1-0 Buydown for Wilmington NC Buyers (Free Through June 30, 2026)

1-0 Buydown for Wilmington NC Buyers

Buying in Wilmington, Mayfaire, Landfall, or anywhere in New Hanover County before June 30? Lock in a full 1 percentage point lower mortgage rate for year one — lender-funded.

Real Numbers on a Wilmington Purchase

At a Wilmington median of $450,000 with 10% down, your loan amount is around $405,000.

• Normal year-one payment at 6.5%: roughly $2,560/month
• With the 1-0 buydown at 5.5%: roughly $2,300/month
• Year-one savings: ~$260 per month, or $3,120 across the first 12 months

Coastal NC Cost Factors

Most Wilmington coastal properties require flood and wind insurance, adding $1,500–$5,000 annually to your total housing cost. A $3,000+ year-one buydown buffer is a meaningful offset against those first-year costs. For nCino, Live Oak Bank, and New Hanover Regional Medical Center relocators, the buydown gives breathing room while you adjust.

Important: Owner-Occupied Only

This buydown is primary-residence eligible. For Wrightsville Beach, Carolina Beach, or Kure Beach short-term rentals, see our DSCR investor loan options instead.

Deadline: June 30, 2026

Loans need to be locked by June 30. Read full mechanics in our main 1-0 Buydown blog post. See the Wilmington NC Mortgages hub.

Call or text Samantha Payne at (864) 387-8964, email Samantha@openkeymortgage.com. OpenKey Mortgage Advisors LLC. NMLS Company ID 2812158. Licensed in SC and NC. Equal Housing Opportunity.