FHA Qualifying Requirements
July 31, 2009 by Eleanor
Filed under FHA Mortgage Loans, First Time Home Buyer
Many of the folks we are talking with right now want to purchase a home using the FHA Mortgage Loan program – and then taking the $8000 Tax Credit (you can get that back NOW, like in 12 weeks, by amending THIS YEAR’s TAX RETURN!) to “pay yourself back” for the downpayment! Here are qualifying requirements [...]
Maximum Income Requirements USDA in Wake County NC
January 25, 2009 by Eleanor
Filed under USDA Home Loans
The Raleigh / Cary markets are considered an MSA (Major Suburban Area??) by the Government. So, in Wake County that’s how you will find the maximum income limits specified for Wake County. These numbers changed at the beginning of the year, and the new income limits (which are based upon the number of people in [...]