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Ararat, 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 Ararat, 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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Ararat, North Carolina News
No comments posted. Responsible residents turn out in record numbers for this years elections. To area residents who are registering to vote in the November election.
Pulling together But Devin Bowman is fighting for his life, with family and friends rallying around him.
No comments posted. Thomas Smith/The News Firefighters from the Ararat, White Plains and South Surry Volunteer Fire Departments battled a blaze Sunday Night located off Key Road near Little Mountain Church Road.
Tax-free weekend spurs business Thomas Smith Staff Reporter Shoppers and local businesses are taking stock after a hectic tax-free weekend ended Sunday.
National Braille Challenge tests reading, grammar skills Jordan Lynch, an 18-year-old Ararat, North Carolina, resident, beat 460 competitors for the chance to travel to Los Angeles, California, on June 28, 2008, to compete in a national competition against the top 60 ...
Finders of the Lost Ark? "The one who states his case first seems right" T he late Ron Wyatt, a self-styled amateur archaeologist, claimed to have found Noah's Ark, the Ark of the Covenant, and the original stones of the Ten Commandments. via Christianity Today
Local man files for state House An Ararat man filed Friday as a candidate for a seat in the N.C. House of Representatives. via Mt. Airy News
Youth badly hurt while drag-racing "It could very well have been me or my family." Tom Joyce Staff Reporter A North Surry High School student was seriously injured Thursday morning during a "pre-arranged" drag race on Park Drive near Mount Airy, according to the N.C. Highway Patrol. via Mt. Airy News
Man charged with murdering mother The Surry County Sheriff's Office has charged a man with murdering his own mother. via News 14 Charlotte
Surry Woman Dies In Apparent Domestic Violence Shooting An elderly woman is dead in what seems to be a case of domestic violence. Sheriff's deputies responded to a residence on Nurse Road in the Ararat community of Surry County after a 911 call was made at around 9 ... via WXII12
No comments posted. Dec. 22 Casino Cruise, Old North State Winery, 6:30 to 9:30 p.m. Admission is free. via Mt. Airy News
No comments posted. Dec. 9 Miracle on 34th Street at the Andy Griffith Playhouse at the Surry Arts Council at 218 Rockford St. via Mt. Airy News
No comments posted. Thursday Candlelight Christmas in Historic Rockford community. Holiday music includes Surry Central High School Eagle Ensemble, Rockford residents Gene Anderson and Betty McGurk, and Limestone College Music ... via Mt. Airy News
No comments posted. Today, Thursday Christmas By Lamplight; turn-of-the-century Christmas celebration at Horne Creek Living Historical Farm. via Mt. Airy News
Ararat man dies in single-vehicle wreck "That's one thing we try to prevent." Tom Joyce Staff Reporter The death of an Ararat man in a single-vehicle accident Sunday marred what was otherwise a quiet Thanksgiving holiday weekend on Surry County highways. via Mt. Airy News
Judge orders man off property for landfill "There is no question that it will save citizens of Surry County hundreds of thousands of dollars" A superior court judge has given a Mount Airy man two weeks to leave his family farm as the county moves forward with the condemnaton of a 95-acre tract for a larger landfill. via Mt. Airy News

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