Newland, 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 Newland, 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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College News
BEREA, Ky. The Berea College board of trustees has voted to name one of its college centers after former college president Willis D. Weatherford.
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Dana Gall, a social worker for the Salvation Army, began her job on...
Dana Gall, a social worker for the Salvation Army, began her job on July 14. Little did she know how heavy of a burden she would bear.
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Food Bank of the Albemarle: More need, fewer donations
Four volunteers from Newland United Methodist Church Laura Jones, 15, Megan Hoffman, 16, Rachel Meads, 11, and April Williams, 13, help sort food items that have been donated to Food Bank of the Albemarle.
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EPA Recognizes Vanguard Homes' Concept Home
On November 25th, 2008 at 1:30pm the Environmental Protection Agency will recognize the Vanguard Homes' "Sensibly Green" Concept Home as the first home in the country to be WaterSense Labeled.
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Just in time for Thanksgiving .... a Christmas tree
Holiday scents were in the air Friday along Nash Street and Forest Hills Road as the Wilson Evening Optimist and Wilson Breakfast Optimist clubs opened their Christmas tree lots for the season.
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Local teachers turned on the light of Bright Ideas Thursday, earning...
Local teachers turned on the light of Bright Ideas Thursday, earning grants from Blue Ridge Electric Membership Cooperative.
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Scattered Snow in the Tri-Cities Region
UPDATE AT 8:02 a.m.: Storm Team 11 Weather Watcher Ruth Green reported very heavy snow and covered roads in the mountains of Unicoi County, Tennessee.
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Three were injured in a collision on N.C. 105 Friday afternoon near...
Three were injured in a collision on N.C. 105 Friday afternoon near the entrance to Shull's Mill Road.
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Bettye Newton Goff
Bettye Newton Goff, 80, of 1317 Carmen Lane, passed away peacefully at home in Gastonia, N.C., on October 28, 2008.
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Forecaster: snow in western NC was weeks early
Published: Wednesday, October 29, 2008 at 6:48 a.m. Last Modified: Wednesday, October 29, 2008 at 6:48 a.m. A forecaster says the snow that surprised western North Carolina came several weeks earlier than ...
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Sept. 26 a "Albert Wade Adams, 25, of 986 Shawneehaw Ave., Banner Elk,...
District Court Judge Bill Leavell presiding and Charlene Norris prosecuting on behalf of the state.
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Lawsuit filed over 2007 gay sex sting
Lambda Legal has filed suit against this eastern Tennessee city and Police Chief John Lowry on behalf of a man arrested in a September 2007 public sex sting.
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Vote Early! Make Sure Your Ballota s Counted
Jane Hodges, director of the Watauga County Board of Elections, urges all Watauga County voters to take advantage of early voting.
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A 53-year-old local business is giving way to rising business costs,...
A 53-year-old local business is giving way to rising business costs, a changing environment and Appalachian State University's expansion.
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One of Boone's sweetest festivals is returning for its 28th year.The...
One of Boone's sweetest festivals is returning for its 28th year. The Southern Appalachian Historical Association's Apple Festival is coming Oct.
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Avery CROP Hunger Walk Fundraiser September 28
Church World Services is a global organization that supports a wide range of projects relating to poverty, and the annual CROP Hunger Walk is its fundraising event that spans more than 2,000 communities ...
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Avery County Dedicates Three Civil War Trail Markers Saturday
Avery County celebrates its Civil War heritage on Saturday September 13, with the dedication of three Civil War trail markers, and invites residents and visitors to take a self-tour of the county's barn quilts ...
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Fire destroys home; tree falls on roof
Despite spotty power outages and minor flooding, overall damage from Tropical Storm Hanna was minimal throughout most of the Albemarle area, officials said.
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Avery County Agricultural and Horticultural Fair September 9 to 13
Back for its 16th season is the Avery County Agricultural and Horticultural Fair from Tuesday, September 9, through Saturday, September 13.
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Charter school has a home of its own
A charter school that began 10 years ago with fewer than 100 students in a small shopping center opened its own building Monday with more than 485 students.
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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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"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
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