Serving Cherokee, Bryson City, Sylva, Dillsboro, Franklin,
Lake Fontana, Maggie Valley, Waynesville, Whittier, & surrounding areas of North Carolina
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*Home buyers can us funds pooled from family members and others
*A quallified co-borrower does not have to live in house being purchased, meaning parents can help their children buy their first home.
*Non-traditional credit sources can include rental expenses and utility payments.
*Qualifiying income can come from rent paid by boarders.
*100% financing packages
*Enhanced debt-to-income for public employees
NC Partnership Office
|Countrywide Home Loans
|NC Housing Finance Agency
|Dept of Housing and Urban Development
NC Office 336-547-4000
Search N. Jackson County MLS - Bryson City, Cherokee, Dillsboro, Fontana, Nantahala, Sylva, Whittier, Webster
Search Macon County MLS - Burningtown, Cowee, Cullasaga, Franklin, Holly Springs, Otto, Sanderstown, Watauga
Don't see the area you are interested in? Email us and we will send you a shortcut to the area you desire.
|On Jan. 1, the VA loan guaranty increased to $89,913 and the maximum
loan amount was raised to $359,650. The critical requirements for home
eligibility are an honorable discharge, an eligibility certificate and
the ability to make the loan payments. All VA loans have a funding fee.
For a borrower's first VA loan, the fee is 2 percent of the amount borrowed.
That 2 percent is reduced to 1.2 percent if the borrower contributes more
than a 10 percent down payment.
Some seniors and aging boomers still don't know that reservists are eligible for VA programs. After 50 years of offering home loans only to vets who served active duty, the VA changed its ways in 1992. Men and women who have completed six years in the Army, Navy, Air Force, Marine Corps or Coast Guard Reserves, or the Army National Guard or Air National Guard, are eligible for VA home loans, including home purchase programs with no down payment.
In addition, reservists who were called up to active duty after August
1990 and served 90 days continuously on active recall are eligible for
VA loans and other benefits. This provision was inserted to help the thousands
of men and women who were pressed into service during the wars in Afghanistan
ANY QUESTIONS? Email us at firstname.lastname@example.org
Or Call 1 828-508-6484
|The Buyer's Agency of North Carolina
Darion Davis, Broker
Licensed in NC
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