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Wallace, 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 Wallace, 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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Wallace, North Carolina News
Pender commissioners spar over intimidation issue

Published: Monday, December 1, 2008 at 9:05 p.m. Last Modified: Monday, December 1, 2008 at 9:14 p.m. Burgaw A back-and-forth war of words between two Pender County commissioners finally fell silent Monday ...


Church Bulletin, Nov. 26-Dec. 3

Harvest Time will sing at 11 a.m. Sunday, Nov. 30, at the Clayton Church of God of Prophecy, 3059 Old U.S. 70, Clayton.


Duplin officials tell commission budget woes will affect county

Duplin County officials said Monday that financial problems are threatening education, public safety and even water quality in the county.


Fear, frights and fun

SCOTT WALLACE/Cherokee Scout Cheyenne Black and Megan Hicks , both seventh graders at Hiwassee Dam School, scream at the touch of their nearly invisible attackers, Hiwassee Dam senior Kareen Black and freshman ...


Robinson-Thomas

Published: Sunday, October 26, 2008 at 3:30 a.m. Last Modified: Saturday, October 25, 2008 at 1:15 p.m. Kelly Brooke Robinson and Bryan Christopher Thomas celebrated their marriage on Saturday, September 13, ...


Pender OKs Capital Improvement Plan

Published: Monday, October 20, 2008 at 10:33 p.m. Last Modified: Monday, October 20, 2008 at 10:34 p.m. Burgaw Pender County has grown, but its water and sewer system hasn't. In light of this lagging ...


Property revaluation raises questions in Duplin

Duplin County tax officials last week were questioned about how they determine the value of property.


Pic: Riverside Sand Tabs IROCK, Enters Recycling Market

Riverside Sand Co. Inc. has been selling mortar sand, fill dirt and topsoil for more than 25 years.


Chapel Hill to celebrate Festifall

The town will hold its 36th annual Festifall Street Fair from 1 to 6 p.m. Sunday on West Franklin Street.


Local News, Weather and Sports for Wilmington, NC and the Cape Fear Region

Submitted by WWAY on 1 October 2008 - 6:41pm. Fallen soldier has scholarship in his name A Wallace wrestler has organized an event in honor of his friend, a fallen soldier.


Three charges with stealing copper

Surveillance by Duplin County Sheriff's deputies at a warehouse recently resulted in two men and a woman being "caught red-handed in the act of stealing copper wiring" from the facility, according to Duplin ...


Townsend-Riley

Published: Sunday, September 28, 2008 at 3:30 a.m. Last Modified: Thursday, September 25, 2008 at 2:12 p.m. Amanda Rae Townsend and Jeremy Richard Riley were united in marriage on Saturday, September 20, 2008, ...


1933: Fallen tree helps five prisoners escape

Sept. 22, 1933: A sharp lookout was being kept for five prisoners who escaped near Burgaw when a large tree they were cutting down fell, screening them from a guard.


Public record

Goldsboro police accuse a Kinston woman of paying the entire purchase price for a Toyota Camry with a check on a closed account, Investigator Nelson Viera said.


80-Year-Old Pilot Survives Small Plane Crash In NC

Hey, read the rules! An 80-year-old pilot has been released from a hospital after crashing his small airplane in eastern North Carolina.


Small plane crash in Wallace

Emergency crews are responding to a small plane crashed in Wallace. According to authorities, the plane crashed just before 11:00 Tuesday morning.


High School games pushed to Monday

Due to a decision to close Duplin County Schools at noon today, tonight's football game between Clinton and Wallace-Rose Hill has been rescheduled for Monday at 7pm in Wallace.


Tornado reported in Duplin County

Sinister clouds move over The Cape Fear Memorial Bridge as a storm front moves through Wilmington on Wednesday, August 27, 2008.


Church Bulletin, Aug. 27-Sept. 3

The Browns of Wallace will sing at 6 p.m. Sunday, Aug. 31, at Smyrna Original Free Will Baptist Church on N.C. 96 south of the Meadow community.


Duplin Sheriff's Office seizes huge cocaine load

One of the largest, if not the largest amount of cocaine ever seized in Duplin County, six kilos with a street value of $600,000, was confiscated in the arrest of three suspects Sunday by Duplin County ...


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