USDA Home Loan Maps Wake Forest and Rolesville NC

It can be difficult to tell exactly WHERE you can purchase a home that qualifies for USDA Home Loan Financing.  These are 100%, no money down loans, with very low Monthly USDA PMI (which makes them cheaper on a monthly basis than FHA, and you CAN make a downpayment if you want to), and in most of the cases we see… the SELLER is paying the Closing … [Read more...]

Johnston County Qualifies for USDA Home Loans

In many NC Counties, you have to check theUSDA website to make certain that the property you want to purchase is located within the USDA “footprint.”  But if you are buying in Johnston County (prior to October 1, 2013)- you’re safe!  The WHOLE COUNTY qualifies for USDA Zero No Money Down Home Loans. That’s right, Johnston County Qualifies for USDA … [Read more...]

USDA Map Changes in Wilmington, Ogden and Leland NC

The USDA Map Changes in Wilmington, Ogden and Leland NC are pretty significant.  We knew that many neighborhoods would lose the ability to offer the USDA Home Loan program when the maps change in October of 2013 – but we just didn’t know how big the change was going to be, until we were able to actually see the USDA Eligibility Map changes earlier … [Read more...]

Zero Down USDA Loans In Wake Forest, NC

Are you looking for a home in the Wake Forest Area?  Great NEWS!  This map shows the property that is eligible for Zero Down USDA Loans!  The area that is NOT “peach” qualifies! See that line where the railroad tracks go from “peach” to white.  That’s Roger’s Road.  This is a GREAT part of Wake County – property values are APPRECIATING … [Read more...]

View USDA Map Changes For NC Due 10-1-13

The USDA Home Loan Program is one of the best programs at the moment for home buyers in NC. It has extremely low costs (especially when you compare it to the FHA PMI rates), and the USDA Home Loan has very low closing costs. The program requires that you purchase a home located within the USDA Home Loan “footprint.” In NC that “footprint” is … [Read more...]

USDA & First Time Home Buyer Program Kinston NC

USDA Home Loans in Kinston, NC 28504 do not have a maximum loan amount – however, the property must be located within the USDA “Eligibility” area.  Here are maps of the Lenoir County area, remember that the “faint pink” parts on the map do NOT qualify for USDA Loans.  All of the OTHER areas, however, DO qualify for the USDA RD Loan … [Read more...]

USDA Loan Maps for New Bern NC

USDA Home Loans in New Bern, NC 28561 do not have a maximum loan amount – however, the property must be located within the USDA “Eligibility” area.  Here are maps of the Craven County area, remember that the “faint pink” parts on the map do NOT qualify for USDA Loans.  All of the OTHER areas, however, DO qualify for the USDA RD Loan … [Read more...]

To Get Higher Score – Keep Credit Cards Open- But Don’t Use Them?

Transunion started using a different "Black Box" model in January, and now Experian and Equifax are making technical adjustments too.Although they will not allow us to know the exact formula for calculating the score - we know SOME of the changes! Some of the changes are Collections that start under $100 will not have an impact on your … [Read more...]

What Can Be Done To Improve My Score??

Potential Homebuyers ask us everyday, "How can I improve my credit score???" There's not a simple answer, because every credit history (and score attached to that history) is like a snowflake. There are some concepts that are important to understand about Credit Scores and improving that score. Late Payments Showing on Report: If your … [Read more...]

New Definition of Rural in NC By USDA

The House of Representatives are considering a bill that will “renew” the Farm Bill. Unlike the Senate bill to fund the USDA – the House version does NOT tackle the question of USDA Home Loans and the new “definition” of Rural. That’s unfortunate. The Real Estate “Housing” recovery is not in high gear – and this program change could cause further … [Read more...]