Home Loan Options › North State Bank

1Based on the lesser of the sale price or appraised value. Interest on the portion of the credit extension that is greater than the fair market value of the dwelling is not tax deductible for federal income tax purposes. Consumers should consult their tax advisors for further information regarding the deductibility of interest and charges.

2No Down Payment Mortgage Special qualifiers: Maximum loan amount is $350,000.

Closing costs cannot be financed.

Borrower income must be 80% or less of the Area Median Income (AMI). The residence must be located in Wake, New Hanover or Johnston county. Completion of a homebuyer education course is required.


Mortgage loans are subject to credit approval. Product information is subject to change without notice.