VA Loans Left Out

The Congress and the Fed and Secretary Paulson all worked miracles to get a stimulus package passed in record time… they forgot one little thing, VETERANS! Washington Report: VA Loans for Veterans Overlooked On Capitol Hill, it’s known as the biggest goof-up relating to housing in years: Working with the White House, Congress passed a [...]

FHA Might Be The Ticket!

There are pros and cons of FHA financing – but it just got better for those of us in the Triangle because our minimum loan limit is $295,000. An FHA loan is a loan insured against default by the Federal Housing Administration.  So, in the event the loan should ever go into default, the FHA [...]