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 $275,650. But there are some counties which have higher limits. So make sure tha... Read More
Check out this success story and it is a little known advantage for licensed Real Estate Agents. Actually a Realtor commission may be used as down payment for the purchase of their own home. Although normally lenders are required to prove down payment in t... Read More
New FHA guidelines effective 9/14/15 Below are the FHA guideline changes effective for FHA case file numbers assigned on or after September 14, 2015. Below are the topics and the new guideline language which replaces the prior rules often because the prior rules were... Read More
Fairly often we receive questions about FHA heat source requirements. So recently we received one of the more popular questions from a real estate agent. “Does a wood burning stove meet the FHA heat source requirements?” Basically, can a buyer use... Read More
FHA Changes FHA recently changed a lot of their guidelines on 9/14/2015. So we will provide the game plan to navigate minor tweaks to big FHA changes. Below are answers to FHA FAQ’s Is a borrower eligible if they have a delinquent federal debt but have ... Read More
15000 Down Payment Assistance (DPA) – Wow! Close to FREE Money! First time buyers in Cabarrus, Cumberland, Guilford, Johnston, or Mecklenburg Counties have a great opportunity. These buyers may be eligible for the 15000 down payment assistance program ($... 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
Low down payment options for today’s buyers is a popular concern among other areas. In this series, we are providing tips to avoid the Most Common Roadblocks to Home Ownership. So far in previous weeks, we have discussed how to solve Limited or bad credit ... Read More
Rent Tips to Buy a First Home In this series, we are providing tips to avoid the Most Common Roadblocks to Home Ownership. So far we have discussed how to solve limited or bad credit, no down payment, and not having a budget. Therefore, lets discuss overcoming ... Read More
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- 2018 FHA Loan Limits Increases Homeownership Opportunities for BuyersDecember 8, 2017 - 11:37 am
After the recent announcement of the conforming loan limits increase, FHA has now announced their own increase. Housing prices have continued to climb which is a good thing to owners, but can be a struggle for home buyers. As a buyer sits on the sidelines as a renter or living with family, prices are rising. […]
- 6 Reasons to Get Your Certificate of Eligibility Before BuyingDecember 8, 2017 - 6:30 am
In order to get a VA loan, it is important to make sure that the Veteran is first eligible for VA. Often, we are able to get the VA Certificate of Eligibility for the Veteran within a couple minutes online. But, there are times that this information is not available online. Therefore a Veteran has a […]
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