If you are a First Time Home Buyer, the government recently initiated a program that could help you! First Time Home Buyers have many loan program options. If you, or your spouse, are a Veteran …
Are You A Waitress? Wanna Buy a House!?
I just wrote about a waitress in Garner, NC who was able to purchase a home, with a new roof, new windows, carpet, and HVAC system! It cost her less than $3000 - and her total monthly payments are …
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Fix Up A Foreclosed Property – $100 Downpayment?
I wrote recently (click here) that we could not do $100 downpayment with the 203k loan program... well, now I have a lender who claims he can do it. HUD has long had a program that encourages folks …
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FHA Downpayment Alternatives
Unless the next Congress makes a major change, Downpayment Assistance Programs are a thing of the past. We have been looking for Alternatives, and found this program that started in May of 2006 by …
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 …
Calculating Downpayment on FHA
For many years we calculated FHA down payment by way of Acquisition Cost. Now... that's "out the window." With the new "revisions" we calculated a "straight" 3.5% as reflected in the Mortgagee …