Eleanor's RTP Blog

On March 26th, I woke up in a different body... literally.  I had a stroke, and there are some pretty important lessons I've learned in the past month, that could change your life too.   The  first thing I think everyone should know is that not all strokes leave you with the inability to talk, or...

We get questions quite often on this site, and we try to answer them as quickly as possible.  Some of them really need a “whole page” for us to answer, and this is one we’ve seen quite often.  Married Couples who want to buy a house, but… they want to buy but one has bad credit.  They want to bu...

The USDA Home Loan Program in NC adopted the HUD Handbook for Property Evaluations in 2009.  With that adoption of the FHA minimum Property standards – the USDA Appraisers no longer need to calculate the additional insulation requirements USDA Loans traditionally required. The USDA Loan Private R...

  Many of the New Home Communities popping up around North Carolina do not fall within the USDA RD Home Loan program footprint. This means that potential Home Buyers can not take advantage of the USDA Home Loan NC program that requires no down payment. The NC Affordable Housing Agency in Raleigh...

Washington NC is one of those places I’d always heard of, but never visited. In fact, my family always called it “Little Washington” and I literally thought that was the name until we went through there last weekend!  We started looking at homes in this area (because that’s what we do) and were p...

January 29, 2014 by Eleanor Thorne Mortgage rates have dipped again, and Government loan mortgage rates are now nearing the lowest levels we’ve seen –again! Lower interest rates mean folks are thinking about refinancing their homes.  Especially folks who didn’t have the ability to refinance it w...

January 27, 2014 by Eleanor Thorne Leave a Comment  The USDA Home Loan NC Program has been fixin’ to get ready to change the USDA Loan Eligibility Map in our state for two years.  The potential changes to the USDA Loan Eligibility Map for Burlington and Mebane NC have currently been delayed until...

FHA Home Loans in North Carolina are generally used by folks who are either new to the home buying market, or those who have unusual circumstances, requiring more “common sense” mortgage eligibility requirements.    Recently, FHA changed a long-standing eligibility requirement that dictates what ...

In North Carolina one of the best mortgage programs is the USDA Home Loan.  These mortgage loans are fairly easy to qualify for, and the minimum credit score requirements for USDA Loans in NC are somewhat flexible. Have you been told your credit scores are too low to buy a house?  Remember - cred...

We often talk to first time home buyers who want to know the minimum credit score requirements for a mortgage in North Carolina.  The answer, while not complicated, is not one where I can just spit out ONE number as a benchmark for all mortgage programs.  I can pretty easily say, however, that fr...