homebuyers with a household income of 80% or below AMI. The home must be located within Mecklenburg County.

Learn more in

English Version

Spanish Version

NeighborhoodLIFT

Provides down payment assistance and financial education to homebuyers.

As part of the NeighborhoodLIFT Program, we partner with Wells Fargo and NeighborWorks America™ by delivering down payment assistance and financial education to homebuyers. Eligible homebuyers may receive $15,000 in down payment assistance on qualified properties. Please note, an additional $2,500, totaling $17,500, is available for veterans and service members, and Community Heroes, including teachers, paraprofessionals, law enforcement officers, firefighters, and emergency medical technicians.

To Learn More click here

DreamKey Partners Mortgage, Inc. reserves the right to make changes to its loan programs and terms.

A sample loan program from the Homeownership Center of Charlotte. Purchase price of $165,700. Est. monthly payment including taxes and insurances – $965.00. Est. funds to close – $1301.12. First mortgage – $149,130, 3.75%, 30 yr., fixed rate. Second mortgage – $10,000, 4.693% APR, 10 yr. deferred/forgivable., fixed rate. HouseCharlotte Third mortgage – $10,000 3% interest rate. Forgiven after 10 years if loan terms are met. Subordinate loan programs available based on home selection and borrower’s household income. Borrower must provide proof of eligibility and qualify with loan underwriting guidelines. Completion of Homeownership Center of Charlotte program is required. DreamKey Partners Mortgage, Inc. reserves the right to make changes to its loan programs, terms and offerings without notice. (1/30/2020)