NC Home Advantage Mortgage with Down Payment Assistance · Union County
Union County, North Carolina: down payment help, step by step
Union County, just southeast of Charlotte, covers Monroe, Indian Trail, Waxhaw and more, and its public servants can use NCHFA's help today.
Step 1: Know the local market
Union County Public Schools is the county's main school employer, with campuses from Monroe to Weddington. Public safety jobs include the Monroe Police Department, Union County Sheriff's Office, Monroe Fire Department and Union County EMS.
Newer neighborhoods in Waxhaw, Weddington and Stallings can be priced near or above the $525,000 limit for the $15,000 option. Monroe and Indian Trail often have more homes under it. If you're above the cap or have owned before, the 3% option has no NCHFA price limit and allows move-up buyers.
Remember the 45% debt-to-income limit if you'll be commuting into Charlotte with a car payment. Your loan officer can show you how much house fits.
Step 2: Check the Union County caps
| Income cap, 1 or 2 people | Income cap, 3 or more | Highest price allowed |
|---|---|---|
| $117,000 | $135,000 | $525,000 |
Union County uses the statewide $525,000 cap for the $15,000 option. The county family income limit is $117,000 for 1 or 2 people and $135,000 for 3 or more. Statewide figures are in the limits table; to test a price against your income, use the budget calculator.
Step 3: Add local help in Union County
Our last check turned up no program run just for Union County. The statewide options still work here. Open the North Carolina program directory.
Step 4: Book your homebuyer class near Union 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 Union County, with the services, languages and meeting formats each one lists.
| Counseling agency | Town | Miles | Services | Spoken in | Format |
|---|---|---|---|---|---|
| Monroe-Union County Community Development Corporation | Monroe | 1 mi | homebuyer education class, pre-purchase counseling | English, Spanish | Face to Face, Phone, Internet |
| Dreamkey Partners | Charlotte | 24 mi | homebuyer education class, pre-purchase counseling | English | Phone |
| Prosperity Unlimited, Inc | Kannapolis | 34 mi | homebuyer education class, pre-purchase counseling | English | Face to Face, Phone, Internet |
| City of Gastonia | Gastonia | 42 mi | homebuyer education class, pre-purchase counseling | English | Face to Face, Phone, Internet |
| Community Foundations | Mooresville | 44 mi | homebuyer education class, pre-purchase counseling | English | Phone |
Pulled from the HUD housing counseling directory. Ask before you enroll, because programs differ on which classes count.
Major public employers in Union County
Some of the larger schools and public safety agencies here:
- Union County Public Schools
- Monroe Police Department
- Union County Sheriff's Office
- Monroe Fire Department
- Union County EMS
Union County buyers don't need to work for these employers. Any eligible buyer qualifies. Every job the program covers
Union County: questions and answers
What if my Waxhaw home costs over $525,000?
The $15,000 option is out, but the 3% option has no NCHFA sales price limit.
Can a Union County deputy who owned a condo before qualify?
Yes, for the 3% option. The $15,000 option needs 3 years without owning a principal residence, unless you're a qualifying veteran.
How much debt can I have?
Your debt-to-income ratio can be up to 45%.
Nearby county guides: Wake CountyMecklenburg CountyGuilford CountyForsyth CountyDurham CountyCumberland CountyBuncombe CountyJohnston County All counties
