Real estate blog entries tagged with rural homes wake co 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 "rural homes wake co"

rural homes wake co: Qualifying for USDA Home Loans in North Carolina - 09/09/08 03:01 PM

I wish I had a nickle for everytime I'd heard somebody tell me, "I'm just lookin' for some land." They don't really mean they want a horse farm (necessarily) but they do want some room to stretch out!
Well - good news! USDA has a 100% program for those looking for a home in a rural setting. It does NOT need to be a farm - in fact if it's an income producing farm, I'll probably have to refer you to someone who knows a lot more about Commercial loans than I do... no a USDA loan is for folks who … (24 comments)

rural homes wake co: USDA - The OTHER 100% Loan - 03/31/08 05:02 PM

USDA loans are great for people in Wake County! This 100% loan has some exciting differences to FHA and VA loans.
USDA loans can be used for Manufactured Housing! Since more than 35% of all housing in North Carolina is manufactured housing, this is a BIG PLUS!
USDA loans have Minimum Credit Requirements and will allow borrowers to use non-traditional credit!
The only "tricky" things to consider about USDA loans is that they have some "quirky" requirements. In order to qualify for a USDA the property must be in a qualified area, the borrowers must meet the maximum income limits for … (13 comments)

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