Eagle Ridge Golf Course Homes For Sale – March Update

Eagle Ridge Golf Course Homes For Sale – Raleigh, NC 27603 March 2015 Real Estate Sales Update Eagle Ridge is a Prestigious Golf Course Community located just minutes from downtown Raleigh in the 27603. With the gently rolling hills and mature trees, residents call Eagle Ridge “The Best Kept Secret in Raleigh”. The golf course…

Streamlined FHA Refinance No Credit, Income or Appraisal Required!

Thanks to President Obama’s recent directive to HUD to reduce the PMI there are three million homeowners who can now refinance at today’s historic low interest rates without any credit, income, or appraisal requirements! The programs is designed to help North Carolina homeowners take advantage of a FHA Streamlined Refinance. According to HUD statistics, there are…

Conventional 3% Down Mortgages 27 FAQ’s

Frequently Asked Questions and Answers to the new Conventional 97% Mortgage. Is the Conventional 97 a government-backed mortgage program? Yes, the Conventional 97 mortgage program is backed by the government. It’s offered via Fannie Mae only. The program is not available via Freddie Mac, nor is it available via the Federal Housing Administration (FHA), Department…

What is a My Community Mortgage?

According to research of the foreclosures during the past 7 years, chief among the cited reasons were lack of down payment, undisclosed debt by the buyers, reduced credit requirements, and unstable income. In response to greater accountability to Washington lenders tightened there criteria…too tight by most industry experts. Thankfully, however lenders are beginning to see…

What is a Charge Off?

FAQ – What is a Charge Off? A charge-off is an accounting term used for when a creditor writes off or charges-off a debt that they are unable to collect on. Creditors typically charge-off a debt if there is no payment on the account for more than 180 days. A charge-off is an accounting procedure…