Real estate blog entries tagged with usda home loans wake forest 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 "usda home loans wake forest"

usda home loans wake forest: New Charges For USDA Home Loans 5/2010 - 05/11/10 02:07 PM

The USDA Single Family Housing Mortgage guys just sent out notification that they will likely be out of the "2010" money on May 12, 2010. Assuming the Senate passes the House Bill (H.R. 5017) then USDA says in the memo it will continue to issue Commitments with the following language:
"subject to the availability of funds and Congressional Authority to charge a 3.5 percent guarantee fee for purchase loans and 2.25 percent guarantee fee for refinance loans."
What does all of this mean??? Well, it means that sometime tomorrow - even if your loan is approved and sitting in a stack … (2 comments)

usda home loans wake forest: USDA Home Loans in NC Are Affordable! - 03/01/10 04:21 PM

In North Carolina, we get RURAL in a hurry! I mean you can be in an area where you hear Roosters when you wake up, and only have to drive about 25 minutes to your job at the Research Triangle Park! One of the programs that folks in this area are interested in, because it IS available - is the USDA Home Loan that's been specifically designed for those who want to live in a more Rural Area... like Holly Springs, or Wake Forest!
To qualify for the mortgage loan, the home must be inside the "Foot Print" that the USDA Home … (6 comments)

usda home loans wake forest: 100% Loans In Wake Forest, NC - 09/23/08 10:22 AM

Are you looking for a home in the Wake Forest Area? Great NEWS! This map shows the property that is eligible for USDA 102% fianancing! The area that is NOT "peach" qualifies!
See that line where the railroad tracks go from "peach" to white. That's Roger's Road. This is a GREAT part of Wake County - property values are APPRECIATING here (unlike what you might hear about other parts of the country!), and values are continuing to go UP!
There are income restrictions for these loans, and they are intended for those who have not owned a property in the last … (6 comments)

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