The Federal Housing Administration has announced the FHA loan size limits for 2017 in all areas of each state. The most popular level is for single family residences. Most of the NC FHA loan size limits increased from $271,050 to $275,650. But there are seve... Read More
The Federal Housing Administration or FHA, announced the 2017 SC FHA loan size limits in all areas of each state. Most of the SC FHA loan size limits increased from $271,050 to $275,650. But there are some counties which have higher limits. So make sure tha... Read More
Check out this success story and it is a little known advantage for licensed Real Estate Agents. Actually a Realtor commission may be used as down payment for the purchase of their own home. Although normally lenders are required to prove down payment in t... Read More
There are so many misconceptions or fears that first time buyers have these days and one of our primary goals is to educate this section of the market so the dream of home ownership can be achieved. 7 Statistics and Solutions About First Time Homebuyers You Shoul... Read More
New FHA guidelines effective 9/14/15 Below are the FHA guideline changes effective for FHA case file numbers assigned on or after September 14, 2015. Below are the topics and the new guideline language which replaces the prior rules often because the prior rules were... Read More
Fairly often we receive questions about FHA heat source requirements. So recently we received one of the more popular questions from a real estate agent. “Does a wood burning stove meet the FHA heat source requirements?” Basically, can a buyer use... Read More
FHA Changes FHA recently changed a lot of their guidelines on 9/14/2015. So we will provide the game plan to navigate minor tweaks to big FHA changes. Below are answers to FHA FAQ’s Is a borrower eligible if they have a delinquent federal debt but have ... Read More
When should I refinance? Refinancing a mortgage when rates are low can save homeowners thousands to tens of thousands of dollars over the life of the loan term. Too often everyone hears “You shouldn’t refinance unless you can save 2% in rate” and ... Read More
15000 Down Payment Assistance (DPA) – Wow! Close to FREE Money! First time buyers in Cabarrus, Cumberland, Guilford, Johnston, or Mecklenburg Counties have a great opportunity. These buyers may be eligible for the 15000 down payment assistance program ($... Read More
UNCW continues to rack up the awards lately and is growing in popularity. The University of North Carolina at Wilmington was once again named one of the best Southeastern schools. The award was given by the Princeton Review. Other recent awards include: 2015-20... Read More
Check Out The Latest
- Understanding a VA Alive and Well Statement for Military POA ClosingsMay 22, 2017 - 11:55 am
Service members and military Veterans have a very affordable way to buy a home with a VA loan. This is a huge advantage for military buyers and feel free to check our expansive library of VA articles backing this up! But what if the active duty or Veteran borrower is not available for closing? Well, most military families are […]
- VA Home Loan Process for Active Service MembersMay 10, 2017 - 7:33 pm
Military buyers have a huge benefit when it comes to purchasing a home. Not only do service members have a no down payment option, but VA loans may be the best mortgage available. VA loans offer up to 100% financing with no monthly mortgage insurance. Thus, this feature keeps mortgage payments low. This is especially true […]
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