Somerset Investors Corp. Mortgage Refinance, Reverse Mortage, Home Loan
  Reverse Mortgage Divorce Buyouts Debt Consolidation Home Improvement Purchase Refinance
Search Somerset:
Print this page    E-mail this page

Andrews, 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 Andrews, 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.

Return to bad credit fha loans in the state of NC

Bad Credit? We can help!

Call for COMPLETE details NOW!

(800) 675-9783

Andrews, North Carolina News
Rain causes some flooding in WNC

Mike McWilliams * MMcWilliams@CITIZEN-TIMES.com * published January 7, 2009 12:15 am ASHEVILLE Flooding closed at least one road in Western North Carolina as nearly 4 inches of rain fell in some parts of the ...


Keeping Cherokee County safe

SCOTT WALLACE/Cherokee Scout Cherokee County EMS paramedic Daniel Swanson checks the blood pressure and pulse and oxygen levels of Cherokee Scout Editor Robert Horne in August.


Students dance away disabilities

Photos by SCOTT WALLACE/Cherokee Scout David Maennle, 19, of Andrews and Anna Grace Davis, 16, of Murphy , are just two of the people enjoying learning to dance as part of the Dancing with Disabilities program ...


Speed, alcohol at work in WNC traffic deaths

Jon Ostendorff * JOstendorff@CITIZEN-TIMES.com * published December 28, 2008 12:15 am The word is clearly printed in capital letters at the top of each DMV-349 form: FATALITY.


Readers talk backa

KENNETH MARK Hartley can't say his attorneys haven't given him a vigorous defense.


1920's

Fred Laxton, Earle Gluck, and Fred Bunker met in an amateur radio supply store in Charlotte, and decided to pool their equipment and set up a station in the Laxton home.


Cops spread Christmas joy

Photos by SCOTT WALLACE/Cherokee Scout Jordan Godbold, 7, seeks the advice of his a oecop,a Murphy police Officer Heath Woodard, about a present for Jordana s mom.


Murphy downs Andrews by 45

Murphy The Bulldogs made it four straight wins to start the year Friday night with a 99-54 victory over Andrews.


Cherokee County art contest winners

Peachtree Elementary fifth-grader Meghan Blaylock won Best In Show among elementary school students with her depiction of Charlottea s Web.


County eyes auto supply plants to fill vacancies

Cherokee County officials are ready to bring in automotive supplier industries to fill vacant buildings, as the new Volkswagen plant under construction in Chattanooga, Tenn., will announce who its tier II and ...


Humane Society receives award for foster work

Andrews So far this year, the Valley River Humane Society has sent a total of 291 animals to rescue.


Murphy Medical cuts staff

SCOTT WALLACE/Cherokee Scout Murphy Medical Center Chief Executive Officer Mike Stevenson answers questions during a press conference Thursday morning at the hospital while the hospitala s foundation director, ...


Community news

A new men's chorus is starting in east Asheville and members are needed. Practice will be held at East Asheville United Methodist Church, 48 Browndale Road 8:15-9 p.m. one Wednesday each month.


No comments posted.

Deadlines Monday by 5 p.m. is the deadline for submission of typed, faxed and handwritten items to be submitted for the following week's paper, and they can be faxed to 552-7564. The deadline for e-mailed ...


Tuesday

Local News 'Mompreneurs' in running to win Forbes.com contest Nov 11, 2008 Asheville-based Honeywear, Inc., which makes an innovative baby sling and baby clothing, has advanced to the final round of the Forbes ...


Early voting hours extended until 5 p.m. Saturday

With almost 6,000 expected one-stop voting and absentee votes already cast in Cherokee County, the board of elections voted unanimously to extend early voting hours from 1-5 p.m. Saturday.


Early voters lining up, keep office busy

SCOTT WALLACE/Cherokee Scout David and Rita Rife of Marble are two of the more than 2,500 Cherokee County voters who already have cast their ballots in the 2008 general election.


Construction noise a concern

When many Carrboro residents think about the developments planned for downtown, the questions that tend to come to mind address what it will look like, what businesses it will bring, how much parking will be ...


Save time with our easy online mortgage application.
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
 
"I prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.
© 2006 Somerset Investors Corp. All rights reserved.
home | about us | Mortgage Blog | contact us | privacy policy | state licensing | search | links | link to us | site map
mortgage calculators | refinance | purchase | fha | reverse mortgage | divorce buyout | debt consolidation
Eqaul Housing Lender Member of the Better Business Bureau (BBB) Member of the National Reverse Mortgage Lenders Association (NRMLA)