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New Hill, 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 New Hill, 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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New Hill, North Carolina News
Four Teens Charged with the Murder of Apex High School Student Web Editor Wake County Sheriff's deputies arrested four teenagers December 3 and charged them with murder after an Apex's teens body was discovered in the New Hill community.
Four charged in Wake County homicide Four people will be charged in connection with a body found overnight in the New Hill community, Wake County Sheriff Donnie Harrison said Wednesday afternoon.
Investigators On Scene Of Homicide In New Hill Wake County investigators are working a homicide on Olive Branch Lane in the New Hill subdivision, according to authorities.
Wake County Parks Announces December Activities Beginning Dec. 6, Wake County Parks will be hosting a variety of family-fun events ranging from sleigh rides to bird watching.
Missing turkey would be one valuable meal NEW HILL Someone may have had a very valuable Thanksgiving meal if they dined on Tom the turkey.
Thanksgiving Thieves Steal Pet Turkey A beloved pet turkey may have ended up on a thief's Thanksgiving table, a grief-stricken North Carolina family says.
Local Residents React to Obamaa s Victory Editor Apex resident Sarah Davis remembers very well the first time she attempted to vote in the early 1940s.
Construction begins on Chatham stretch of ATT Construction has begun on the 4.7-mile Chatham County section of the American Tobacco Trail , including the bridges over Panther and Northeast creeks.
Train Accident Drill in New Hill Will Prepare Emergency Crews An emergency training exercise will be held near the New Hope Valley Railway in New Hill on Saturday, November 22, 2008, from 10 a.m. to 4 p.m., to evaluate how local emergency agencies respond to a train ...
Church Bulletin, Oct. 22-29 Ebenezer United Methodist Church will hold a fish and shrimp supper from 4 till 8 p.m. Saturday, Nov.
Fires Help Train For Investigations Firefighters just stood by and watched a car go up in flames Wednesday, but it was all part of their training into fire investigations.
Helping out Check out more ways to help or post your own charity events or volunteer needs at share.triangle.com. Click on "Events, " then "Community" and look for charity and volunteers listings.
Nuclear Plant Back in Operation Editor Following a nearly 10-day long shutdown, the Shearon Harris Nuclear Plant in New Hill came back on line last Thursday.
No comments posted. July 25-Aug. 10 Arrests Anthony Lucarl McDuffie, 28, of Holly Springs was cited Aug.
Square One Online Resources Square One Some end users finally are moving applications from point-to-point hardwiring to their first digital industrial networks.
Harris Plant To Conduct Siren Test August 20 NEW HILL, N.C. The public alert notification sirens around the Harris Plant will be tested on Wednesday, Aug.
Kite Realty banks on growth in Wake A big land sale this week may lead to more homes and shops in Holly Springs. Kite Realty Group on Tuesday paid $5.8 million for 98 acres at N.C. 55 and New Hill Road.
Woman shared stories great and small through art, spoken word Anne Hill was by no means what you'd call a party girl, but she did love a good social gathering.
Our favorite greenways Not long ago, Triangleites were hard-pressed to answer that question. The reason: It was hard to find one. via News Observer
Tyson seeks 2nd term on appellate court "District Attorney Frank Parrish is a classmate of mine and keeps in touch." In the eight years Judge John M. Tyson has been a member of the N.C. Court of Appeals, the state's top court has rarely disagreed with his opinions. via Daily Advance

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"...I was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.