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Little Switzerland, 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 Little Switzerland, 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
| Little Switzerland, North Carolina News |
Conservation Trust buys Blue Ridge Parkway land
Little Switzerland The Conservation Trust for North Carolina has purchased the 101-acre Jackson Knob Cove tract in McDowell County, on the Blue Ridge escarpment in the Catawba River Basin.
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A gold mine of a class
Student Gina Miller pans for gemstones at the Emerald Mine in Little Switzerland, N.C. during a Geology trip taken every year by Dr.
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Kid-friendly activities
The Friends of the Nature Center hosts Hey Day on Oct. 11. Activities include pony rides, face- and pumpkin-painting, cakewalks, children's crafts and a wild hay jump.
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Lots of family fun at area festivals this fall
The cooling weather puts a spring in your step and gives you an idea of how the little ones in your life feel just about all the time.
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N.C. spot has European flavor
Little Switzerland, just off the Blue Ridge Parkway near Marion, has an interesting history.
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Search is on for missing woman, kayakers
Mike McWilliams * MMcWilliams@CITIZEN-TIMES.com * updated August 27, 2008 6:36 am ASHEVILLE The search for a missing 28-year-old woman in the Pigeon River in Haywood County will resume at 9:00 a.m. Searchers ...
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The middle way
Milepost 216 marked the Virginia/North Carolina border. This portion of the ride is relatively flat, and for that reason, it was much appreciated.
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Magical mystery tour
We went to the mountains this weekend. I knew we were going to the mountains, presumably the North Carolina mountains, but more than that, I did not know. via GreeneSpace
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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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