Real estate blog entries tagged with no down payment by Eleanor Thorne 919-649-5057 Cary Mortgage Loans (Steve Thorne NC Mortgage Experts)

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Home : Blogs : Eleanor Thorne 919-649-5057 Cary Mortgage Loans : Eleanor's RTP Blog : Tag "no down payment"

no down payment: My Customer Was Interviewed by the WSJ! - 12/16/08 08:11 AM

There's an article regarding the USDA program in today's Wall Street Journal. It's a POSITIVE program, with low default rates, no money down, and no mortgage insurance! Rates (as I write this) are below 5.5%...
and the USDA Mortgage Program is so popular, it's about to run out of money...
I've contacted my Senator to ask him to read the article, which highlights our customer Erick Moore (who has a beautiful wife and one of the smartest 3 year olds on the planet!)! Erick learned about the program from a post I wrote on AR.
I urge you to read the WSJ … (10 comments)

no down payment: USDA Home Loans in Holly Springs, NC - 11/11/08 04:29 PM

Here's a map from USDA showing where you can have a 100% loan, and where you can't use USDA financing. The shaded area in the top right portion of the map does NOT qualify... the rest of it definately does!
This is great news for folks who are looking for homes with NO PMI, and rates that are very close to FHA! The maximum income in Wake County for a single person is $60,250 and the maximum income for a family of four is $86,100.
These are fairly straightforward loans, they allow for gifts to cover closing costs, or the seller … (2 comments)

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Eleanor Thorne 919-649-5057 Cary Mortgage Loans

Cary, NC

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Address: 111 Corning Road, Suite 230, Cary, NC, 27518

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