The Veterans Administration sent out notice that they would allow income to be treated the same for Same Sex Marriages, as they are for Opposite Sex Marriages. This has been a long standing barrier to folks who want to buy a house in NC, using VA Loan Benefits – because often times the income of […]
USDA Home Loan Maximum Income Requirements in NC
Use this information to see if your family meets the USDA Loan requirements for maximum family income limits. The table below shows the current 2017 USDA Home Loan NC Income Limits for the state – and it is based upon the number of people who live in your household. In North Carolina we have portions […]
One Borrower Has Income One Borrower Has Good Credit Scores
When one borrower has income and the other borrower has good credit scores… there ARE options for purchasing a home. Look at the question we had yesterday: “We want to purchase a home, and I want to know if we can get it. My husband currently has a mid credit score of 538, and mine […]
USDA Loan Eligibility Maps Hickory NC
Hickory, North Carolina is a City with historic ties to craftsmen, and Mills. It’s located North of Charlotte, and West of Winston Salem. Hickory is undergoing a huge renovation, as vacant and under used buildings are being “re-purposed” using City and Federal Grants for improvements. No wonder so many families we are talking to want […]
Top Five NC Cities for First Time Home Buyers
We work each month with dozens of first time home buyers in North Carolina who find their dream home outside of a metropolitan city. Why is that? Because some of the NC First Time Buyer programs are only available in more Rural NC areas, so the suburbs are ideal. Not all programs require you to […]
2017 FHA Loan Limits in NC
FHA Loan Limits in NC are set to adjust annually, and the 2017 FHA Loan Limits in NC were just announced last week. The important thing to remember when viewing these changes is that 5 times in recent years, FHA announced lower maximum loan limits for areas like Charlotte and Raleigh – this is the […]
Land Value versus Home Value
With all of the “deals” we are hearing about these days, I guess it’s not surprising that people are finding homes with large tracts of land associated with them. In general, the ratio of “land value” versus “home value” needs to be less than 30%. This goes for FHA loans, VA loans – Conventional loans, […]
USDA Home Loans Near Raleigh NC
In the Triangle, we are lucky to have such a large area that qualifies for USDA financing on mortgage loans! This program offers a 100% loan for home buyers who qualify with properties located in the more “rural” parts of the area! Does that mean it’s just for a FARM? Oh NO! This is for […]
Recent College Graduates – Tips For Buying A Home
NC First Time Home Buyers, especially those who are recent college grads, need to know how to get credit built up so that they can buy a home – they also want to know what options they have for purchasing a home, especially while rates are so very low. I wrote Recent College Graduates – […]
Benefits of USDA Home Loans in Johnston County and Wake County, NC
USDA Home Loans are not just for buying farms! In fact, we don’t really offer that kind of Rural Development loan! We DO offer USDA Home Loans… 100%, No Money Down Home Loans that are insured and Underwritten by USDA! At this point in time, USDA Home Loans in Johnston County are available in every […]
