(336) 254-6473
facebook twitter linked in youtube rss email

First Time Home Buyers Category

USDA Financing Changes Impacting Greensboro NC Buyers

One of the sweetest loan programs available to home buyers in the Greensboro area has been the USDA product which offers up to 100% financing for qualified buyers.  This loan is subject to certain geographic restrictions which have been determined by what the USDA terms rural agricultural districts. Changes have been anticipated for some time and recently, the USDA announced that barring Congressional action, they will begin using 2010 Census data to determine eligible rural areas for Rural Development housing programs...Continue Reading!

North Carolina Program Offers Down Payment Assistance To Home Buyers

I love being the bearer of good news!  There is just something special about sharing information with a home buyer than can make a difference in their ability to buy a home or continue to have to rent. The North Carolina Housing Finance Agency announced changes to an already super program that offers assistance to home buyers in the state of NC of up to 3% of the loan amount.  This down payment assistance program comes in the form of a no...Continue Reading!

Help For First Time Home Buyers

Buying your first home is a scary proposition for many in North Carolina.  Concerns over credit qualifications and lack of a down payment have kept many Greensboro renters from pulling the trigger and buying their own home. North Carolina has a unique program that offers low-interest mortgages and down payment assistance to first time home buyers by selling tax-exempt Mortgage Revenue Bonds and issuing Mortgage Credit Certificates (MCC) under federal authority. As with any program, there are minimum qualifications which include: You are a...Continue Reading!

Loan Programs for First Time Home Buyers

Are you a first time home buyer in the Greensboro NC area?  Are you ready to stop throwing money away on rent each month?  Think you need a sizeable down payment or just can’t afford a mortgage?  Well…THINK AGAIN! Most North Carolinians are not aware that a program exists in our state through the North Carolina Housing Finance Agency that assists first time home buyers with down payment assistance and counseling to help new owners develop the solid financial habits that...Continue Reading!