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Havelock, 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 Havelock, 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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Havelock, North Carolina News
Man, woman arrested in string of robberies

A man and woman have been arrested and charged with a string of armed robberies that began Oct.


Craven commissioner named to national health board

Craven County Commissioner Lee K. Allen has been elected the Southeast regional director of a national association tasked with minding public health.


It's snowing and sleeting in Havelock

An area of sleet and snow is moving into southern Craven County this morning as a cold front sweeps across North Carolina.


Havelock to need $10 million in water upgrades by 2020

Havelock may have to spend more than $10 million to improve its water system to keep up with anticipated growth through 2020, according to a consultant's report.


Havelock police arrest man wanted in Winston-Salem

Havelock police arrested a man wanted for crimes in Winston-Salem, according to a release.


Water plant operators save city nearly $100,000 on de-chlorination system

Three Havelock water plant operators have saved the city nearly $100,000 by installing a $1,800 de-chlorination unit at the city water plant on Brown Boulevard.


Havelock killing remains unsolved 11 years later

Amid the traditional rectangular gravestones in the Oak Grove United Methodist Cemetery is one that stands out.


Water main break causes disruption

A water main break along East Main Street in Havelock will be inconveniencing customers from Webb Boulevard to Nunn Street Wednesday afternoon.


Havelock seeks nominations for parade grand marshal

The city of Havelock is now accepting nominations for grand marshal for its annual Christmas parade scheduled for Dec.


Havelock to look at buying fire truck

Havelock commissioners agreed Monday night to look at the possibility of buying a multi-purpose fire truck that could cost about $500,000. Fire Chief Rick Zaccardelli was directed to prepare specifications for ...


Police seek suspects in robbery of cab driver

Havelock police are seeking two suspects in the armed robbery of a taxi driver Monday night.


Havelock couple faces tax charges

A Havelock couple was arrested Friday charged with seven counts of felony tax evasion.


School board set to approve 2009-10 calendars

Craven County Board of Education members say their only choice is to approve three calendars for the 2009-10 school year - one traditional, one for year-round schools in Havelock and one for Craven Early ...


Review of 2007-08 performance on Craven school board agenda

Craven County school administrators will spend much of Monday's board work session talking about the system's 2007-08 achievements and reading test scores.


Local church hosts deployment ceremony

A North Carolina Army National Guard unit is set to deploy to Iraq in support of Operation Iraqi Freedom.


Trash report to be presented to commissioners

Havelock commissioners are expected to discuss trash pickup proposals at its work session at 7 p.m. Monday at Havelock City Hall.


Mock shootout provides training for rookie police officers

The scenario was fake. The training was real. A simulated courtroom shootout Thursday night offered four rookie officers with the Havelock Police Department a chance to learn how to rely on their own instincts.


Veterans have different stories, shared experiences

The stories may be different. But, the experiences are shared. Some may have spent just a few years in the armed forces.


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