closing costs: Can Closing Costs be added to a Home Loan - 08/14/18 12:52 PM
We work with many people who are qualified for a mortgage some where else (Rocket Mortgage for instance) but call us because they need help with the down payment or closing costs.  In most cases these days, Sellers are not willing to take a contract that requests closing cost be paid by them.  Because Sellers are able to get “top dollar” for their homes in NC (especially those homes under $400,000) the concern is whether or not the home will appraise.  Many of the folks who call us and ask:  Can Closing Costs Be Added To A Home Loan?
 
Why Would Closing Costs … (4 comments)

closing costs: Flood Plain Properties and USDA Home Loans - 07/31/18 08:41 AM
In North Carolina, we don’t have a ton of properties that are sitting in a high risk of flood, but there are some properties in almost every county, with a particular concentration in the Eastern part of the State.  In some cases, the whole lot is not in the flood plain, only a portion of the lot (maybe a back corner) is in the flood prone area.  If that is the case, with the home you are interested in purchasing, you might be required to carry flood insurance.  Flood Plain Properties and USDA Home Loans are not normally a problem, but … (2 comments)

closing costs: First Time Homebuyers - Don't Just Check On The Rate! - 09/14/09 09:30 AM

There are tons of first time homebuyers out there negotiating the best deal on their new home, and now it's time to get a mortgage.
Most of them only know how to ask one question:  What's the Rate?
We've been in the mortgage business for over 20 years - and the only thing most people know to ask is - "What's the Rate?" 
While that's a great question, it's kinda' like going into a shoe store and asking if they have any shoes in a size 9.  Just shopping the rate is not necessarily going to get you the best … (27 comments)

 
Eleanor Thorne, Advantage Lending  919-649-5058 (Equity Resources)

Eleanor Thorne

Advantage Lending 919-649-5058

Cary, NC

More about me…

Equity Resources

Address: 201 Shannon Oaks Circle, Suite 204, Cary, NC, 27511

Office: (919) 649-5058

Mobile: (919) 649-5057



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