Welcome to Matthews, North Carolina, a vibrant town that beautifully blends the cozy feel of a welcoming community with the amenities of modern living. Situated just a short drive from Charlotte, Matthews boasts a lively atmosphere filled with diverse dining options, unique shops, and a host of recreational activities.
Residents here cherish the town's excellent green spaces such as the picturesque Squirrel Lake Park, perfect for family outings, picnics, and tranquil nature walks. Matthews' commitment to nature and community well-being doesn’t stop there; the Four Mile
Creek Greenway beckons walkers, runners, and cyclists to enjoy its scenic trail year-round.
The town celebrates its rich history with a vibrant cultural scene, notably through the Matthews Heritage Museum and the annual Matthews Alive Festival, which showcases local art, crafts, and live music. The event underscores the community's spirit of camaraderie and celebration.
Education flourishes
Discover the Charm of Matthews,
4 | HelloMatthews, North Carolina • Summer Issue
Hello Matthews, North Carolina • Summer Issue |5
Discover the Charm of Matthews,
here with a range of exceptional schools and educational programs, creating an enriching environment for families. With a strong emphasis on community and top-notch public services, Matthews offers the perfect backdrop for anyone seeking a
spirited, active, and engaging lifestyle. Embrace the dynamic mosaic of life in Matthews, where community spirit and natural beauty thrive together.
Discover the Charm of Matthews, North Carolina
Welcome to Matthews, North Carolina, a vibrant town that beautifully blends the cozy feel of a welcoming community with the amenities of modern living. Situated just a short drive from Charlotte, Matthews boasts a lively atmosphere filled with diverse dining options, unique shops, and a host of recreational activities.
Residents here cherish the town's excellent green spaces such as the picturesque Squirrel Lake Park, perfect for family outings, picnics, and tranquil nature walks. Matthews' commitment to nature and community well-being doesn’t stop there; the Four Mile Creek Greenway beckons walkers, runners, and cyclists to enjoy its scenic trail year-round.
The town celebrates its rich history with a vibrant cultural scene, notably through the Matthews Heritage Museum and the annual Matthews Alive Festival, which showcases local art, crafts, and live music. The event underscores the community's spirit of camaraderie and celebration.
Education flourishes here with a range of exceptional schools and educational programs, creating an enriching environment for families. With a strong emphasis on community and top-notch public services, Matthews offers the perfect backdrop for anyone seeking a spirited, active, and engaging lifestyle. Embrace the dynamic mosaic of life in Matthews, where community spirit and natural beauty thrive together.
FEATURED STORY
Myth vs. Fact — You Don’t Need 20% Down
by Julie P. Tuggle
One of the most common beliefs among homebuyers is that they need to save 20% for a down payment before purchasing a house. This idea has been repeated for decades, but in today’s lending environment, it is not always true. Buyers often have options that allow them to purchase with far less, making homeownership accessible to more people than many realize.
The 20% standard comes from a time when lenders wanted large down payments to reduce risk. A significant upfront investment protected the lender by lowering the chances of default and also
6 | HelloMatthews, North Carolina • Summer Issue
Julie P. Tuggle
ABOUT THE AUTHOR Julie P. Tuggle is a seasoned real estate broker based in Charlotte, NC, with a career dedicated to serving home buyers. With decades of experience and a passion for advocacy, Julie brings deep market knowledge, strong negotiation skills, and a commitment to helping clients make confident, informed home-buying decisions.
allowed the borrower to avoid private mortgage insurance, often called PMI. While that model still exists, the modern mortgage market has introduced new programs and options that lower the barrier to entry.
In Charlotte and across the country, buyers can find loan programs that require as little as 3 to 5% down. These programs are often backed by government agencies such as the Federal Housing Administration (FHA) or supported by conventional lenders who recognize the value of getting more buyers into homes. While a smaller down payment usually
Hello Matthews, North Carolina • Summer Issue |7
Myth vs. Fact — You Don’t Need 20% Down
One of the most common beliefs among homebuyers is that they need to save 20% for a down payment before purchasing a house. This idea has been repeated for decades, but in today’s lending environment, it is not always true. Buyers often have options that allow them to purchase with far less, making homeownership accessible to more people than many realize.
