The North Carolina Housing Finance Agency provides:
Question & Answer
Review the question and all answer choices
Real estate licenses
Option A is incorrect because real estate licenses are issued by the North Carolina Real Estate Commission, not the Housing Finance Agency. These are separate government entities with distinct functions.
First-time homebuyer programs and down payment assistance
Property inspections
Option C is incorrect because property inspections are typically conducted by licensed home inspectors or municipal building officials, not housing finance agencies.
Title insurance
Option D is incorrect because title insurance is provided by private title insurance companies or through title attorneys, not housing finance agencies.
Why is this correct?
Option B is correct because the primary mission of the North Carolina Housing Finance Agency is to provide affordable housing opportunities through first-time homebuyer programs and down payment assistance for qualified residents.
Continue Learning
Explore this topic in different formats
More Real Estate Financing Videos
Continue learning with related video lessons
Ready to Ace Your Real Estate Exam?
Access 2,000+ free video lessons covering all 11 exam topics.