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	<title>NC FHA Expert &#187; gift funds</title>
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	<description>Helping NC&#039;s Home Buyers!</description>
	<lastBuildDate>Mon, 21 May 2012 13:58:59 +0000</lastBuildDate>
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		<title>Using Grants and Gift Funds To Buy A House In NC</title>
		<link>http://ncfhaexpert.com/fha/using-grants-and-gift-funds-to-buy-a-house-in-nc/</link>
		<comments>http://ncfhaexpert.com/fha/using-grants-and-gift-funds-to-buy-a-house-in-nc/#comments</comments>
		<pubDate>Sun, 15 Apr 2012 14:20:46 +0000</pubDate>
		<dc:creator>Eleanor</dc:creator>
				<category><![CDATA[FHA Mortgage Loans]]></category>
		<category><![CDATA[First Time Home Buyer]]></category>
		<category><![CDATA[$8000 tax credit]]></category>
		<category><![CDATA[8000 downpayment assistance]]></category>
		<category><![CDATA[gift funds]]></category>
		<category><![CDATA[gift registry at wedding]]></category>
		<category><![CDATA[grant to buy a home]]></category>
		<category><![CDATA[money from parents to buy a home]]></category>
		<category><![CDATA[nc housing finance agency]]></category>
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		<description><![CDATA[Are you a First Time Homebuyer, dreaming of the day when you can sit among your boxes, in your new home? HUNDREDS of first time home buyers in Cary, Apex, Holly Springs are doing just that, and taking advantage of the now &#8220;famous&#8221; $8000 Downpayment Assistance program available through NC Housing Financing! These same people [...]]]></description>
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		<title>How to Buy Down A Mortgage Interest Rate</title>
		<link>http://ncfhaexpert.com/first-time-homebuyer/how-to-buy-down-a-mortgage/</link>
		<comments>http://ncfhaexpert.com/first-time-homebuyer/how-to-buy-down-a-mortgage/#comments</comments>
		<pubDate>Sat, 14 Apr 2012 16:19:23 +0000</pubDate>
		<dc:creator>Eleanor</dc:creator>
				<category><![CDATA[First Time Home Buyer]]></category>
		<category><![CDATA[Housing News]]></category>
		<category><![CDATA[2-1 buydown]]></category>
		<category><![CDATA[discount points]]></category>
		<category><![CDATA[fha mortgage guidelines]]></category>
		<category><![CDATA[first time homebuyers]]></category>
		<category><![CDATA[gift funds]]></category>
		<category><![CDATA[How to buy down a mortgage]]></category>
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		<description><![CDATA[With any mortgage program, you can pay discount points to have a lower &#8220;starting point&#8221; (interest rate) for your mortgage.  This process is called &#8220;Buying the Rate down&#8221; and is often referred to as a Permanent Buydown.  Although the formula varies, one discount point might buy the rate down 1/8 of 1 percent &#8211; two [...]]]></description>
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		<title>Using 401K Funds for Downpayment on FHA</title>
		<link>http://ncfhaexpert.com/fha/using-401k-funds-for-downpayment-on-fha/</link>
		<comments>http://ncfhaexpert.com/fha/using-401k-funds-for-downpayment-on-fha/#comments</comments>
		<pubDate>Sun, 30 Aug 2009 21:41:49 +0000</pubDate>
		<dc:creator>Eleanor</dc:creator>
				<category><![CDATA[FHA Mortgage Loans]]></category>
		<category><![CDATA[best mortgages rates]]></category>
		<category><![CDATA[borrowing from retirement funds]]></category>
		<category><![CDATA[fha downpayment]]></category>
		<category><![CDATA[fha home loans]]></category>
		<category><![CDATA[first time home buyer]]></category>
		<category><![CDATA[gift funds]]></category>

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		<description><![CDATA[With FHA financing, you can use 401K funds in the form of a loan or a withdrawal for required funds to close.  We also use them quite often to simply document reserves with no intent to withdraw the funds.  It can sometimes make a difference if your debt-to-income ratio is a little higher than the guidelines]]></description>
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