USDA Rural Development Home Loans

Thinking about buying a home so you can get that Tax Credit? Don’t have a ton of CASH laying around??  Well, the first thing you should do is call Steve Thorne to see where properties are in your area that qualify for USDA Rural Development Home Loans!  Steve is a USDA Rural Housing [...]

Durham County USDA Financing Tips!

Part of Durham County, NC qualifies for USDA mortgages – and the qualifying guidelines have recently changed!
To see maps specific to where you can find a home that qualifies for this 100% financing in Durham, click here
The maximum income is calculated per family members living at home.  The current guidelines are:

1 person in household maximum [...]

100% Mortgage Loans in Chapel Hill?

I was very surprised by just how much of Orange County, NC qualifies for USDA Mortage Loans!  Pleasantly Surprised!
Granted, downtown Carrboro and Chapel Hill do not qualify – but MOST of the county does! To find out if your specific property qualifies, click here!

The parts in the “shaded” areas do not qualify for USDA loans, however, [...]

Maximum Income Requirements USDA in Wake County NC

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 [...]

Looking for a Home – When Do I Apply?

This is a question that was posted recently on Trulia Voices…
“Looking for a Home in the Triangle.  I think I’ll be ready to purchase in March of 2009.  When should I apply for a mortgage???”
People who are considering a move to the Triangle need to plan for their home purchase.  If you will be in [...]

North Carolina USDA Mortgage Loans

In NC, we have some big cities… but we get rural fast!  I can’t tell you how many people, dispite the cost of gas, who say, “I’m just lookin’ for some land!” or “I can’t stand those little ‘Barbie Doll’ houses sitting right next to each other!”
Well, if you’re looking to buy a rural home, we [...]