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Nags Head, 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 Nags Head, 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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Nags Head, North Carolina News
Police hunting for credit card thieves

Outer Banks police are searching for two suspects they believe used stolen credit cards at various stores in the area, including an Elizabeth City gas station.


Blackbeard to be remembered

Clam Jam Chowder Cook-Off queen crowned Sam and Omie's Restaurant of Nags Head took first place in the cook-off, the Peoples Choice Award went to Poor Richards Sandwich Shop in Manteo, and second place was ...


Public N.C. facilities cut back on spending but not services

Despite uncomfortable belt-tightening at state-run sites on the Outer Banks, the public will, for now, be spared cuts in services and programs.


Fishing on the Outer Banks

Pier anglers caught a few fish along the Dare coast Friday, but action was slow Saturday morning because of the weather.


Writer in step with cancer survivors

Cross-country trip generates $21,000 2008-11-15 20:41:45.0 HERTFORD - Eric M. Latham believes ordinary Americans hold the key to solving the country's most extraordinary problems.


Mary the manatee's fate unknown

A wayward manatee that stirred up Manteo for the past month hasn't been seen in several days.


Nor' easter sweeps across Outer Banks

Officials say school for children in Dare County was canceled Wednesday because six to eight inches of water covered areas of Highway 12 early in the morning.


Nights of Rodanthe House Revisited

A second visit to the famous house in the movie. It's time for another visit to the house starring in the film, "Nights in Rodanthe." Millions of people have been entranced by the beautiful, rustic Inn, rising ...


Resort Realty chosen to sell The Landings at Sugar Creek

Academy students to participate in celebration Wanchese Christian Academy students created flags for Elizabeth II's 25th anniversary.


Weekend find: a treasure map

OK. So we didn't exactly accomplish everything on our day-off list, but I think we did pretty well on Friday for two people intent on loafing.


Nags Head pier project gets commissioners' OK

North Carolina Aquariums moved a step closer toward rebuilding Jennette's Pier when Nags Head commissioners unanimously granted site plan approval last week for the $15 million project.


Stormy weather coming across North carolina

A storm system crossing central and eastern North Carolina will bring rains, the threat of which have caused several high schools to cancel football games.


Capt. George's Seafood drops an anchor in Kill Devil Hills

Captain George's, a familiar name in Hampton Roads, is building a 400-seat, buffet-style restaurant slated to open in early spring in Kill Devil Hills.


Storm sends one house into ocean, damages others in N.C.

Steve Earley The Virginian-Pilot A house falls into the ocean in Rodanthe on Hatteras Island, N.C., on Monday.


Nags Heads, board buy site to build convention center

The Dare County Tourism Board and the town of Nags Head plan to purchase a 7.7-acre parcel where the now-closed Windmill Point restaurant sits, with the hope of using the land to build a convention center.


County ignores stigma in addiction fight

Every year hundreds of thousands of visitors are drawn to the beaches and scenic beauty of Dare County, N.C., but for too many of its residents, life is anything but paradise.


Girl with local ties lands in movie

Thanks to a cameo in the Warner Bros. movie "Nights In Rodanthe," 19-year-old Ocracoke Island musician Katy Mitchell has decided to take her talents out West.


Exposed sandbags could cause regulatory problems

Published: Wednesday, October 8, 2008 at 5:49 p.m. Last Modified: Wednesday, October 8, 2008 at 5:56 p.m. Kure Beach Tropical Storm Hanna and the no-name storm that followed two weeks later did more than eat ...


Owner plans to raze historic Nags Head cottage

The historic Winslow cottage is slated for demolition after its owner was denied approval for renovations by the State Historic Preservation Office.


Community Foundation awards third-quarter grants

Clean sweep The Outer Banks Chapter of the Surfrider Foundation cleaned up tons of trash from Coquina Beach to Southern Shores to help make the annual The Big Sweep a big success.


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