My First Home Winston-Salem/Forsyth County

City and county housing officials are partnering with local real-estate agents, financial institutions and the Center for HomeOwnership to help families or individuals buy foreclosed houses for less than their appraised value.

Through the Neighborhood Stabilization Program, eligible buyers can receive a deferred forgivable loan of up to $20,000 for a down payment on a foreclosed home if the mortgage holder will sell the home for less than its appraised value. Additional assistance may be available for renovations.

A special NSP Hotline, 722-0954, has been set up for those who do not have Web access or to call for more information.

NSP Program REALTOR® and Lender Training [pdf]

NSP INFORMATION HOTLINE: (336)722-0954

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Qualify and Apply

How to find areas and read the map

Pre-qualification form

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NSP Program Information

Frequently Asked Questions

Participating Lenders and Real Estate Agents

Working with Real Estate Agents brochure [pdf]

Home Inspections brochure [pdf]

Offer and Acceptance brochure [pdf]

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Center for Homeownership

American Dream Network

City of Winston-Salem

Forsyth County

U.S. HUD

N.C. Dept. of Commerce

The Neighborhood Stabilization Program was authorized by Congress in 2008 to assist communities with high rates of foreclosure. Winston-Salem and Forsyth County received $2.625 million for the program, which is being funded by the U.S. Department of Housing and Urban Development through the N.C. Department of Commerce.

OTHER MY FIRST HOME WSFC PROGRAMS TO HELP HOME BUYERS

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Couple happy about their new house

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