USDA has long seen the benefit of a College Degree - and in fact USDA Home Loan Underwriters will use Higher Education as a "compensating factor" when a family is close on the debt ratios! Unlike FHA …
Detached Condo Requirements Fannie Mae Loans
FNMA has removed the requirement for a limited condo review for a detached condo project. Detached condos must meet general property/appraisal standards, insurance and priority lien requirements BUT …
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FHA Loans in Garner and Fuquay Varina NC
Many of the home buyers we talk to struggle with down payment, meaning coming up with 10 to 20% for a down payment just isnt happening. So what are the alternatives to a no down payment USDA Home …
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What Collections Must Be Paid To Get A Mortgage Loan
FHA Home Loans in North Carolina are generally used by folks who are either new to the home buying market, or those who have unusual circumstances, requiring more "common sense" mortgage eligibility …
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Income Qualifications FHA Mortgage Loans in NC
FHA Mortgage Loans are generally easier to qualify for than a more Conventional Home Loan from Fannie Mae or Freddie Mac. One reason for this is due to the fact that FHA Underwriters are able to look …
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Sales Concessions: Seller Paid Closing Costs
If you are buying your first home, you might be looking for ways to be able to pay for your dream! You have several options... you can use a mortgage program that does not require a downpayment, you …
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