Here's the USDA Home Loan Map Change update we just received from the NC USDA RD Office. It confirms that while nobody really knows the final outcome of the map change, the pressure to have loans …
The NEW NCHFA Program Begins March 1, 2013
This is the LAST WEEK to register a loan with NC Housing (also known as NCHFA) that has credit scores between 600 and 620. Effective this weekend, minimum credit scores for first time home buyer …
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First Time Homebuyer Making an Offer Tips
We've been working with a First Time Home Buyer who has been looking for a house for 7 months. She's seen MANY houses - and she's made 5 offers that have not been accepted... which is really …
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Best Mortgage Rates February 2013
Are you looking for the Best Mortgage Rates in Raleigh? Well, it looks like rates are going to stay in a pretty tight range. We have seen some upward pressure - and you may have noticed that the 10 …
Panel Tells Congress FHA Should be 5% Downpayment
Last fall FHA reported to Congress that they had a loss on their books, mostly from the loans made between 2005 and 2009. This is not surprising, and to create a situation where they would not need to …
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USDA Home Loan Income Limits Change in NC for 2013
It's February 7th - and the USDA Single Family Origination Division just notified all that the 2013 Income Limits for the Single Family Guaranteed Loan Program have changed. As we look at the …
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