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Alliance, 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 Alliance, 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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Alliance, North Carolina News
Witherspoon elected to lead state board

The North Carolina School Boards Association elected Ashe County educator Dorothy Witherspoon as president to its governing board of directors during the 39th Annual Conference for Board Member Development.


Alliance recognizes schools' successes

The Southwest Education Alliance of North Carolina recently presented its STAR Awards, which recognize "Schools That Attain Results." According to the SEA's Web site, the awards showcase a more complete picture ...


News Story: Protesters swarm Thai airport, takeoffs suspended

Anti-government demonstrators swarmed Bangkok's international airport late Tuesday, halting departing flights, as opponents and supporters of Thailand's government fought in the streets of the city.


Religious Notes

Published: Saturday, November 22, 2008 at 9:00 a.m. Last Modified: Friday, November 21, 2008 at 5:30 p.m. The church on N.C. Highway 150 North will have a special Thanksgiving service at 11 a.m. Sunday with a ...


Bayboro officials want residentsa ideas for county revitalization

A recent revitalization grant the town received will benefit all of Pamlico County, Bayboro's mayor said Saturday.


Coalition announces Spirit of Diversity Awards

Each year, the Latino Advocacy Coalition celebrates three individuals from the Henderson County area with its Spirit of Diversity Awards.


Orange vote for train station task force

The Orange County Board of Commissioners voted 3-2 Tuesday to establish a task force to investigate funding, supporting infrastructure and potential sites for an Amtrak train station in Hillsborough.


Charities begin drives for Christmas aid

A number of charities have begun accepting applications for Christmas assistance and starting collection drives for toys, clothing and volunteers.


Gay, abortion robo-calls hit SC state Senate race

Voters in Lancaster and York counties are getting automated phone calls from a phony gay organization that says it supports the Democratic candidate for the local South Carolina state Senate seat, a move a ...


Pamlico officials protest cut in hours for mobile driver license unit

Pamlico County leaders are upset at state budget cuts that sliced the operational hours for a mobile driver license unit.


State and federal legislative candidates have been piling up the...

State and federal legislative candidates have been piling up the endorsements as Election Day draws nearer.


New P.E. Class Approach To Energize Kids Statewide

They just know they're having a good time. "I like the pedometers because you get to track stuff and I'm good at that in math," said fourth grader Cade Barnhill.


Daybook

Published: Saturday, October 11, 2008 at 4:30 a.m. Last Modified: Friday, October 10, 2008 at 8:34 p.m. Grace Lutheran Preschool and Church holds a yard and bake sale from 7 to 11:30 a.m. in the church's ...


Families of workers arrested in immigration raid get help

Greenville-area residents and groups are working to help the families of more than 300 suspected illegal immigrants arrested in a raid at a poultry processing plant last week.


Mental health court eyed in 18th Judicial District - Associated Press

REFRESH BROWSER each visit to make sure you're getting the latest content. A service of North Carolina Mental Hope.


Alliance chief hints at news for Mount Olive

A lack of citizen input can have a crippling affect on industrial recruitment, Wayne County Development Alliance President Joanna Thompson told an early-morning crowd gathered for the Mount Olive Area Chamber ...


Pamlico gets license plate agency

For the first time in more than eight months, Pamlico County residents won't have to travel to Craven or Beaufort counties to get a new car, truck or boat tag.


NC guv candidates don't like third-party ads

Beverly Perdue and Pat McCrory didn't have much nice to say about third-party ads that are being run in the gubernatorial campaign.


Diploma Plus aims at creating skilled work force in Gaston County

While unemployment in Gaston County is climbing, there are opportunities out there for Gaston County workers, said Cathy Kenzig, executive director of the Alliance for Children & Youth.


Community comes together

Harbor Sounds' guitarists picking and singing and a contribution jar jingling greeted more than 150 people at a benefit on Sunday for a local family in its hour of need.


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"...I was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.
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