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Camden, 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 Camden, 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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Camden, North Carolina News
Chowan falls into state's Tier 1 economic category

With a budget shortfall of $3.8 million, a nine-cent property tax rate hike, high unemployment and a looming national recession, Chowan County is feeling the economic pinch.


Camden turns out for lighting ceremony

About 70 area residents braved nippy temperatures Monday night to attend Camden County's annual Christmas tree lighting ceremony.


New Camden board gets sworn in today

Camden County's new board of commissioners will have two new faces and maintain Republican control when members are sworn in today.


Farmland district eyed for Camden

Camden County may have found a way to kill two birds with one stone. Maximilian Merrill, conservation specialist with the state's Farmland Preservation Trust Fund, recently proposed that Camden adopt a ...


Snow Catches Some By Surprise

In Norfolk and the Hampton Roads vicinity the snow didn't present too much of a problem for early morning commuters, but in Camden, N.C. it snowed enough that motorists had to clear windshields before setting ...


Camden building fee draws criticism

Camden County's "voluntary mitigation fees" for schools are drawing complaints from builders and residents who say the costs are too excessive.


Surprise snowfall in Virginia and North Carolina

A surprise overnight snowfall scattered flurries in some locations but brought a modest accumulation to others across Virginia and North Carolina Friday.


Butterfield: OLF position unchanged

Some Camden residents whether U.S. Rep. G.K. Butterfield, D-1st District, is on their side in opposition to the Navy's plans to locate an outlying landing field in northeastern North Carolina.


Camden in line for $2M grant

Camden County is in line for a $2 million grant for economic development, but one of the requirements for receiving it is community consensus on how the money should be spent.


Camden agrees to fill tax, DSS vacancies

Camden commissioners have agreed to fill vacancies in the tax office and social services department but will hold up approval for an additional worker in the Register of Deeds office.


Obama: Most anticipate positive changes

Even those who don't agree with President-elect Barack Obama's policies have to agree that this has been a historic election in which a female ran for vice president and an African-American man was elected to ...


Duke reports progress in OLF study

Duke University researchers say they are pleased with the initial findings of an environmental impact study that will examine five sites the Navy is eyeing for a possible jet landing field.


9,000 cast ballots today

Despite some early morning rain, turnout for today's elections continued on a record-setting pace, with large numbers of voters swelling the totals already recorded with early voting.


Wanted: Missing family, separated at birth

As a child growing up in Camden County, Jeannie Bundy never imagined that she was one of five children.


Saturday is the last day to vote early, absentee in N.C. and Va.

Saturday is the last day for in-person absentee voting in Virginia and early, one-stop voting in North Carolina, but the available hours vary by location.


Navy landing field, economy are big issues in N.C. county race

Candidates for the Camden County Board of Commissioners name two main issues as priorities - stopping the proposed Navy airfield and attracting business and jobs.


Nearly 12,000 vote early a " Dems outvoting GOP voters by 4-1 margin

Nearly 12,000 early votes have been cast in next month's elections, more than half of them by Pasquotank voters, election figures show.


Hunter rescued in Camden

A hunter who fell into Sawyer's Creek while docking his boat was rescued by two Camden sheriff's deputies Saturday afternoon.


Camden County Board of Education candidates

Three candidates are running for two seats on the Camden County Board of Education.


Kuster-Brown

Sarah Jane Kuster daughter of Mr. and Mrs. Dewey Kuster III of Cynthiana, Ky. and Ashley Graham Brown, son of Mr.


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