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Vaughan, 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 Vaughan, 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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Vaughan, North Carolina News
Pharmacy student earns white coat

The University of North Carolina School of Pharmacy held its white coat ceremony March 30. via Kinston Free Press


Warren, No. 4 Tar Heels Blank Boston College, 6-0

Junior right-hander Adam Warren tossed seven innings of three-hit ball, and fourth-ranked North Carolina broke open a scoreless game with four runs in the sixth to claim a 6-0 win over Boston College Saturday ... via Tar Heel Times


Tenn. playwright, local pastor take leap of faith in production

"We wanted to do something about marriage, something kind of humorous"

Playwright Warren Sager has sold scripts for Christian plays throughout the country, but for the first time this weekend, his performance is part of the package. via The Daily Reflector


Builders now selling earth-friendly homes

"We're always trying to stay ahead of the curve of what we see as the up and coming thing"

Developer builds 'green' subdivision CHARLOTTE, N.C. -- A developer selling several 3,500-square-foot homes in the Plaza-Midwood neighborhood said he's offering "luxury without guilt." Landon Massey said he ... via WCNC-TV Charlotte


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