Greenville's housing market is characterized by a mix of older homes and new constructions, with a growing trend towards revitalization in certain neighborhoods. The median home price is around $240,000, with prices varying depending on factors like location, age, and condition of the property. As a borrower, it's essential to stay informed about local market conditions to make the most of your mortgage options.

• The Historic District offers charming, older homes with character.
• West Greenville is seeing significant new development.
• The Tar River District provides a mix of old and new homes.

North Carolina offers several programs designed to help first-time homebuyers achieve their goals. The NC Home Advantage Mortgage program, for example, provides down payment assistance of up to $8,000, along with competitive interest rates. NMHL is an approved lender for these programs, making it easier for you to access the benefits. Additionally, our own first-time homebuyer programs offer flexible credit scoring and lower down payment requirements.

To qualify, you'll typically need to complete a homebuyer education course and meet income limits, which vary by county. Our team at NMHL can guide you through the process, from pre-approval to closing.

At NMHL, we understand that not every borrower fits the traditional lending mold. That's why we offer a range of mortgage options designed for underserved borrowers, including those with bad credit, self-employed individuals, and veterans. Our proprietary loan programs take into account alternative forms of income and credit history, providing more flexibility in the underwriting process.

• Bad credit mortgage options with credit scores as low as 580.
• Self-employed borrower programs that consider bank statement income.
• VA loan options for veterans, offering zero-down financing.

In Greenville, the quality of local school districts can significantly impact home values. Pitt County Schools serve the area, with several highly-rated schools within the district. Homes located within the boundaries of top-performing schools tend to retain their value better and appreciate more over time. When considering a home purchase, it's worth researching the local schools and their ratings to understand the potential long-term benefits.

Our team at NMHL can help you navigate the complexities of the local real estate market, including the impact of school districts on home values.

The first step towards achieving your homeownership goals is getting pre-approved for a mortgage. At NMHL, our pre-approval process is quick, easy, and tailored to your financial situation. Simply contact us to schedule a consultation, and we'll guide you through the necessary steps, from gathering financial documents to receiving your pre-approval letter.

With a pre-approval in hand, you'll have a clearer understanding of your budget and can move confidently in the Greenville housing market.