There are almost 1700 soldiers and their families that will be relocating to Fort Bragg (Fayetteville) North Carolina in the next several months. As they are relocating and looking for homes - I …
First Time Homebuyers – Rates Going Up
We talk to First Time Home Buyer's everyday that tell us, "We're Looking!" Well - here's my advice... HURRY UP!! Why would I say that? Higher Mortgage Rates especially impact First Time Home …
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How Foreclosure, Short Sales and Bankruptcy Affect Credit Scores
I just talked to a borrower, who moved to North Carolina for a job, and they needed to know how Foreclosure, Short Sales Bankruptcy Affect Mortgage Credit Scores in 2013. It's changed some - mostly …
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FHA – June is Biggest Month Ever! WOW!
FHA announced that in June, of 2013 they had a RECORD month! Nearly 89,000 of insured mortgages in June for new purchases. If you are a First Time Home Buyer considering a purchase in NC, learn …
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FHA PMI Charts 2014
FHA PMI Term > 15 Years Base Loan Amount LTV Effective Annual PMI UFPMI ≤$625,500 ≤ 95.00% April 1, 2013 1.30 % 1.75% ≤$625,500 > 95.00% April 1, 2013 1.35 …
Recent College Grad, Have a Job, Can I Get A House?
When my nephew was entering his Junior year in College I told my brother he HAD to add the kid to one of his credit cards. "WHY? He can't pay the bill, he doesn't have a job." Well, the reason I …
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