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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
Changing of the guard?

The past few years have been busy ones for the Buncombe County Planning Board, as the county's seen the advent of zoning, record growth and more than one controversial development-related issue.


Tuesday arrests: Man charged with break-ins

Buncombe County Sheriff's deputies Tuesday charged an Alexander man with a pair of break-ins. Ricky Lee Dale Norton, 22, of Murray Debruhl Road, is charged with first-degree burglary, breaking and entering a ...


Educators inducted into Rhododendron Society

William D. "Bill" Killian of Hendersonville, Peggy Badgett Rickert of Statesville and Judy Gibson Mays of Greensboro have been inducted into the Reich College of Education's Rhododendron Society at Appalachian ...


Buncombe property transfers

The following transfers were filed in the Register of Deeds office July 28-Aug. 1. Alexander * Larry Wendall McMahan to Anthony Matthew and Julia Revon Moore, 835 Jenkins Valley Road, $177,000 Arden * Sprinkle ...


Man charged with cocaine possession, fugitive warrant

ASHEVILLE Authorities Sunday charged an Asheville man with cocaine possession and a fugitive warrant from South Carolina.


Hipp brothers offer peaches aplenty

From left, Harry and John Hipp attend to the peach stand. The Hipps are having a bumper crop this year with over 400 peach trees on two acres at the corner of Woodleaf and Jake Alexander.


Locke Fire Department cited for serious, non-serious violations

The state's Occupational Safety and Health Division cited Locke Fire Department for two serious violations and one non-serious violation in the wake of the March fire that killed two Salisbury firefighters.


Caldwell jobless rate increases to 7.6 percent

Nathan Key , Managing Editor A month after 92 counties in North Carolina had increases in their unemployment rates, 82 of them saw a jump again during June.


Caldwell jobless rate increases to 7.6 percent

Nathan Key , Managing Editor A month after 92 counties in North Carolina had increases in their unemployment rates, 82 of them saw a jump again during June.


Lawyers in NC trooper death case seek privacy

A sheriff says lawyers and man charged with killing a North Carolina Highway Patrol trooper can meet privately in the jail's library.


Lawyers in NC trooper death case seek privacy

A sheriff says lawyers and man charged with killing a North Carolina Highway Patrol trooper can meet privately in the jail's library.


Couple charged with possession of stolen radiators

ASHEVILLE An Asheville man and woman were arrested Monday on charges of trying to sell stolen radiators to a scrap dealer, according to warrants at the Buncombe County Magistrate's Court.


Responding to an invitation

Q. Dear Sallie, Sarah in Knoxville had a question printed about not having received a response card with a fancy wedding invitation.


Top Feature: Craft Fair is like 200 galleries coming at you

ASHEVILLE Downtown Asheville's busy sidewalks are more jammed than usual this weekend with the 61st annual Craft Fair of the Southern Highlands at the Asheville Civic Center.


Weekly Weeders

The Blount-Bridgers House "Weekly Weeders," from left, Yan Jing Royal, Dana Alexander, Candis Owens and Jacksie Aycock are starting to reap rewards from the kitchen garden, now bearing the fruits of their ...


Smoked out

Cruel Summer is a four-part series. To view key documents, photos and other materials, as well as subsequent installments , visit mountainx.com/cruelsummer . Dave Alexander, a 23-year-old cub reporter for the ...


SBI probes death of Clyde man

Jon Ostendorff * JOstendorff@CITIZEN-TIMES.com * and Clarke Morrison * published July 6, 2008 12:15 am CLYDE The State Bureau of Investigation is looking into the death of a Haywood County man who stopped ...


Jesse Helms: 1921-2008

Jesse Alexander Helms. AGE - Born Oct.18, 1921 in Monroe, N.C. EDUCATION - Monroe public schools; Wingate Junior College and Wake Forest College.


Man charged with possession

The N.C. Highway Patrol charged an Asheville man with cocaine and marijuana possession.


10Plus with Dr. Marian Earls

Since 1997, the private nonprofit Guilford Child Health has served as Guilford County's primary-care provider for children from poor families.


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