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Reverse Mortgage
Divorce Buyouts
Debt Consolidation
Home Improvement
Purchase
Refinance
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Aberdeen, 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 Aberdeen, 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 fha loans in the state of NC
| Aberdeen, North Carolina News |
Hanna Draws Nearer
The National Weather Service has issued a flash flood watch and wind advisory for Moore County in anticipation of Tropical Storm Hanna.
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Reward Offered in Murder Case
Sandhills Crimestoppers is offering a $1,000 reward for information that leads to an arrest in the murder of Scott Rovnak.
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Family Wants Justice in Murder
Just after Christmas six years ago, someone murdered Scott Rovnak while he was sitting at home in his office.
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County's Jobless Rate Jumps
Moore County's unemployment rate increased significantly in July. The jobless rate rose to 6.6 percent in July, up from 6 percent in June, according to the Employment Security Commission of North Carolina .
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Pilot Light: Sen. Dole Plans Presentation to Academy of Moore
U.S. Sen. Elizabeth Dole will make a presentation Thursday to The Academy of Moore school.
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Pilot Light: McGinnis Named to County Planning Board
The Moore County Board of Commissioners has appointed Thomas L. McGinnis, of Seven Lakes West, to the Planning Board.
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S.P. Police Charge Man in Robbery
Southern Pines police arrested an Aberdeen man Friday on an armed robbery charge.
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Thief deceives restaurant employee
A thief pulled a trick on a Rockingham restaurant employee walking away with $67 after ordering $1.59 worth of food, Rockingham police said.
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County Unemployment Rate Jumps
Moore County's unemployment rate rose significantly last month. The jobless rate jumped from 5.6 percent in May to 6 percent in June, according to the Employ-ment Security Commission of North Carolina .
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Aberdeen Police Tase 79-Year-Old
Aberdeen police Tased a 79-year-old man Tuesday who had been threatening to shoot a gas company worker.
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Cumberland County in top 10 for tourism dollars
Aug. 6--Tourists haven't been pinching all their pennies. Visitors to most counties in the Cape Fear region spent more money in 2007 than they did in 2006, according to a report released Tuesday by the North ...
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Tax-Free Shopping Under Way
Shoppers this weekend have reason to smile -- the North Carolina tax-free holiday begins today.
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Richmond Memorial Hospital teaches new parents the ropes
Pregnancy brings a host of questions, and FirstHealth Richmond Memorial Hospital sought to answer some of them Tuesday night.
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Man arrested for role in teen's death
A second suspect has been arrested in connection with the hit and run death of a 13-year-old on the morning of June 17 on U.S. 74 Business west of Rockingham.
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Storm Batters Part of County
High wind, heavy rain and lightning pummeled Moore County Tuesday and Wednesday, felling trees and causing sporadic power outages.
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Death Penalty Sought in Addor Murder
Justin Raynal Cotton will face a possible death sentence if convicted of robbing and killing a man in Addor.
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Restaurant Inspector Not Always Welcome
To the staffs at some restaurants, Percell Locklear Jr. is about as welcome as a bad tipper.
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Pilot Light: Planning Board Gets Two New Members
The Moore County Planning Board is getting two new members, and two current members will return to the board for an additional term.
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Death Penalty Sought in Addor Murder
Justin Raynal Cotton will face a possible death sentence if convicted of robbing and killing a man in Addor.
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Old West Sound: Cowboy Envy Comes to Aberdeen
"The next installment of Summer on the Porch in Aberdeen has something for everyone," says Janet Kenworthy, organizer.
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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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"Every other company said they could not help us. After speaking to about five companies, we really believed that no one could. Then we called Somerset, and your company proved us and those other companies wrong. We can't thank you enough for all your hard work and effort in getting us a low fixed rate. We can now breathe easier..." - L. Braun
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