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Arapahoe, 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 Arapahoe, 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

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Arapahoe, North Carolina News
Residents voice worries about expansion of bombing practice at Piney Island

Residents are worried that a proposed expansion of military activity around Piney Island would hurt sport and commercial fishing in Pamlico Sound.


Looping history, heritage together in Pamlico County

As a teenager, Doug Taylor looped leaves of tobacco together with string before they were hung in a curing barn.


Flu shots scheduled in Pamlico

Defending against the flu bug will be cheaper in Pamlico County this year. The county board of health voted Monday to slash the cost of flu shots from $25 to $15. Registered Nurse Mary Spano, the health ...


Oriental becomes the stage at second annual celebration

Near the town marina Saturday, painters, photographers, wood carvers and many other artists displayed work that represented their love of the land, animals and using their hands.


Damage minimal in Pamlico County as Hanna skirts area

Tropical storm Hanna's calling card to Pamlico County early Saturday was several thousand residents losing electricity.


Pamlico family needs help after fire

A mobile home fire left six pets dead and a family without belongings Tuesday. Rosemary Kerlie left her house on Hardison Field Road off N.C. 306 around 9:45 a.m. for her job as a waitress at Gary's Restaurant.


Pedro Goes to Camp: VMR-1 Simulates Rescue Mission at Camp Sea Gull

Pedro Goes to Camp: VMR-1 Simulates Rescue Mission at Camp Sea Gull In addition to its duties as a transport squadron, Marine Transport Squadron 1 has two unique missions aboard the air station search and ...


Men saw into champion tree, discuss uses for wood

An old chainsaw roared, its chain rotated and dust flew through the air two miles north of Bridgeton on Saturday morning.


Olivia Shorey - Todd Spangler

Olivia Shorey of Stonewall and Todd Spangler of Mount Joy, Pa., were united in marriage June 7, 2008, at Arapahoe United Methodist Church with the Rev.


He's one of the last links to a dwindling fishing era

Black and white photographs from the 1940s and '50s tell a story - men in rain gear on large wooden boats, shoveling fish piled four-feet-deep across the deck.


He's one of the last links to a dwindling fishing era

Black and white photographs from the 1940s and '50s tell a story - men in rain gear on large wooden boats, shoveling fish piled four-feet-deep across the deck.


He's one of the last links to a dwindling fishing era

Black and white photographs from the 1940s and '50s tell a story - men in rain gear on large wooden boats, shoveling fish piled four-feet-deep across the deck.


He's one of the last links to a dwindling fishing era

Black and white photographs from the 1940s and '50s tell a story - men in rain gear on large wooden boats, shoveling fish piled four-feet-deep across the deck.


He's one of the last links to a dwindling fishing era

Black and white photographs from the 1940s and '50s tell a story - men in rain gear on large wooden boats, shoveling fish piled four-feet-deep across the deck.


He's one of the last links to a dwindling fishing era

Black and white photographs from the 1940s and '50s tell a story - men in rain gear on large wooden boats, shoveling fish piled four-feet-deep across the deck.


He's one of the last links to a dwindling fishing era

Black and white photographs from the 1940s and '50s tell a story - men in rain gear on large wooden boats, shoveling fish piled four-feet-deep across the deck.


He's one of the last links to a dwindling fishing era

Black and white photographs from the 1940s and '50s tell a story - men in rain gear on large wooden boats, shoveling fish piled four-feet-deep across the deck.


Antique cars draw stares, waves and honks

Excuse the motorists traveling the back roads of Craven and Pamlico counties Tuesday who thought they had slipped into an episode of the "Twilight Zone." Dozens of antique cars - sighted near Weyerhaeuser, ...


Capt. Merritt Watson, longtime fisherman, to be honored in Pamlico

Anyone who knows history or fishing in Pamlico County has heard of Capt. Merritt Watson.


Antique cars draw stares, waves and honks

Excuse the motorists traveling the back roads of Craven and Pamlico counties Tuesday who thought they had slipped into an episode of the "Twilight Zone." Dozens of antique cars - sighted near Weyerhaeuser, ...


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