The 20% standard comes from a time when lenders wanted large down payments to reduce risk. A significant upfront investment protected the lender by lowering the chances of default and also allowed the borrower to avoid private mortgage insurance, often called PMI. While that model still exists, the modern mortgage market has introduced new programs and options that lower the barrier to entry.
In Charlotte and across the country, buyers can find loan programs that require as little as 3 to 5% down. These programs are often backed by government agencies such as the Federal Housing Administration (FHA) or supported by conventional lenders who recognize the value of getting more buyers into homes. While a smaller down payment usually comes with mortgage insurance, for many buyers, the trade-off is worth it if it means entering the housing market sooner rather than later. You do not need a 20% down payment to buy a home in Charlotte; many buyers purchase with 3 to 5% down.
For first-time buyers, this can be a turning point. Saving 20% can take years, especially in a market where home prices are rising. By the time a buyer reaches their savings goal, the home they want may have increased in price, pushing the target further away. Using a smaller down payment allows buyers to start building equity sooner instead of continuing to rent while saving.
There are trade-offs to consider. Smaller down payments typically lead to higher monthly payments, since mortgage insurance adds to the cost. However, buyers must weigh that cost against the benefit of owning a home earlier. In Charlotte, where property values have shown long-term growth, entering the market sooner can be a smart financial decision. The equity gained from homeownership often outweighs the cost of mortgage insurance over time.
Understanding mortgage insurance is an important part of this decision. PMI is a monthly fee added to the mortgage payment, designed to protect the lender in case of default. While many buyers see PMI as a negative, it can be viewed as a tool. For a relatively small cost each month, it allows buyers to purchase years earlier than they otherwise could. Once equity builds to 20%, PMI can often be removed, reducing monthly expenses and leaving the buyer with a property that has appreciated.
Loan programs also vary in flexibility. FHA loans allow low down payments and are known for being accessible to buyers with less-than-perfect credit. Conventional loans may also allow smaller down payments with varying terms for insurance. Veterans and active-duty military members have access to VA loans, which often require no down payment at all and do not require PMI. Rural buyers may qualify for USDA loans, which also offer zero down payment options in designated areas near Charlotte.
Down payment assistance programs add another layer of opportunity. In North Carolina, the NC Housing Finance Agency offers assistance to first-time buyers and qualifying families through forgivable loans and grants that can cover part of the down payment or closing costs. Local programs in Mecklenburg County and the City of Charlotte provide similar help for eligible buyers, often focused on households with steady income but limited savings. These programs are designed to bridge the gap for buyers who can afford monthly payments but struggle with upfront costs. For many, assistance of just a few thousand dollars can make the difference between waiting and moving forward.
Charlotte’s housing market adds urgency to these decisions. With steady population growth and increasing demand, home prices have generally trended upward. Buyers who wait to save 20% may find that homes become less affordable over time. By contrast, entering the market with a smaller down payment and potentially combining it with assistance programs can put ownership within reach and allow equity to grow over the years.
Consider the example of a buyer who delays for five years in order to save a full 20%. During that time, prices may rise significantly, leaving them no closer to their goal. A buyer who enters the market earlier with 5% down, even with PMI, may already have built equity that exceeds what they would have saved. Each situation is different, but the principle remains: time in the market often matters more than waiting for the perfect down payment.
The myth of the 20% requirement persists, but in practice, many buyers successfully purchase homes with less. By learning about loan programs, understanding mortgage insurance, and exploring assistance options, buyers in Charlotte can approach the housing market with more confidence. Homeownership is possible with less savings than many expect, and the flexibility of today’s lending environment reflects a broader effort to make that goal achievable.
You donot need a20% down payment tobuy a home inCharlotte; manybuyers purchasewith 3to 5%down.
comes with mortgage insurance, for many buyers, the trade-off is worth it if it means entering the housing market sooner rather than later. You do not need a 20% down payment to buy a home in Charlotte; many buyers purchase with 3 to 5% down.
