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Mount Airy, 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 Mount Airy, 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

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Mount Airy, North Carolina News
Fugitive who assaulted deputy finally caught

Tom Joyce Staff Reporter STUART, Va. - A Surry County man who managed to elude authorities in two states for more than a month was taken into custody Wednesday in Ararat, authorities say.


Mount Airy City Schools cuts position

Mount Airy City Schools is pulling a student-resource officer from its middle-school campus to help make up for an estimated $65,000 hole in the school system's budget left by state education cuts.


Surry towns to host weekend parades

In a sure sign that Christmas is near, annual holiday parades are scheduled this weekend in Mount Airy, Dobson and Pilot Mountain.


NC Launching Aggressive Holiday Booze It & Lose It Campaign

North Carolina is stepping up efforts to keep drunken drivers off the state's roadways.


Prisons have been a lifesavera in other areas

Editor's Note: This is the first of a two-part series concerning efforts to locate a state prison in Surry County.


Holiday Tour of Homes

Atkins home features aniques, Christmas decor Eleanor Powell Lifestyle Editor Dean and Barbara Atkins live in a craftsman bungalow on the corner of Rawley Avenue and Willow Street.


City man nabbed after Thanksgiving Day assault

Mount Airy resident suspected in throat slashing attack Staff Report DOBSON - Authorities have arrested a Mount Airy man following an assault and what police are calling an attempted murder of a man in the ...


Chamber sells first Christmas ornament

Erin C. Perkins Staff Reporter Unique holiday gifts can be hard to find. That's why Greater Mount Airy Chamber of Commerce President Betty Ann Collins hopes the chamber's first collectible ornament titled ...


Owners open homes for tour

Editor's Note: Look for more detailed information on the individual homes on this year's Holiday Tour of Homes in the next few editions of The News.


Former principal placed on probation

A former elementary school principal in Mount Airy recently was put on probation after entering a no-contest plea in a molestation case.


Recreation facility eyed for West Lebanon Street

Tom Joyce Staff Reporter City government officials and local veterans are working to finalize a deal that could lead to new public recreation facilities being developed at Veterans Memorial Park on West Lebanon ...


Cherry St. home may sell

Tom Joyce Staff Reporter More than two months after a decision to have a state preservation organization sell a controversial house on Cherry Street, a potential buyer has been identified for the city-owned ...


Local Red Cross seeking help to help others

Wendy Byerly Wood Associate Editor With the cold weather moving in, one local American Red Cross official is concerned about the need to aid victims of fires and other disaster events.


Car chase, shooting of man baffles family: 70-year-old not known for erratic behavior

Nov. 21--MOUNT AIRY -- The last time anyone heard from Linzey Gray Bowman was a phone call he made to his wife from his mother's home late Monday night.


Sister: Shooting victim may have been kidnapped

Mondee Tilley Staff Reporter WINSTON-SALEM - A 70-year-old man who was shot in an early Tuesday morning altercation with police officials remains in the Intensive Care unit in critical condition in a ...


Local consumers applaud new food labels

Tom Joyce Staff Reporter The stickers are tiny in some cases, but they are telling consumers a lot about the foods they are putting into their grocery carts these days in terms of where those items originated.


Church to deliver Thanksgiving meals

Tom Joyce Staff Reporter A local church group is continuing a 15-year tradition of delivering Thanksgiving meals to the less-fortunate in Surry County, which aided 650 people in 2007.


Mount Airy seeks to avoid a sprawla

Tom Joyce Staff Reporter Mount Airy's recently updated "Vision Plan," a guide for the city's growth, calls for avoiding additional sprawl in the future and advocating greater population density within ...


Former Milkman accused in area restaurant theft

Tom Joyce Staff Reporter A Pilot Mountain resident has been arrested on felony violations involving the theft of money and checks from a Mount Airy restaurant in September while he was working as a milkman.


Youth Leadership Surry kicks off new year

Morgan Wall Staff Reporter Youth Leadership Surry will allow 30 of the top area high school students the opportunity to learn from local business and community leaders during the coming year while getting hands ...


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