All articles about Down payment

Expanded Income limits for $8,000 Down Payment Assistance for Raleigh / Wake County Home Buyers

North Carolina Housing Finance Agency Expands Down Payment Income Limits

RALEIGH, NC BREAKING NEWS!

North Carolina Housing Finance Agency (NCHFA) has just announced  expanded down payment assistance (“DAP”) to help home buyers!  NCHFA will now offer an $8,000 Down Payment Assistance Program to all eligible borrowers within their maximum FirstHome income limits. Continue reading Expanded Income limits for $8,000 Down Payment Assistance for Raleigh / Wake County Home Buyers

FEMA Declared Disaster Area – Loan Application in Process

Because of the plethora of natural disasters across the country it occurred to me that there may be a lot of Buyers and Sellers whose purchase or sale or mortgage refinance has been delayed for reasons they simply do not understand.

This post is intended to be an overview of what additional inspections and verification a homeowner or seller can expect in the mortgage application process for a home in a declared disaster area. Continue reading FEMA Declared Disaster Area – Loan Application in Process

Underwriting Tip – FHA Buyer Financed Closing Costs

FHA Buyer Financed Closing Costs Financing of Transaction Costs for Real Estate Owned Properties (REO) Purchased … More Underwriting Tip – FHA Buyer Financed Closing Costs