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Reverse Mortgage
Divorce Buyouts
Debt Consolidation
Home Improvement
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Almond, 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 Almond, 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
| Almond, North Carolina News |
Profits undimmed
In 1995 a friend suggested I invest in two small automotive companies. After doing some research, I decided to buy 200 shares of Gentex, the leading maker of automatic dimming mirrors for automobiles.
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My Smartest Investment
In 1995 a friend suggested I invest in two small automotive companies. After doing some research, I decided to buy 200 shares of Gentex, the leading maker of automatic dimming mirrors for automobiles.
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Iron Abe Triathlon - July 27
Gayle Wichman, 67, of Pontiac, Ill., and Dean Davis, 79, of Almond, N.C. were the oldest to compete in the Iron Abe Triathlon on Sunday, July 27.
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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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"...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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