Mortgage Calculator

North Carolina Mortgage Rates

Mortgage Rates  |  Mortgage Widgets

Mortgage Calculator / Mortgage Rates / North Carolina Mortgage Rates
Last updated: Sep 24, 2021
2.881% APR 30 Year Fixed
$1,021 / month
Rate: 2.750%
Fees: $4,270
Lock: 45 days
Points: 1.708
View Details
SPONSORED
3.024% APR 30 Year Fixed
$1,038 / month
Rate: 2.875%
Fees: $4,828
Lock: 45 days
Points: 1.931
View Details
SPONSORED
2.996% APR 30 Year Fixed
$1,038 / month
Rate: 2.875%
Fees: $3,918
Lock: 30 days
Points: 1.567
View Details
SPONSORED
3.272% APR 30 Year Fixed
$1,071 / month
Rate: 3.125%
Fees: $4,688
Lock: 30 days
Points: 1.375
View Details
2.865% APR 30 Year Fixed
$1,021 / month
Rate: 2.750%
Fees: $3,750
Lock: 30 days
Points: 1.500
View Details
2.881% APR 30 Year Fixed
$1,021 / month
Rate: 2.750%
Fees: $4,270
Lock: 45 days
Points: 1.708
View Details
2.622% APR 30 Year Fixed
$988 / month
Rate: 2.500%
Fees: $4,032
Lock: 30 days
Points: 1.613
View Details
3.017% APR 30 Year Fixed
$1,038 / month
Rate: 2.875%
Fees: $4,588
Lock: 45 days
Points: 1.495
View Details
2.723% APR 30 Year Fixed
$1,005 / month
Rate: 2.625%
Fees: $3,225
Lock: 45 days
Points: 1.290
View Details
2.782% APR 30 Year Fixed
$1,005 / month
Rate: 2.625%
Fees: $5,150
Lock: 45 days
Points: 1.860
View Details
2.645% APR 30 Year Fixed
$988 / month
Rate: 2.500%
Fees: $4,790
Lock: 30 days
Points: 1.916
View Details
2.805% APR 30 Year Fixed
$1,005 / month
Rate: 2.625%
Fees: $5,947
Lock: 30 days
Points: 1.965
View Details
2.642% APR 30 Year Fixed
$988 / month
Rate: 2.500%
Fees: $4,688
Lock: 30 days
Points: 1.875
View Details
2.977% APR 30 Year Fixed
$1,031 / month
Rate: 2.825%
Fees: $4,942
Lock: 60 days
Points: 1.977
View Details
3.398% APR 30 Year Fixed
$1,089 / month
Rate: 3.250%
Fees: $4,688
Lock: 30 days
Points: 1.375
View Details
3.024% APR 30 Year Fixed
$1,038 / month
Rate: 2.875%
Fees: $4,828
Lock: 45 days
Points: 1.931
View Details
2.945% APR 30 Year Fixed
$1,021 / month
Rate: 2.750%
Fees: $6,376
Lock: 30 days
Points: 1.899
View Details
2.996% APR 30 Year Fixed
$1,038 / month
Rate: 2.875%
Fees: $3,918
Lock: 30 days
Points: 1.567
View Details
3.028% APR 30 Year Fixed
$1,038 / month
Rate: 2.875%
Fees: $4,958
Lock: 30 days
Points: 1.983
View Details
2.604% APR 30 Year Fixed
$988 / month
Rate: 2.500%
Fees: $3,422
Lock: 30 days
Points: 1.369
View Details
  • Pay Off Higher Interest Rates Credit Cards, Pay College Tuition
  • Cash Out, Debt Consolidation Options Available
  • Offers Flexible Terms from 8 to 30 Years
  • Over 170k Positive Reviews, A+ Rating With BBB
View Details
  • Refinance your home
  • Competitively low rates at loanDepot - apply now
  • See if you could save on your loan with a lower interest rate
View Details
  • Certified Pre-Approval Process
  • Customized Rate Quotes, no SSN or Hard Credit Pull
  • 24 x 7 Online Customer Portal Access
View Details
  • Good/Excellent Credit; 15 & 30 year term, jumbo refi available -30 year only
  • Easily see your rate in a few minutes
  • Refinance with option to pull up to $500k cash out
  • 100% online app done from the comfort of your home
View Details

North Carolina Mortgage Overview

North Carolina falls in the middle of the states for size, yet is the 9th most populated state. It has 10.4 million residents. It could be due to the low cost of living with the average home price around $172,000.

If you want to surround yourself with the beauty of North Carolina, here are your top loan options.

North Carolina conventional loans

Borrowers with good credit may secure a conventional loan. You need at least a 660+ credit score and a max 36 percent debt ratio. If you've never owned a home a 3 percent down payment is enough. If you've owned a home, you'll need 5 percent down. Any down payment lower than 20 percent requires Private Mortgage Insurance. You can cancel it when you owe less than 80 percent of the home's current value.

North Carolina FHA loans

If you have a lower credit score, try the FHA loan. You need just a 580 credit score and a 3.5 percent down payment. FHA loans have high debt to income ratio allowances of 45 - 50 percent. You can use gift funds for FHA down payments but may have to contribute some of your own money if you have a 500 - 579 credit score. Lenders require a 10 percent down payment and 3.5 percent of the funds must be yours.

North Carolina VA loans

Veterans can get 100 percent financing from a North Carolina VA lender. You'll need a 620 credit score and to prove you can afford the new mortgage plus your existing debts and the cost of living. VA loans don't require money down. They also don't charge mortgage insurance. Veterans pay an upfront funding fee, but it's low.

North Carolina USDA loans

If rural living is on your agenda and your household income is less than 115 percent of the area's median income, a USDA loan may be a good option. You'll need a 640+ credit score and a max 41 percent debt ratio. You won't need a down payment. USDA loans require mortgage insurance for the loan term, but they are affordable.

First-Time Homebuyer Programs in North Carolina

NC Home Advantage Mortgage

This fixed rate mortgage with up to 5 percent in down payment assistance. You must have an annual income of less than $89,500 and a 640 or higher credit score. You only have to repay the down payment assistance if you sell the home or refinance the mortgage.

NC Home Advantage Down Payment Assistance

Eligible borrowers may receive up to $8,000 in down payment assistance.

NC Home Advantage Tax Credit

First-time homebuyers may get a tax credit of up to $2,000 per year on the mortgage interest paid. This decreases your taxable income, leaving more money in your pocket, making homeownership more affordable.

Copyright © 2008-2021 MLCALC.COM. All rights reserved. Terms of Use  |  Privacy  |  Contact Us

Mortgage Rates
$250,000
Points, Loan Types and Products