New London, 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 London, 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
| New London, North Carolina News |
Transition Team Keeps Watchful Eye Over Iraqi Population
Their mission is to train, mentor and advise Iraqi security forces on Anbar's border, but the Marines of Border Transition Team 4222 don't forget to provide help to western Anbar's civilian population.
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Stories abound in the lobby
There are several literary fans, I'd wager, who may consider veteran Tar Heel storyteller Fred T. Morgan's latest book an early Christmas present to themselves.
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Young Voices
EDITOR'S NOTE: Young Voices is an e-mail forum for students college age and younger.
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Charges pending against truck driver in fatal Friday wreck
Charges are pending against the driver of a dump truck involved in an accident Friday in which a local teacher died.
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Man's Sex Crimes Span 3-Year Period, Authorities Say
The culmination of a four-month investigation between Alamance Sheriff's Department deputies and Burlington police detectives resulted in rape charges against a New London, N.C., man.
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Sheriff: Man Charged With Multiple Sex Crimes Involving A Child
The Sheriff's Office has arrested a New London man following four month's of investigation.
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Carson-Newman: C-N Women's Golf Makes Debut This Weekend in Pfeiffer Invitational
The Carson-Newman women's golf team will make wil tee off for the first time in school history this weekend as the Lady Eagles travel to the Pfeiffer Lady Falcon Invitational at the Old North State Golf Club, ...
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Is enough being done to tackle teen pregnancy?
Q. Is teen pregnancy a problem? Are parents, teens and schools doing enough to tackle the issue? Is the attention on Sarah Palin's pregnant, unwed teen daughter appropriate? Symphopnie Richardson, 14, North ...
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Judge rejects no-jail plea agreement for 65-year-old sex offender
A Superior Court judge on Wednesday rejected a plea agreement that would have allowed a New London man to avoid jail time for taking sexual liberties with his granddaughter.
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Three charged with violating bondsman licensing laws
Published: Thursday, August 21, 2008 at 4:13 p.m. Last Modified: Thursday, August 21, 2008 at 4:13 p.m. A Randolph County bail bondsman and two female family members have been charged with violating laws ...
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Man charged with assaulting granddaughter may get off with misdemeanors
A Rowan County couple say they moved from Stanly County partly because their daughter was sexually assaulted there 11/2 years ago - by her grandfather.
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We travel with the Charlotte Observer 07.31.08
This is part of our "Wild Crete" group, studying the wildflowers, herbs, and medicinal plants of Crete, May 2-13, 2008.
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River Rats will host fireworks display
Fireworks decorate the sky over High Rock Lake at the Boat Dock Marina in Southmont on July 4, 2007, during the River Rats' 10th Annual Fireworks Show.
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VIDEO: Downtown wreck backs-up mid-day traffic
Traffic came to a crawl Friday at noon on Innes Street as motorists detoured around a 2 vehicle collision.
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Pilot Light: Moore County Part of 'No' Vote Trend
Of 23 counties with optional tax measures on the May ballot, only two passed them.
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USS North Carolina officially joins fleet
"The flexibility is designed into the ship" Master Chief Barry Swofford joined the Navy in the 1980s, volunteered for the "silent service" and got down to work stalking Soviet submarines. via HendersonvilleNews.com
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Creative Arts Festival winners announced
Winners have been announced in the W.G. "Bill" Hefner VA Medical Center's 2008 Creative Arts Festival held in March. via Salisbury Post
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Denton church holding fundraiser to help pay member's medical bills
"Every time I think about it, I just start bawling." Denton -area resident Kathy Harrison has had more than her share of health problems. via The Dispatch
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FSU Wins First ACC Championship
Contributed by Del Milligan - Posted: April 21, 2008 3:27:33 PM Florida State won its first men's ACC Championship by three shots over Duke on Sunday at Old North State Club in New London, N.C. North Carolina ... via The Ledger
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Clemson sits in fourth
With a team total of 284, Clemson ranks in fourth place after the first round of the ACC Men's Golf Tournament at The Old North State Club in New London, N.C., on Friday. via GreenvilleOnline.com
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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 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.
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