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Altamahaw, 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 Altamahaw, 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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Altamahaw, North Carolina News
Election boards across the state prepare for an onslaught of voters

"It just takes a little longer because they have to fill out a voter registration form"

Elections offices across the state are taking extraordinary steps and hiring more people as they prepare for an anticipated onslaught of voters this spring. via Kinston Free Press


Kitchen diamonds sparkle in the Piedmont

"It's not like putting a tomato seed in the ground and watering and fertilizing it and knowing that three months later you'll have a tomato"

Franklin Garland of Hillsborough pulls a gallon-sized plastic bag out of his freezer, opens it up and breathes in the nutty, earthy aroma. via News & Record


Lincoln one of 57 counties that may be affected by N.C. lottery formula

"We can't afford any longer to have these formulas discussed in isolation"

A legislative study committee on Wednesday recommended taking $32.5 million from the lottery reserve fund and giving it to 57 counties to use for school construction. via The Gaston Gazette


Scam reports bloom as the weather warms up

"Poor workmanship and poor materials isn't a crime. It probably should be, but it falls in civil jurisdiction."

As the weather warms up and the spring flowers bloom, so do reports of con artists offering home repairs at unbelievable rates. via News & Record


Media Outlets Sue North Carolina Gov Over E-Mails

Media organizations from across North Carolina sued Gov. Mike Easley on Monday, accusing his administration of violating the state's public records law through the "systematic deletion, destruction or ... via Wral.com


Mental health reform flaws, laid bare

"This is the worst case the state has seen"

These days, Tony Zichi is finally where his doctors and his family argued he should have been all along: in a maximum security state psychiatric ward, for treatment of severe schizophrenia. via News & Record Syndication Feed


Clerks at four stores cited for selling tobacco to minors

Employees at four Davidson County businesses allegedly sold tobacco products to minors during February and March, according to a press release from the N.C. Department of Crime Control and Public Safety. via The Dispatch


Alamance Regional joins Triad's smoke-free hospitals

The Business Journal of the Greater Triad Area - by Michelle Cater Rash The Business Journal Serving the Greater Triad Area When it comes to practicing what they preach, the Triad's largest health care systems ... via Bizjournals


While the U.S. has been firmly in grasp of a recession since January, ...

"To this point in time, the most important indicator that we are in a recession is data from the employment front"

Economist: State may avoid national recession By Jason Reagan reagan@wataugademocrat.com COMMENT ON THIS STORY While the U.S. has been firmly in grasp of a recession since January, North Carolina may be one ... via Watauga Democrat


Fire next time?

"So long as the temperature remains around 60 degrees, it is safe"

A chemical stockpile near Burlington got way out of hand, with potentially catastrophic consequences Here's hoping things stay nice and cool over at the Burlington Chemical Co., just west of the Triangle. via News Observer


The shifting sands of beach renourishment

Calling it the "New Jerseyization of our beaches" while demonizing coastal engineers, geologists and environmentalists are lining up to oppose terminal groins and jetties to save endangered homes along the N.C. ... via Salisbury Post


NC among states with ballot shortages

"Running an election sounds pretty simple until you try to do it. Folks just don't understand how much advance planning goes into setting this up. "If you run out of ballots, it's because your crystal ball isn't good enough"

It's a simple question with no simple answer: Why do polling places across America keep running out of ballots when it's no secret that this contentious primary season keeps breaking voter turnout records? For ... via Abc11tv.com


Hogan's Magnolia View Farm joins Farm Tour

"I have two missions. One is to bring healthier food to the local community, and the second is to find a way to generate enough money to give to my sons to stay on the farm."

Hogan's Magnolia View Farm, a family-owned farm since 1757, joined the 13th Annual Piedmont Spring Farm Tour because of the tour's emphasis on community-based, local production and the promotion of sustainable ... via The Carrboro Commons


Obama chides McCain for approach to economy during visit in NC

"I will not play election-year politics with the housing crisis"

Democrat Barack Obama ridiculed Republican presidential rival John McCain on Wednesday for what he called a "sit back and watch" approach to the economic troubles gripping the nation. via HendersonvilleNews.com


AG Cooper: NC Copy Of Bill Of Rights Is Ours

An original copy of the U.S. Bill of Rights stolen by union soldiers in 1865 now officially belongs to the people of North Carolina and to no one else, Attorney General Roy Cooper said Monday. via NBC17.com


Guilford County Gets Grant To Reduce Tobacco Use

The North Carolina Health and Wellness Trust Fund awarded $275,000 to the Guilford County Department of Public Health. via WFMY 2 Greensboro


2 N.C. soldiers killed in Iraq

"I told him, 'When you're up to your neck in the water in the foxhole, and it's people yelling at you, it won't be me out there with you.' "

Retired U.S. Army Col. Larry West said his son, Laurent, came to him as a teenager expressing interest in joining the Army. via News Observer


Video slots off hook for now

"You can't tie a valid sweepstakes to an illegal activity"

For now, state agents can't shut down businesses featuring video slot machines connected to certain phone- and Internet-marketing systems, a judge ruled Friday. via News & Record


Latest attempt at NC legislative fiscal review underway

"Anytime you're entrusted with the money that taxpayers pay to the state, you need to ensure that that money is being spent wisely"

Published: Monday, March 17, 2008 at 6:01 a.m. Last Modified: Monday, March 17, 2008 at 12:00 a.m. Legislative leaders criticized by some for raising the state's annual budget by nearly 30 percent since 2004 ... via StarNewsOnline.com


Susan G. Komen Foundation Awards Grants To 15 Triad Agencies

The North Carolina Triad Susan G. Komen Affiliate awarded grants to 15 area agencies. via WFMY-TV Greensboro


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