Newport, 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 Newport, 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
| Newport, North Carolina News |
biz WATCH
The Carteret County Chamber of Commerce recently helped Bridal by the Sea celebrate their grand opening at 263 Howard Blvd., Newport, on Nov.
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Area Happenings
13 with tour of Beaufort Historic Site and local inns decorated for holiday season.
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Veterans drive is award winning
A couple times a month, Jim Rowlette of Newport rises before dawn and jumps in a van bound for the Veterans Affairs Medical Center in Durham.
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Gas prices plummet in time for holiday travel
Gasoline prices continued dropping last week, down about $2 in the past 60 days, and offering some relief for those making Thanksgiving travel plans.
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Snow flurries falling in area
Snow flurries began falling in the Havelock area this afternoon, a rare site in November.
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Dad In Jail, Kids In Hospital
Hey, read the rules! A dad in the East is accused of beating his own young children.
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N. Carolina Coast?
I am going to the North Carolina Coast... Morehead City, Newport, New Bern, Atlantic Beach, Emerald Isle... that area.
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Authorities searching for suspect in robberies
Authorities in three counties are searching for a man they say is involved in multiple stick-ups in Carteret, Craven and Onslow counties.
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Havelock camp gone but not forgotten
The forest has largely swallowed up Camp Patterson. Once located in a small triangle of woods near the entrance to the MacDonald Downs development in Havelock, the camp was operated by the Civilian Conservation ...
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Voter Turnout in Eastern Carolina
Hey, read the rules! Here in Eastern Carolina election officials say traffic is steady, despite the rain.
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Weather Advisory for Eastern Carolina
Hey, read the rules! There is a wind advisory in effect until 10 am est Wednesday... the National Weather Service in Newport/Morehead City has issued a wind advisory...which is in effect until 10 A.M. Est ...
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It's OK walking down memory lane alone
I'm forever saying how different times were when I grew up. I know most folks think the same of their formative years, even those relatively young.
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Drug Arrests For Cocaine and Pot
Hey, read the rules! Thousands of dollars of drugs are off the streets after two drug arrests.
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3 arrested, 1 sought in connection to Morehead City armed robbery
Three arrests have been made in connection with an armed robbery that occurred earlier this week at a Morehead City mobile home park.
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Bettie Bell
Party affiliation: A registered Republican, but on the ballot as an unaffiliated candidate.
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Holt Faircloth
Leadership experience: Carteret General Hospital Board of Directors 2005-2006; Carteret Community College Board of Trustees 1997-2004; Carteret County Board of Equalization and Review ; Carteret County ...
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Chili lovers brave rain at festival
Hundreds of people found out Saturday that it is possible to hold an umbrella and eat chili without spilling it on their shirts.
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Shelvin family gets Habitat home
Crystal Coast Habitat for Humanity dedicated its 72nd home on Tuesday, this one located at 1530 N.C. 101 near Havelock.
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Bert Arley Burtscher
Bert Arley Burtscher, 58, of Newport, died Friday, Oct. 10, 2008, at Carteret General Hospital in Morehead City.
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Early voting turnout strong in Carteret County
College freshman Travis Morton of Peletier took advantage of fall break Thursday to vote early in an election that he's particularly excited about.
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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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