FHA Loan Limits in NC are set to adjust annually, and the 2023 FHA Loan Limits in NC were just announced last month. The important thing to remember when viewing these changes is that 5 times in …
What is a 2-1 Buydown Mortgage Loan?
Many lenders are shouting about "Fixed Rate Mortgages starting at 5.000%." Which is really a 2-1 buydown program. I've even gotten calls from Real Estate Agents asking how they are doing this! Some …
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FHA PMI Rates 2023
FHA PMI Rates 2023 are lower than they have been for many years. This is a great move, and is possible only because the FHA PMI fund is now in "positive" territory, and they did not have to request …
FHA Loans in Chapel Hill and Carrboro NC
Chapel Hill enjoys one of the highest income and educational family averages within the ”Triangle” region (The Research Triangle Park is a Tax Free Zone located between Durham, Chapel Hill and …
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Where are Mortgage Rates Headed in 2023
This morning one of my expectations for 2023 came to fruition, sooner than expected but as expected, Consume Price Index showed an increase in January instead of the declines we have seen over the …
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FHA Underwriting Guidelines for NC
We talk to people everyday who have questions about qualifying for a FHA Mortgage Loan in NC. FHA Underwriting Guidelines, are actually pretty straightforward. Unlike qualifying for a VA …
