Benefits of USDA Home Loans in Johnston County and Wake County, NC

USDA Home Loans are not just for buying farms! In fact, we don’t really offer that kind of Rural Development loan!
We DO offer USDA Home Loans… 100%, No Money Down mortgage loans that are insured by the USDA program!
These loans have less insurance than FHA loans, so they are cheaper all the way around… but [...]

USDA Appraisal Requirement Change July 1, 2009

Beginning July 1, 2009 USDA is requiring the updated Freddie Mac/ Fannie Mae appraisal in their packages.  As with any change, there are some potential drawbacks.
USDA home loans are made in genearlly rural areas.  The new Freddie/Fannie appraisal is designed specifically to identify for the underwriter any recent changes (read DECLINING changes) identified in a particular [...]

Government Loan Update to Guidelines

And in the blink of an eye – while I was checking my Blackberry – there it was. More guideline changes!  Holy Cow Batman!
Many of that Nation’s Banks changed guidelines to show that FHA, VA and USDA minimum credit scores (some people call them FICO scores) are going to 620. What does this mean – since [...]

USDA More Than a Brand on Meat

USDA was once called Rural Economic Development – and prior to THAT it was called Farmer’s Home – but it’s all the same thing. The loan is designed for folks living in a more rural setting. There are TONS of places in North Carolina, and near metropolitan areas like Raleigh and Charlotte that qualify for this program.