fha loan limits: FHA Loans in Garner and Fuquay Varina NC
- 08/25/18 09:18 AM
Western Wake County, especially the areas closest to Fayetteville, are growing like wildfire. Not surprising, you can benefit from a home that’s located in “small town USA” with award winning schools! Fuquay Varina and Garner are two cities that have benefited from this unique location. Unfortunately, the program that has been used the most by first time home buyers wanting to buy a home in that area is going to see some pretty major changes later this fall. So what are the alternatives to USDA Home Loan Program? If you are not a Veteran, qualifying for a VA Loan – then … (1 comments)
fha loan limits: How to Buy a Quadraplex with FHA Loan
- 01/03/18 04:06 PM
If you are a young entrepreneur, you might love the idea of owning a four unit, quadraplex and living in one side. If you are going to live in one unit, FHA allows you to rent the other 3 units, and make a minimum down payment. The loan amounts vary per county in NC, but it is possible to buy a Quadraplex with FHA Loan financing. READ: You might be able to do this with as little as 3.5% down payment!
How to Buy a Quadraplex with FHA Loan Financing There are some restrictions, meaning not all of the rents collected will be … (1 comments)
fha loan limits: FHA Loan Limits Change in NC 2/24/2009
- 02/26/09 12:36 AM
FHA increased the loan limits in 2008, and then lowered them January 1, 2009 and THEN raised them back UP on February 24, 2009! WOW! So, if you are considering a purchase in NC, you might want to check out the NEW FHA Loan Limit for the County you are interested in! Wake County/ Johnston County Limit $295,000 Durham County/Orange County Limit $334,650 New Hanover County/ Brunswick County / Pender County $303,750 Onslow County $306,250 Guilford County /Forsyth County $271,050 Mecklenburg County/Union County/ Cabarrus County $303,750 Iredell County $271,050 Buncombe County $303,750 FHA loans do not have a limit on the amount of income your … (6 comments)
Western Wake County, especially the areas closest to Fayetteville, are growing like wildfire. Not surprising, you can benefit from a home that’s located in “small town USA” with award winning schools! Fuquay Varina and Garner are two cities that have benefited from this unique location. Unfortunately, the program that has been used the most by first time home buyers wanting to buy a home in that area is going to see some pretty major changes later this fall. So what are the alternatives to USDA Home Loan Program? If you are not a Veteran, qualifying for a VA Loan – then … (1 comments)
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