Alexander, NC FHA Loans in North Carolina
FHA loans differ from conventional loans in a number of ways. The down payment required for an FHA-insured loan is usually much lower than for conventional loans. FHA loans also have lower credit requirements than conventional loans, making them more available to a wider range of potential homebuyers.
FHA loans offer Alexander, NC residents several other valuable benefits, not least of which is those aforementioned smaller down payments. Unlike a conventional loan, which ordinarily requires 10-20% down, FHA-insured loans only require down payments as low as 3-5%. The FHA is also more flexible in calculating factors to determine whether or not to approve the loan, factors such as household income and repayment ratios.
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| Alexander, North Carolina News |
Buncombe County property transfers
The following transfers were filed in the Register of Deeds office Nov. 17-21. Arden Lot 1 section 2 of Glen Arden Heights, $440,000, Robert F. and Janice Whitlock to Hutton Moore and Joseph Benjamin Kearney ...
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Christmas cards get the local treatment
ASHEVILLE Todd Smith finds the inspiration for his Christmas cards in the kitschiest stuff he can find at flea markets.
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Housing grants to help low-income families announced
Thirty North Carolina counties will receive a total of $12 million in Community Development Scattered Site Housing Block Grants to address the most critical housing needs of low-income families, said Gov.
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Equestrian center opens in north Buncombe
ALEXANDER Juliana Cooper-Goldenberg and Frances Andrews have opened Western Carolina Equestrian Center, a full-service hunter/jumper barn, at 219 Flint Hill Road.
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Move over 'Harry,' it's 'Twilight' time
It all began with a dream, according to 'Twilight' author Stephanie Meyer. 'In my dream, two people were having an intense conversation in a meadow in the woods.
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Feds continue video poker probe of Haywood Sheriff
Haywood County Sheriff Tom Alexander, who is the subject of a federal video poker investigation, said he is cooperating in the investigation and has "nothing to hide." Alexander declined further comment to The ...
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NC city puts sex offender ban on hold
HIGH POINT High Point City Council has delayed a plan to ban sex offenders from the North Carolina city's parks.
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Ten are honored with N.C. Award
Ten residents were recipients of North Carolina Awards on Monday, recognized for their outstanding contributions in fine arts, literature, science and public service.
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8 arrested in Craigslist prostitution sting
ASHEVILLE Police arrested eight women in a recent series of special operations targeting alleged prostitution on the Craigslist Web site.
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Buncombe administrators honored
The North Carolina Art Education Association celebrated exemplary art educators and advocates in their fields during its recent professional development conference at the Crowne Plaza Resort.
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Reynolds-Sheats
Published: Sunday, November 9, 2008 at 1:10 p.m. Last Modified: Sunday, November 9, 2008 at 1:10 p.m. Elizabeth Keith Reynolds and Livingston Spencer Sheats were married on Saturday, November 8, 2008, at three ...
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Hagan defeats Dole to win Senate seat
Hagan defeats Dole to win Senate seat by Yasmine Regester Carolina Peacemaker Originally posted 11/5/2008 In the highly contested race between State Senator Kay Hagan and Senator Elizabeth 'Liddy' Dole, Hagan ...
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Reid Center puts on 'Street Corner Blues'
ASHEVILLE The W.C. Reid Center is putting on the original play "Street Corner Blues" beginning this month.
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One person killed in car crash
ALEXANDER One person was killed in a single-car accident near Alexander, the N.C. Highway Patrol reported Tuesday.
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Stein comfortably leading Alexander
Democrat Josh Stein sailed to an easy victory in the District 16 race for N.C. Senate on Tuesday, easily outpacing his Republican challenger John M. Alexander Jr.
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Buncombe County Property Transfers
The following transfers were filed in the Register of Deeds office Oct. 20-4. Alexander Lot 3 of Madison View Estates phase II, $242,000, AAWNC Inc.
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Meet artists during the Weaverville Art Safari
WEAVERVILLE Do a little early Christmas shopping and meet some artists Saturday and Sunday during the Weaverville Art Safari.
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Poultry industry lays an egg in N.C.
Thomas Farm produces 12 million eggs a year for Pilgrim's Pride. This is one of four 500-foot-long breeder houses at the company's Silk Hope plant in Chatham County that are kept at optimum light and ...
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Buncombe property transfers
The following transfers were filed in the Register of Deeds office Oct. 13 - 17.
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N.C. Voters Don't Have To Prove Identity At The Polls
More than 70,000 people have already voted in Mecklenburg County, and not one of them was asked to show any identification at the polls.
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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
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"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
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