Johnston County Homes , North Carolina, qualify for 100% financing through the USDA.
The entire county qualifies for the loan program through the USDA which allows home buyers to do 100% financing. Certain credit restrictions apply and there is an income limit depending on how many people will live in the home.
So if you think you would qualify, then now is the time to act as this loan program combined with the $8000 tax credit and historically low interest rates make this one of the best times to buy a home.
There are numerous subdivisions in Johnston County in every price range. Some of the towns like Clayton and Smithfield, the 40/42 community, offer subdivisions ranging from starter homes up to estate homes.
The window for the $8000 tax credit is rapidly closing as the loan must close by Nov 30 2009, that means that you must find the house you want, get all the inspections done, and get the loan approved and paid by the 30Th. There are new rules governing loans that might delay the process so not a good idea to leave this to the last minute
If you would like to speak with a mortgage professional about this or any other loan programs, give me a call or send an e-mail and I will be happy to provide you with that information.
The Johnston County Parade of Homes is currently under way so there are some great homes to check out, see the post I am doing on the Parade or if you need more info about homes let me know.