USDA Western Wake County

I We found this VERY cool map that shows exactly where you can purchase a home in Western Wake County using the 100% USDA program!  As you can see, if you are on the “left side” of Ten Ten, in Holly Springs, or Fuquay – or parts of Apex, you qualify for this 100% program! 

The “mortgage insurance” for USDA is considered a “funding fee” and is 2%.  So if you purchased this home that’s currently for sale at $136900 – you would have your P&I calculated on $139,638.  TODAY (and depending on when you’re reading all of this the house and the rates might be different) the P&I (principal and interest payment) for a 100%, no money down loan on this house, with no origination fee would be…

$860.00

Can you beleive that??  All the bad news on the airwaves, and you can buy this GREAT home at that price per month!  WOW!

If you need more information about qualifying for a USDA home loan, or buying a home in Western Wake County, please call Steve and Eleanor Thorne, Meridian Residential, 919-649-5058

About Eleanor

I see myself differently than most loan officers in the Cary/Raleigh market. As a rare Cary native, I see myself as an expert on the area, on mortgage industry changes & factors that effect rates! I've lived in Cary since 1968 - and I'm second generation "mortgage." I work with my husband, Steve Thorne Mortgage Loan Originator #60596 Equal Housing Lender More About Me

Comments

  1. Ashtyn says:

    Keep up the good work.

  2. Thanks Eleanor for such great information. I’ve bookmarked your page to send to clients. Your phone is going to be ringing off the hook once this news gets out! Raleigh Realtor

  3. You got a nice post on Western Wake County at NC FHA Expert. Really very nice to read and useful, thanks for the nice share….Chase Manhattan Bank Home Equity Loan

  4. I finally decided to give you a little feedback ! well you got it! i love your site !!! no , really, its good

  5. I never thought i will find this much information on Western Wake County at NC FHA Expert today. Nice post mate – keep up the good work.

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