First Time Home Buyer Tips, Best Mortgage Rates
FHA announced that in June, of 2013 they had a RECORD month! Nearly 89,000 of insured mortgages in June for new purchases. If you are a First Time Home Buyer considering a purchase in NC, learn …
Continue Reading about FHA – June is Biggest Month Ever! WOW! →
FHA (and all government underwriting for that matter) is somewhat different from other, more automated systems of loan approval. On an FHA loan you can actually have a real person look at the loan …
Continue Reading about FHA Compensating Factors – FHA Flexability →
We've gotten tons of questions from folks about the possibility that FHA is going to change the date for their "really really really" low FHA Streamline Program - allowing folks with Endorsement dates …
Continue Reading about Is FHA Going to Change the Endorsement Date For Streamlines? →
If you are moving to North Carolina, and you are going to rent your current home, there are a couple of things you should know about qualifying for an FHA Mortgage Loan for your new house. If you …
Continue Reading about FHA Guidelines About Using Rental Income in NC →
David Stevens, the head of FHA answered questions last week about weather or not his agency would need a "Bailout" from taxpayers. FHA doesn''t make loans, but they insure them, and with so many …
FHA Continues to make changes to their PMI Rates. Because of the number of defaults – the monthly rates and the upfront rates for FHA Mortgage Insurance continues to change. We keep this information …
Stephen Thorne
Mortgage Loan Officer
NMLS 60596
Eleanor Thorne Mortgage
Loan Officer
NMLS 67179
Advantage Lending is an Equal Housing Lender. NMLS NMLS #5687 (NMLS Consumer Access), NC License L-161797 Certain limitations apply, call for details. Corporate Office 7521-101 Mourning Dove Road
Raleigh, NC 27615. Phone Number (919) 532-7300
