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Hamlet, 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 Hamlet, 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
| Hamlet, North Carolina News |
Hamlet church to host health program tonight
The New Bethel AME Zion Church in Hamlet is hosting a program tonight at 6 p.m. to help the community be aware of the value of nutrition in combating high blood pressure, diabetes, heart disease and other ...
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Deputies arrest three on cocaine charges
Three Richmond County men have been arrested on charges in connection with cocaine, said Capt.
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Deputies arrest theft suspect
A Rockingham man has been arrested on charges involving a break-in and theft at a house on East Eason Drive in Rockingham, said Capt.
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Hamlet Rotary looking for entries
The Hamlet Rotary Club is currently accepting entries for its 2008 Annual Christmas Parade scheduled to run rain or shine on December 11, 2008 at 3:30 p.m. The entry of a vehicle into the parade costs $25 each, ...
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No easy solutions found to water problem
Why? Why? Why? Why? Richmond County residents asked questions and expressed their concerns Wednesday night at a community meeting at the Hoffman Fire and Rescue station in Marston about contaminated water ...
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Hamlet hoping for big holiday
Efforts to improve downtown Hamlet have focused on bringing Christmas celebrations back to the city.
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Man found guilty in meth case
A Hamlet area man was sentenced in Richmond County Criminal Superior Court to over a year in prison after being found guilty by a jury of possession of a precursor chemical used in the making of ...
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Hamlet to pay tribute to Guard
As the National Guard company based in Hamlet completes last minute deployment preparations to head to Iraq, the City of Hamlet will make a special presentation to the unit at its council meeting tonight.
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Schools trying new tricks
One after one Thursday night, local teachers explained to the Richmond County School Board about how they're using new concepts to involve students and increase learning.
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Dobbins Heights celebrates victory by Barack Obama
One day after Sen. Barack Obama was elected as the first African-American president, the town of Dobbins Heights proclaimed a day in his honor.
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Man receives prison for fatal shooting
A Rockingham man has been sentenced to over five years in prison for voluntary manslaughter after pleading guilty in Richmond County Criminal Superior Court this week.
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N.C. Regulators Approve Progress Energy Transmission Line Route
The N.C. Utilities Commission has approved Progress Energy Carolinas' selected route for a 64-mile, 230-kilovolt electric transmission line between Richmond and Cumberland counties in the North Carolina ...
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Hamlet man charged with attempted murder
A Hamlet man has been arrested on a charge of attempted first-degree murder in the shooting of another man Friday night in Dobbins Heights, said Capt.
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Record voter turnout expected
Today the citizens of Richmond County join the rest of the nation in selecting a new president.
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Debit card makes the rounds
Someone went on a shopping spree with a lost debit card, the Rockingham Police Department said.
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Much ado raised over Bard's words
A quotation from Shakespeare's "Macbeth" raised concerns, if not eyebrows, during the Durham City Council's discussion of a donated sculpture for the new Performing Arts Center.
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Workers charged in theft from boss
Two Rockingham men have been arrested in connection with the theft of $5,000 worth of copper and brass tubing and fittings sold to a scrap metal company for only $1,499.17, said Capt.
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Juror was first cousin of co-defendant in Hamlet double murder
In a double-murder trial 16 years ago that boiled down to one defendant's word against that of three others, a jury convicted John Lee Conaway of kidnapping and killing two men after a convenience store robbery ...
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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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"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.
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