Wilmington's diverse neighborhoods cater to various lifestyles and preferences. Beachfront communities like Wrightsville Beach and Figure Eight Island offer luxurious living, while family-friendly areas like Landfall and Mayfaire provide a more suburban atmosphere. Downtown Wilmington is perfect for those who want to be close to the city's vibrant cultural scene. At NMHL, our local expertise helps you navigate these neighborhoods and find the best mortgage options for your chosen community.

Some popular neighborhoods to consider:

• Wrightsville Beach: Known for its beautiful beaches and water sports
• Landfall: A family-friendly community with excellent schools
• Mayfaire: A mixed-use development with shopping, dining, and entertainment options
• Downtown Wilmington: The city's central business district with a growing residential population

NC Home Advantage Mortgage is a statewide program offering down payment assistance and competitive interest rates. As a first-time homebuyer in Wilmington, you may qualify for up to $8,000 in assistance. NMHL can guide you through the application process and help you determine the best mortgage options for your situation. With our expertise, you can take advantage of these programs and achieve your homeownership goals.

To qualify, you'll need to meet income limits and complete a homebuyer education course. Our experienced loan officers will walk you through the requirements and ensure you're prepared for the application process.

Wilmington's housing market is driven by its coastal location, growing economy, and desirable lifestyle. The median home price is $365,000, with a steady appreciation in property values over the past decade. As a result, homeowners in Wilmington can build equity over time. NMHL stays up-to-date on local market trends, ensuring that our mortgage products and advice are tailored to the Wilmington market.

Some key trends to watch:

• Increasing demand for housing in desirable neighborhoods
• Rising home prices, particularly in beachfront communities
• Growing popularity of mixed-use developments like Mayfaire

At NMHL, we understand that every borrower's financial situation is different. That's why we offer a range of mortgage programs designed to accommodate various needs. From bad credit mortgage options to loans for self-employed individuals, our experts can help you find the right mortgage solution. We consider factors beyond credit scores, such as income stability and debt-to-income ratios, to provide more inclusive lending options.

Some of our specialized mortgage programs include:

• Bank statement loans for self-employed borrowers
• VA loans for eligible veterans
• FHA loans with low down payment requirements