Posts By Ken Updegrave
Location
North Carolina
Phone: 919-865-9879
Posts
So why would you consider USDA instead of VA?
HUD Secretary Shaun Donovan today announced a temporary policy change that will expand access to FHA mortgage insurance for Homebuyer’s in Raleigh, Fuquay Varina, Holly Springs, Apex and Lillington. It will allow quicker resale of newly acquired distressed properties. FHA currently prohibits insuring a mortgage on a home owned by the seller for less than [...]
Ken Updegrave is Mortgage Loan Officer with Gateway Bank Mortgage in the Raleigh Lake Boone office. We serve the Triangle and Fayetteville areas of North Carolina, specializing in FHA First Time Home Buyers, USDA Zero Down Loans, VA Home Buyers, FHA Streamline Refis & VA IRRRL. We can provide FHA Down Payment Assistance through North Carolina [...]
HUD released revided North Carolina FHA Loan Limit today. For 2009, FHA loan limits will now be the higher of 2008 limits or new 2009 limits released in late December.
Just a quick update on the 2009 FHA Limits, with a table of the NC changes attached below. The base FHA loan limit will remain at $271,050 for 2009.
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