FHA announced that despite some skeptics in Congress, FHA will lower the FHA PMI Rates on January 26th. The new rates are going down by almost 1/2%. Because of this reduction, new home buyers will …
First Time Home Buyer Raleigh NC FAQs
We work with a TON of First Time Home Buyers. We've found that they ALL need the same basic information, to avoid costly mistakes. The first thing to know about the Real Estate Market in Raleigh is …
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FHA PMI Rates Going Lower in 2015?
FHA PMI Rates have gone up so many times since 2009 to cover losses - that we've lost count. The FHA PMI Rates are currently so high that it's cheaper (assuming you have good credit scores) to use a …
FHA Condo Approval Requirements
In love with a Condo? If you want to get a FHA Loan (which only requires a 3.5% down payment) then you better brush up on which Condominium Projects will be allowed for FHA Loans, and which ones …
How The FHA 203k Rehab Loan Works in NC
The 203k Rehab Loan is FHA's primary mortgage program for the rehabilitation and repair of most homes in NC. The FHA Rehab Loan borrower must occupy the home, so this is not a loan for investors. …
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FHA 203K Loans in NC
FHA 203K loans are perfect for those of us who fall in love with a great house that has this Gosh Awful Shag Carpet! This carpet would give you a headache! How can you buy the house if you don't …