All articles about United States Department of Agriculture

USDA has updated its Income Limits for Raleigh-Cary 2014!

The 2014 Income Limits for the very popular no money down USDA Single Family Guaranteed Loan Program were published on February 12, 2014.  The Guaranteed Underwriting System and the Income Eligibility calculator in the Eligibility website have been updated to use the new income limits. Continue reading USDA has updated its Income Limits for Raleigh-Cary 2014!

FAQ – How Will a Government Shut-down Delay My Mortgage Loan Application?

faqThere’s been a lot of rhetoric coming from both sides of the congressional aisles these days; from Democratic and Republican parties and even a few in between. But  recently the media has begun reporting government shutdown fallacies as facts. I’ve stayed out of this very heated political discussion for obvious reasons, but when a client recently sent me this article Shutdown impact: Tourists, homebuyers hit quickly from of all places the Associated Press, I just had to respond.

Answer(s)

Continue reading FAQ – How Will a Government Shut-down Delay My Mortgage Loan Application?

Heritage Wake Forest – No Money Down Loans

While many Realtors and Developers say about other communities Heritage actually backs that up with irrefutable data! Don’t take my word for it, just check out the Triangle Area Residential Real Estate Report which for May 2011 sales…Read More

$14 Billion in No Money Down Guaranteed Loans for Rural Homebuyers

Contents Related articles USDA RURAL DEVELOPMENT GUARANTEED RURAL HOUSING NEWS From the National Office in Washington DC June 15, 2011 … More $14 Billion in No Money Down Guaranteed Loans for Rural Homebuyers

$24 BILLION DOLLARS ALLOCATED FOR GUARANTEED LOANS!

The USDA is begging for people to borrow their money! The program will be undergoing significant changes in … More $24 BILLION DOLLARS ALLOCATED FOR GUARANTEED LOANS!

Insurance Claims: Nightmare’s await Homeowners

Your home has been damaged by a tornado, flood, a tree fell on it in the recent Hurricane. Or as in my case when Mrs. Cobos  left the water in the upstairs bathroom running and flooded the second floor causing water to seep through to the ceiling below.

Tree Falls on House and Destroys it - Storm Damage - Raleigh North Carolina 2011
Storm Damage from April 16th Tornado in Raleigh

You’ve settled your claim with your home owners insurance agent and you have an insurance settlement check but it’s made out to you and your mortgage company; Continue reading Insurance Claims: Nightmare’s await Homeowners

USDA Lending Tip; Eligible Homes Locator Map

According to the USDA Guaranteed Rural Housing Development Program and  under the Section 502 program, Housing must be modest … More USDA Lending Tip; Eligible Homes Locator Map