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Bennett, 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 Bennett, 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
| Bennett, North Carolina News |
Thomasville council delays land plan vote
Published: Tuesday, September 16, 2008 at 9:00 a.m. Last Modified: Tuesday, September 16, 2008 at 1:21 a.m. The Thomasville City Council, in order to allow council members time to study updates to a proposed ...
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Intersection due for help -- but what kind?
With limited visibility and cars zooming over the speed limit, Jeanne Brown has a hard time turning onto Mount Carmel Church Road from Bennett Road as it is.
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Local News, Weather and Sports for Wilmington, NC and the Cape Fear Region
Submitted by WWAY on 24 June 2008 - 5:13pm. international terminal The North Carolina Ports Authority is one step closer to a Brunswick County international terminal.
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Lexington man killed in collision
An 84-year-old Lexington man was killed in a wreck Thursday night on U.S. Highway 64 West after a Winston-Salem man ran a stop sign and collided with the car, which was driven by the man's son, according to a ...
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Summer and snakes go together
Hot dry weather and snakes are almost synonymous in the mountains. When serpent and man meet, problems can arise.
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Why Hillary Lost in 2008
"When you win, you did everything right. When you lose, you did everything wrong." After every election, there are two stories to be told, how a candidate and a political party won, and how a candidate and political party lost. via Jim Buie's Blog
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Voters Speak from North Carolina and Indiana
"This is the first time that I've voted in the United States. I vote for Barack Obama. I think he has a platform that is very interesting concerning the economy." It's primary day in North Carolina and Indiana, with 187 delegates at stake and with polls showing a close race in Indiana between New York Sen. via National Public Radio
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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
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"Every other company said they could not help us. After speaking to about five companies, we really believed that no one could. Then we called Somerset, and your company proved us and those other companies wrong. We can't thank you enough for all your hard work and effort in getting us a low fixed rate. We can now breathe easier..." - L. Braun
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