Somerset Investors Corp. Mortgage Refinance, Reverse Mortage, Home Loan
  Reverse Mortgage Divorce Buyouts Debt Consolidation Home Improvement Purchase Refinance
Search Somerset:
Print this page    E-mail this page

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 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.

Local FHA Loan directory for NC :
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Union Grove Union Mills

Return to our fha loans page

Bad Credit? click here.

Call for COMPLETE details NOW!

(800) 675-9783

North Carolina News
McCain to campaign in Wilmington

Republican presidential candidate John McCain has scheduled a campaign stop in Wilmington, his first North Carolina visit with voters since May.


Citigroup Walks Away From Wachovia, Handing Buyout Victory to Wells Fargo

Citigroup Inc. walked away from its attempt to buy Wachovia Corp. , handing victory to Wells Fargo & Co.


Attorney: Marine fighting extradition from Mexico

The attorney for a Marine accused of killing a pregnant colleague says his client is fighting extradition to the United States.


NC community college students to cook for peers

When about 3,000 people gather in Raleigh for a biennial conference of North Carolina community colleges, they'll get a taste of their own food.


Gaining Shear Optimism

A guard stands watch as Darryl Simpson lathers a tattooed neck and drags a straight razor over the dark Chinese characters, practicing the perfect shave.


Financial woes boost Democrats in Congress races

The financial turmoil that has devastated the stock market is also battering Republicans in congressional races, giving Democrats a chance to topple GOP incumbents once considered safe and wrest seats in pivotal districts and states.

Voters' deepening anxiety about the economy following the enactment of a $700 billion financial industry bailout has created the conditions, just over three weeks from the Nov. 4 election, for an anti-Republican tide that could hand Democrats insurmountable majorities on both sides of the Capitol, according to lawmakers and strategists in both parties.


Voter Registration Boom Favors Obama

The surge in new voters that helped propel Barack Obama to his party's presidential nomination is carrying over to the general election _ 9 million newly registered voters who are overwhelmingly Democratic and ...


Billy Graham hospitalized in NC after fall at home

There's word that Billy Graham has been hospitalized after taking a minor fall. A hospital spokeswoman says Graham tripped over one of his dogs at his North Carolina home.


This Weekend, Scuppernong Riverfest - Columbia NC
October 11, 2008 17th Annual Scuppernong River Festival The Scuppernong River Festival celebrates our Youth and Education, the Key to a Greater Tomorrow. Come join the locals for a full day of celebration and fun, followed by evening fireworks. The day starts with the parade at 10:00 AM. Vendors, food, all day entertainment at numerous locations. And, after the fireworks, dance the night away at our street dance with Billy Scott and the Party Prophets.
American heartland suffers from Wall Street's woes

While all eyes Thursday were on Wall Street's plunge, its cause is being felt across America as the snowballing financial crisis sends an already weak economy into an accelerating decline.


McCain needs shift in public opinion

It was a late night for John McCain's campaign - a post-debate repast of karaoke until the wee hours of the rain-soaked morning.


Report Says N.C. Mental Hospital Dysfunctional

A health consultants' report says a North Carolina mental hospital where a patient died and others were beaten had leadership problems and was dysfunctional.


Elections officials deny illegally purging voters

A newspaper report Thursday said tens of thousands of eligible voters have been removed from rolls or blocked from registering in at least six swing states, but election officials quickly lined up to defend ...


Parking Lot Politics Going Too Far?

Parking lot politics in central North Carolina have some people crying foul. A lot owner put up "no parking" signs targeting Barack Obama supporters.


President Declares Major Disaster for North Carolina

The head of the U.S. Department of Homeland Security's Federal Emergency Management Agency has declared a major disaster exists in the State of North Carolina and ordered federal aid to supplement state and ...


Changing state IDs wona t change reality

The new vertical driver's license for North Carolinians younger than 21 years old is sure to help store clerks and bartenders checking identification for people purchasing alcohol.


Pledges to take high road fall short

When the Tennessee Republican Party issued a press release in February titled "Anti-Semites for Obama" - with references to "Barack Hussein Obama" and a picture of the senator in a traditional Somali outfit ...


Statea s politicial landscape is unsettled

As we head into the final weeks of the 2008 election cycle, it's amazing to step back and look at how much the political landscape of North Carolina has changed during the last year.


NC's largest city freezes hiring, expenses

North Carolina's largest city is preparing for an economic decline by putting a freeze on hiring and other expenses.


2 -- not 3 -- NC guv candidates debate again

Pat McCrory and Mike Munger are heading back to a television studio for another debate while Beverly Perdue stays away.


Save time with our easy online mortgage application.
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
 
"I prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.
© 2006 Somerset Investors Corp. All rights reserved.
home | about us | Mortgage Blog | contact us | privacy policy | state licensing | search | links | link to us | site map
mortgage calculators | refinance | purchase | fha | reverse mortgage | divorce buyout | debt consolidation
Eqaul Housing Lender Member of the Better Business Bureau (BBB) Member of the National Reverse Mortgage Lenders Association (NRMLA)