NC Home Advantage Mortgage with Down Payment Assistance · Davidson County
Davidson County, North Carolina: down payment help, step by step
Davidson County, North Carolina, covers Lexington, Thomasville and Midway, and its public servants can use NCHFA's forgivable help right now.
Step 1: Know the local market
Davidson County has three school systems: Davidson County Schools, Lexington City Schools and Thomasville City Schools. Public safety jobs include the Lexington Police Department, Thomasville Police Department, Davidson County Sheriff's Office and Davidson County EMS.
Thomasville sits close to High Point, and Wallburg and Midway draw buyers who commute to Winston-Salem. Denton and the southern part of the county feel more rural. Most homes here fall under the $525,000 cap for the $15,000 option.
If you're buying a manufactured home, you'll need a 660 credit score and an FHA, VA or USDA loan.
Step 2: Check the Davidson County caps
| Income cap, 1 or 2 people | Income cap, 3 or more | Highest price allowed |
|---|---|---|
| $117,000 | $136,000 | $525,000 |
Davidson County buyers using the $15,000 option face the $525,000 cap. Family income can be up to $117,000 for 1 or 2 people, or $136,000 for 3+. Statewide figures are in the limits table; to test a price against your income, use the budget calculator.
Step 3: Add local help in Davidson County
Our last check turned up no program run just for Davidson County. The statewide options still work here. Open the North Carolina program directory.
Step 4: Book your homebuyer class near Davidson County
Plan on a homebuyer class; most programs want the certificate in hand before you close. Below are HUD-approved agencies within driving distance of Davidson County, with the services, languages and meeting formats each one lists.
| Counseling agency | Town | Miles | Services | Spoken in | Format |
|---|---|---|---|---|---|
| Home Solutions | Lexington | 3 mi | homebuyer education class, pre-purchase counseling | English | Face to Face, Phone, Internet |
| Housing Authority of the City of High Point | High Point | 16 mi | homebuyer education class, pre-purchase counseling | English | Phone |
| Financial Pathways of the Piedmont | Winston Salem | 25 mi | homebuyer education class, pre-purchase counseling | English, Spanish | Face to Face, Phone, Internet |
| Prosperity Unlimited, Inc | Kannapolis | 31 mi | homebuyer education class, pre-purchase counseling | English | Face to Face, Phone, Internet |
| Housing Authority of the City of Greensboro D/B/A Greensboro Housing Authority | Greensboro | 31 mi | homebuyer education class, pre-purchase counseling | English | Face to Face, Phone, Internet |
Pulled from the HUD housing counseling directory. Ask before you enroll, because programs differ on which classes count.
Major public employers in Davidson County
Some of the larger schools and public safety agencies here:
- Davidson County Schools
- Lexington City Schools
- Thomasville City Schools
- Lexington Police Department
- Thomasville Police Department
- Davidson County Sheriff's Office
- Davidson County EMS
You don't need to work for these employers. Any eligible Davidson County buyer can apply. Every job the program covers
Davidson County: questions and answers
Do Thomasville City Schools teachers qualify?
Yes, along with teachers in either other district and any eligible buyer.
Can I buy a manufactured home in Denton?
Yes, with an FHA, VA or USDA loan and a 660 credit score.
Is this the same Davidson County as Nashville?
No. This page covers Davidson County, North Carolina, with Lexington as the county seat.
Nearby county guides: Wake CountyMecklenburg CountyGuilford CountyForsyth CountyDurham CountyCumberland CountyBuncombe CountyUnion County All counties
