Lake Lure, 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 Lake Lure, 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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| Lake Lure, North Carolina News |
Lake Lure's Bill William's Personal " Recession"!
I don't mind having people tell me that I have a bald spot hanging around on the top of my head, but it sure is challenging to get a picture of it.
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There is ART in Lake Lure!
One of the laments of locals and visitors alike is that there is no place where they can view a permanent collection of art. However, a fantastic permanent collection does exist in our area. The 1927 Lake Lure Inn and Spa has a great collection for all to view at anytime. The Inn also duplicates the aesthetic experiences that grand hotels provide in such cities as New York and Paris! Original furnishings of the hotel and bits of hotel history discovered during its renovation are preserved here including oddities such as the oak-cased annunciator at the front desk, tiles and nickeled fixtures from original baths, early hotel registers, and mementos left behind by long-departed guests. Take a comfortable hour or so to walk through their public rooms, halls, and lobby to experience the hundreds of antiquities and historical exhibits comprising the Inn's Art and Antiques Collection. The tour is self-guided and free. You are welcome to visit from 9:00 a.m. until 5:00 p.m., daily.. A lighted, American mahogany and stained glass bar back, along with period paintings, accessories, and breakfront cabinets, can be found in the Veranda Restaurant. An 1870's Baccarat crystal chandelier illuminates the foot of our central staircase, while each landing and the front foyer are lighted by matching, jeweled stained glass windows. An art glass and bronze chandelier lights the third floor mezzanine, and china cabinets at landings and along hallways bulge with antiques and historic pieces. The hotel's New York "self winding" clock keeps perfect time, while "The Lady in Red," (E. Hoop, 1928) watches over the main lobby--a grand space filled with paintings, marble and bronze statues, period lighting, furnishings, and architectural elegance. The Powers Room and the Moose and Goose Lounge are home to various photographs of local interest, exceptional antiques, oil paintings, and an historic ambiance. The hotel is home to a world-class collection of magnificent upright disc music boxes from the 19th Century. This stunning array of large, carved, inlaid, and exceedingly rare instruments (some as tall as eight feet) is on public display throughout the hotel. Makers such as Regina, Polyphon, Symphonion, Stella, and Fortuna crafted these amazing machines. Do visitand see this great collection that is hidden in plain sight for all of us to enjoy!
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Lake Lure Online Newspaper Endorses Walter Dalton For Lt Governor
The Local Newspaper for the Lake Lure area, The Hickory Nut Gorge News has recently endorsed a true local for Lt. Gov. of NC http://www.mynewsletterbuilder.com/tools/view_newsletter.php?newsletter_id=1409750135 "There is perhaps no more local family or individual who has worked harder for the Rutherford community than Walter Dalton! His efforts to preserve Chimney Rock and our area has earned your support this November 4th for Lt. Governor! Growing up in Rutherford County, Walter was a leader. A popular student who did well in school, he quarterbacked his high school football team. His good grades and leadership qualities led him to the University of North Carolina at Chapel Hill. After receiving a degree in Business Administration, Walter went to work in banking. He later returned to Chapel Hill to earn a law degree. In 1971, Walter married his high school sweetheart, Lucille. Thirty-five years and two children later, they are still an inseparable partnership. Like their parents before them, Walter and Lucille raised their children, Brian and Elizabeth, in Rutherford County. Recently, when Chimney Rock, a natural landmark, came up for sale, Walter successfully led the effort to add it to our state park system. It was not a new fight. Throughout his career, he has fought to preserve North Carolina's natural beauty, working to add gameland to the South Mountain State Park, enlarge Lake James State Park and create Hickory Nut Gorge State Park. Through his efforts he has helped preserve more than 500,000 acres of land in North Carolina by creating or expanding state parks. He alo prevented the private sale of Chimney Rock and Hickory Nut Gorge by incorporating it into the State Park System. Those of us who live in Lake Lure and Chimney Rock and those who love our mountains urge you to vote for a local who has worked the hardest to preserve our area- WALTER DALTON for Lt. Governor of NC" See his Web Site http://www.walterdalton.org/about13.html
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Leaf color lasts longer at lower elevations
For fall color, there is no other place like it in Western North Carolina. By the end of October, the leaves are gone from Asheville and most of the Blue Ridge Parkway, but in Lake Lure and the Blue Ridge ...
