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 [...]

What Exactly Are Closing Cost?

The Federal Reserve Board refers to them as “Settlement Fees.” They are, in fact the fees you pay to the various agencies and service providers who work to get the title of the home transferred into your name.

USDA Rural Development Loans and Liquid Assets

There’s just one little catch – you can not have more than 20% of the home’s purchase price left over after closing in liquid assets. This means that if you purchased a $100,000 house, you can not have more than $20,000 left over after closing.

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 [...]

USDA No Money Down Mortgage

We’ve helped many customers buy homes with an old program offered through the USDA… not farms… HOMES.
The Rurual Economic Development Fund is what it use to be called, now it’s just a part of the USDA, and the goal is to provide mortgages, and incentives for folks to purchase homes in less “densly” populated areas!
So, [...]

100% Mortgages in Wake County??

We’ve had TONS of calls this week from folks wanting to know if we still have money to lend for homes in the Triangle!  YES!  We even have 100% loans available.
Unless you are a veteran – in which case you qualify for a VA loan – most folks looking for 100% financing are choosing USDA.
We’ve [...]

Saving for a Home

If you do not qualify for a USDA Home Loan in NC, there are other options!  Are you a Veteran?  Those loans are 100% loans too!
NO?  Well, don’t worry!  FHA allows you to purchase and get a GIFT from your family and friends!  That’s right!  You could get a gift for the downpayment, and have [...]

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 [...]

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