Somerset Mortgage Lenders Mortgage Refinance, Reverse Mortage, Home Loan
  Reverse Mortgage Divorce Buyouts Debt Consolidation Home Improvement Purchase Refinance
Search Somerset:
Print this page    E-mail this page

Arden, 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 Arden, 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

Bad Credit? click here.

Call for COMPLETE details NOW!

(800) 675-9783

Arden, North Carolina News
A car for $100? Arrests for Monday

Buncombe County arrests for Monday, Aug. 18: Joyce Ramsey Austin, 34, who gave a Hilltop Drive, Asheville, address was arrested Monday and charged with obtaining property by false pretenses, larceny of a motor ...


Heavier Fighter Helmets Require Improved Ejection Research

JHMCS, adjusting The introduction of helmet mounted sights like the US-Israeli JHMCS and its F-35 successor the HMDS , Thales TopSight/ TopOwl , Saab Cobra , et.


Charge filed in deadly motorcycle crash

Authorities Tuesday charged a Fairview woman in connection to a deadly motorcycle accident last month.


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 ...


The former Boone Police officer charged in a state child-pornography...

The former Boone Police officer charged in a state child-pornography investigation is out on bond after spending seven days in the Watauga County Detention Center.


Interest in fitness leads to career as personal trainer

After going to a gym in California for the first time at the age of 12 or 13, Steve Marks was hooked.


BorgWarner to lay off workers

Comments on Topix forums : FLETCHER BorgWarner Thermal Systems will lay off 70-100 employees at its Fletcher facility, part of a 16 percent cut in the company's local work force caused by a sluggish economy and ...


Wednesday arrests: Man charged with telling judge fake name

Police Wednesday charged a man with appearing before a judge and giving a false name.


Borg Warner to cut 70-100 jobs in Fletcher

Borg Warner Thermal Systems will lay off 70 to 100 employees at its Fletcher facility, part of a 16 percent cut in the company's local work force caused by a sluggish economy and high fuel costs.


Area stores pack shelves to prepare for sales-tax holiday weekend

Stores throughout the area were a flurry of activity Tuesday in anticipation of North Carolina's sales tax-free weekend.


New apartment complexes considered for Candler, Arden

ASHEVILLE The Buncombe County Board of Adjustment is scheduled to consider Aug. 13 requests to locate a 256-unit apartment complex in Arden and a 158-unit condominium complex in Candler.


Arrests: Second person charged in church break-ins

Authorities charged a second person in connection with break-ins last month at three Buncombe County churches.


Ride the bus to work

It was an aging car and a chance to ride the bus for free, that got Arden resident Doug Miller to try taking the bus.


Teen charged in church burglaries

ASHEVILLE A Leicester teenager was charged Monday with breaking into three area churches in June, according to warrants at the Buncombe County Magistrate's Court.


Teen charged in church burglaries

ASHEVILLE A Leicester teenager was charged Monday with breaking into three area churches in June, according to warrants at the Buncombe County Magistrate's Court.


Teen charged in church burglaries

ASHEVILLE A Leicester teenager was charged Monday with breaking into three area churches in June, according to warrants at the Buncombe County Magistrate's Court.


Teen charged in church burglaries

ASHEVILLE A Leicester teenager was charged Monday with breaking into three area churches in June, according to warrants at the Buncombe County Magistrate's Court.


Asheville's traffic flow needs a professional's touch

A recent study showed that the average American walked 900 miles a year and consumed 22 gallons of alcohol a year.


Arden Restaurant Buzz

Two closures to report: The Boathouse On Lake Julian closed, effective 7/7/08. Boathouse On Lake Julian 65 Long Shoals Road Arden, NC 687-4141 Chocolate By The Foot Bakery has closed.


Stafford Hills wrapping up hot-selling project

About the project: Stafford Hills is a condominium development off Underwood Road in Fletcher.


Save time with our easy online mortgage application.
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
 
"I prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.
© 2006 Somerset Investors Corp. All rights reserved.
home | about us | Mortgage Blog | contact us | privacy policy | state licensing | search | links | link to us | site map
mortgage calculators | refinance | purchase | fha | reverse mortgage | divorce buyout | debt consolidation
Eqaul Housing Lender Member of the Better Business Bureau (BBB) Member of the National Reverse Mortgage Lenders Association (NRMLA)