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Atlantic, 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 Atlantic, 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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Atlantic, North Carolina News
Canada requires ship registration in Arctic

Canada's prime minister moved to firm up control of disputed Arctic waters Wednesday by announcing stricter registration requirements for ships sailing in the Northwest Passage.


Down East Man Charged With Kidnapping, Assaulting Girlfriend

Hey, read the rules! A Carteret County man is accused of kidnapping and trying to strangle his girlfriend.


Message In A Bottle Has Ties To Carteret County

An amazing story to tell you about a tale right out of the movies, and one of two worlds coming together twenty years later.


NC governor candidates debate offshore drilling

North Carolina's two major-party candidates for governor continued to spar over plans to open the coast to oil and natural gas drilling Tuesday night during the first live televised debate of the general ...


Lot/Vacant Land for Sale in Oak Island, North Carolina

Description: Oak Island is located on the Atlantic Ocean just below Wilmington, NC.


Forecasters increase hurricane outlook

Federal forecasters this past week upgraded their outlook for this Atlantic hurricane season to include two more named storms than previously predicted.


Webber property sells for $12.28M

A tract of land that sparked a controversy regarding Jarvisburg's Land Use Plan designation transferred ownership last week.


NC candidates differ on offshore drilling

Two candidates for governor attempted Thursday to woo the farm vote at a policy forum, with Republican Pat McCrory promoting offshore drilling and Democrat Beverly Perdue touting her knowledge of the ...


Forecasters increase Atlantic hurricane outlook

Federal forecasters on Thursday upgraded their outlook for this Atlantic hurricane season to include two more named storms than previously predicted.


Scuba divers' paradise

Pirate lore has it that in the late 17th century, horses bearing lanterns were led along the barrier islands near Beaufort, luring ships to be pillaged and sunk.


More of this story

Lack of oxygen is likely reason, says supervisor By MIKE VOSS Contributing Editor Extremely low levels of dissolved oxygen are the likely cause of a fish kill that occurred in Blounts Creek, according to a ...


N.C. museum director sets a course to help facilities tell their stories

When Joseph Schwarzer was named director of the state's three maritime museums, he said he was as surprised as anyone.


Williams opens solar business in Camden

Mid Atlantic Solar Co. president, Wayne Williams, has brought the green revolution to Camden.


News Story: Tropical Storm Cristobal brushes NC coast

Tropical Storm Cristobal dumped rain and brought rough seas to the North Carolina coast Sunday, and forecasters predicted the system was headed for the open Atlantic.


Bald Head Island heads for record sea turtle nesting season

Camp UMC collecting flood bucket donations People in Brunswick County know what it s like to come home to flooded roads and damaged homes.


Crime Roundup for July 20

Rocky Mount police investigated an early morning shooting that occurred Friday on the 300 block of Atlantic.


Tropical Storm Cristobal brushes NC coast, weakens

Tropical Storm Cristobal dumped rain and brought rough seas to the North Carolina coast Sunday, and forecasters predicted the weakening system was headed for the open Atlantic.


Graveyard of Atlantic museum director heads 2 more

The man who has led the Graveyard of the Atlantic Museum in Hatteras for 12 years is now heading up two other museums in North Carolina.


Museum action questioned

News about the change in directors of the N.C. Maritime Museums has spread fast and not everyone is happy about it.


Human smuggling in Orange County

When Hillsborough police officers responded to a knife fight in a McDonald's parking lot last month, they uncovered a network of van drivers delivering illegal immigrants to the East Coast - and allegedly ...


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