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VISTA AT BILL'S MOUNTAIN TO HOLD A GRAND OPENING ON NOVEMBER 1ST!
Vista at Bill's Mountain in the beautiful Blue Ridge Community of Lake Lure Invite you to it's Grand Opening on November 1st! Vista Developers has created four communities that are from ten to sixty minutes from some of the areas most desirable towns and cities. Their development in the Blue Ridge Mountains of desirable Lake Lure offers some of the best views in all of Western North Carolina. For more details see: http://www.mynewsletterbuilder.com/tools/view_newsletter.php?newsletter_id=1409724715 See you on November 1st or any day!
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Asheville Fall Foliage Forecast: When is Peak Color in the NC Mountains?
RomanticAsheville.com, a popular online travel guide to the Asheville area, has released its annual Fall Foliage Forecast.
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Rutherford rolls out new Web site
Visitors to the Rutherford County Tourism Development Authority's redesigned Web site will see changes that officials hope will translate into more trips to the Lake Lure area.
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New Rutherford visitors guide
The first updated Rutherford County visitors guide in five years is now available from the county Tourism Development Authority, and it includes the Forest City Owls baseball team, Bennett Classics Antique Car ...
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Hickory Nut Gorge Triathlon
Kelly Carew and Alan Kirkpatrick prepare for the Fourth Annual Hickory Nut Gorge Olympiad Triathlon at Rumbling Bald Resort at Lake Lure 9/06/08. Photos by Matt Rose Purchase this photo>> Use of this site ...
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Mudslide Fills Restaurant Ankle-Deep
A Lake Lure restaurant was left a muddy mess after the heavy rain Tuesday caused a mudslide.
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Lake Lure residents reassured on water quality
Residents downstream from the water treatment plant at Lake Lure continue to be concerned about water quality after water flow was reduced on Aug.
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Unplug your kids and explore unique mountain attractions
There's no need to travel far to vacation this summer. Families can plan their trip easily with a stop at VisitNC.com or by calling 1-800-VISIT NC.
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Crews battle Chimney Rock fire
Comments on Topix forums : Crews continued to fight a wildfire Sunday in Chimney Rock Park.
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Wildfire burning near Lake Lure
Josh Boatwright * jboatwright@citizen-times.com * published August 1, 2008 9:57 am LAKE LURE Fire crews in Rutherford County were still working Friday to contain a fire that started three days ago on a ...
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Chimney Rock fire burns 125 acres
A lightning strike Tuesday night has resulted in a 125-acre fire in the Chimney Rock area of Rutherford County.
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Prime Restaurant at the Historic Esmeralda Opens To Rave Reviews~
The Newest Restaurant in the Hickory Nut Gorge is now open! With Executive Chef Cardiff Creasey at the helm, Prime will become an instant classic. Executive Chef Cardiff Creasey brings a love of classic French and Spanish cuisines and couples it with pan-Latin and Asian influences to create a culinary sensation. Prime's menu, designed exclusively by Executive Chef Cardiff Creasey is designed around the vibrant local produce, fusing regional staples with new international techniques. Come visit and dine with them today! For further information see the link above for information of this great new experience in the Hickory Nut Gorge.You can also subscribe for free for monthly "happenings "in the Lake Lure, Chimney Rock, at Cave area of North Carolina. See also: hyyp::www.hickorynutgorgenews.com for all information about the Hickory Nut Gorge area of Western North Carolina
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Grey Rock Shutdown
Grey Rock Shutdown A major development has shut down in Rutherford County. And, the Florida developer blames a tough economy.
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Independence Day celebrations continue through the weekend
Independence Day celebrations continue through the weekend Check out fireworks at downtown Hot Springs at dark tonight.
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Developers of Grey Rock community sued over runoff
A residents' group is taking the developers of the Grey Rock community to court nearly three years to the day after the neighbors first noticed sediment in the creeks near their homes.
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Lawmakers May Allow 18-Wheelers on Smaller Roads
Some lawmakers in our state want to loosen the restrictions on truckers to try and improve economic growth.
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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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"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
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