For first-time buyers, this can be a turning point. Saving 20% can take years, especially in a market where home prices are rising. By the time a buyer reaches their savings goal, the home they want may have increased in price, pushing the...
Educational Excellence in Matthews
8 | HelloMatthews, North Carolina • Summer Issue
Hello Matthews, North Carolina • Summer Issue |9
A Community of Learning and Innovation
Matthews, North Carolina, shines brightly as a beacon of educational excellence, fostering an environment where students thrive and
grow. At the heart of this vibrant community is a commitment to nurturing young minds through innovative teaching methods and a supportive learning atmosphere. Matthews' schools are known for their strong emphasis on academics, creativity, and character development, preparing students not only for academic success but also for life beyond the classroom.
What sets Matthews apart is its collaborative spirit. Teachers, parents, and local leaders work hand-in-hand to create enriching educational experiences for all students. From state-of-the-art classrooms equipped with the latest technology to dynamic extracurricular activities that ignite passions, Matthews offers a holistic approach to education that engages every learner. The town's libraries and learning centers are buzzing with curious minds, supported by a dedicated community that values knowledge and personal growth.
In Matthews, students are encouraged to dream big and reach their full potential while being part of a nurturing community that celebrates diversity and inclusion. With rigorous academic programs and a strong focus on student well-being, Matthews stands as a testament to what can be achieved when education is prioritized. Here in Matthews, the future is bright, and the pursuit of knowledge is a shared journey for all.
Educational Excellence in Matthews
Educational Excellence in Matthews: A Community of Learning and Innovation
Matthews, North Carolina, shines brightly as a beacon of educational excellence, fostering an environment where students thrive and grow. At the heart of this vibrant community is a commitment to nurturing young minds through innovative teaching methods and a supportive learning atmosphere. Matthews' schools are known for their strong emphasis on academics, creativity, and character development, preparing students not only for academic success but also for life beyond the classroom.
What sets Matthews apart is its collaborative spirit. Teachers, parents, and local leaders work hand-in-hand to create enriching educational experiences for all students. From state-of-the-art classrooms equipped with the latest technology to dynamic extracurricular activities that ignite passions, Matthews offers a holistic approach to education that engages every learner. The town's libraries and learning centers are buzzing with curious minds, supported by a dedicated community that values knowledge and personal growth.
In Matthews, students are encouraged to dream big and reach their full potential while being part of a nurturing community that celebrates diversity and inclusion. With rigorous academic programs and a strong focus on student well-being, Matthews stands as a testament to what can be achieved when education is prioritized. Here in Matthews, the future is bright, and the pursuit of knowledge is a shared journey for all.
10 | HelloMatthews, North Carolina • Summer Issue
A Community Health Leader
In Matthews, North Carolina, healthcare is more than a service—it's a compassionate commitment to the well-being of its residents. This thriving town, with its charming Southern hospitality, is making significant strides in ensuring
quality healthcare access for everyone. Matthews offers an array of top-notch medical facilities and healthcare providers, each dedicated to promoting a healthy and happy community.
Novant Health Matthews Medical Center stands as a beacon of exemplary care, blending state-of-the-art technology with empathetic patient care. Known for a wide range of specialized treatments and responsive emergency services, this facility represents a
Matthews, North Carolina
Hello Matthews, North Carolina • Summer Issue |11
vital component of the town's healthcare ecosystem. Residents can take pride in a hospital that is not only attentive to today’s health concerns but also consistently innovating to meet the challenges of tomorrow.
Beyond hospital care, Matthews is also home to a vibrant community of medical practitioners, from family physicians to specialists, all offering personalized and patient-focused services. Furthermore, local
wellness centers and health programs nurture overall well-being, emphasizing preventative care and promoting healthy lifestyles.
In Matthews, a culture of care and community spirit converges, ensuring that health is a shared priority. It is this dedication that makes Matthews not just a place where people live, but where they thrive in health and happiness.
Matthews, North Carolina
Matthews, North Carolina: A Community Health Leader
In Matthews, North Carolina, healthcare is more than a service—it's a compassionate commitment to the well-being of its residents. This thriving town, with its charming Southern hospitality, is making significant strides in ensuring quality healthcare access for everyone. Matthews offers an array of top-notch medical facilities and healthcare providers, each dedicated to promoting a healthy and happy community.
Novant Health Matthews Medical Center stands as a beacon of exemplary care, blending state-of-the-art technology with empathetic patient care. Known for a wide range of specialized treatments and responsive emergency services, this facility represents a vital component of the town's healthcare ecosystem. Residents can take pride in a hospital that is not only attentive to today’s health concerns but also consistently innovating to meet the challenges of tomorrow.
Beyond hospital care, Matthews is also home to a vibrant community of medical practitioners, from family physicians to specialists, all offering personalized and patient-focused services. Furthermore, local wellness centers and health programs nurture overall well-being, emphasizing preventative care and promoting healthy lifestyles.
In Matthews, a culture of care and community spirit converges, ensuring that health is a shared priority. It is this dedication that makes Matthews not just a place where people live, but where they thrive in health and happiness.
Hometown Heroes celebrates the brave men and women from Matthews who answered the call to serve. They left their homes, families, and communities to defend our freedoms. They brought with them the values of their upbringing, woven into the fabric of the communities they cherished. Across generations, these heroes stood united, embodying courage, sacrifice, and a love of country that knows no bounds. Whether on land, sea, or in
the skies, they carried the spirit of their hometowns with them, facing challenges with unyielding resolve and selflessness. We honor their service, their legacy, and the communities that raised them. Today, we remember not just their dedication but the strength and unity that bind us all as Americans. Their stories are our stories, a testament to the enduring spirit of the United States and the bonds that make us strong.
Hometown Heroes
14 | HelloMatthews, North Carolina • Summer Issue
Hometown Heroes
Hometown Heroes celebrates the brave men and women from Matthews who answered the call to serve. They left their homes, families, and communities to defend our freedoms. They brought with them the values of their upbringing, woven into the fabric of the communities they cherished. Across generations, these heroes stood united, embodying courage, sacrifice, and a love of country that knows no bounds. Whether on land, sea, or in the skies, they carried the spirit of their hometowns with them, facing challenges with unyielding resolve and selflessness. We honor their service, their legacy, and the communities that raised them. Today, we remember not just their dedication but the strength and unity that bind us all as Americans. Their stories are our stories, a testament to the enduring spirit of the United States and the bonds that make us strong.
Proudly Partnering with the National League of Cities and the U.S. Conference of Mayors
At HelloNation, we are honored to serve as America’s Video Magazine, bringing to life the stories of over 40,000 towns and cities across the country. Our mission is to celebrate the vibrancy, culture, and opportunities in every community, creating a digital platform that informs, inspires, and connects residents, businesses, and newcomers alike.
We are deeply proud to have the support and endorsement of two of the
nation’s most respected organizations: the National League of Cities (NLC) and the U.S. Conference of Mayors. Through their partnership, the NLC and the U.S. Conference of Mayors affirm their confidence in HelloNation’s vision and our shared belief in the power of storytelling to highlight the unique character of each community.
Their words underscore the importance of our mission: to make every town and city visible on the national stage, highlighting what makes each one special and worth exploring. Together, with the National League of Cities and the U.S. Conference of Mayors, we are committed to ensuring that every community in America has a voice and a platform to shine. Thank you for supporting our journey as we bring local stories to life, one video at a time.
These influential entities advocate tirelessly on behalf of America’s cities, towns, and villages, representing every community and ensuring their voices are heard on a national scale.
HelloNation
20 | HelloMatthews, North Carolina • Summer Issue
CLICK TO READ
Hello Matthews, North Carolina • Summer Issue |21
These influential entities advocate tirelessly on behalf of America’s cities, towns, and villages, representing every community and ensuring their voices are heard on a national scale.
