FHA Lending in the State of North Carolina

FHA mortgage loans are an excellent source of financing in the State of North Carolina. FHA loans are a government insured loan that tends to be a little more lenient credit-wise than traditional Fannie Mae financing. With purchase money financing with just 2.25% down and cash-out refinancing up to 95% of the value of your home, FHA mortgage financing may be your best bet. Contact your mortgage professional at or via e-mail at .

FHA allows for financing just 2 years after the discharge of a Chapter 7 Bankruptcy, provided you have re-established good credit. You may refinance out of a Current Chapter 13 Bankruptcy payment plan provided you have the trustee's permission, a timely mortgage history, and a timely payment history on your bankruptcy. You must have had the payment plan for at least 1 year.

If you own a mobile home on a permanent foundation in the State of North Carolina you may be eligible for FHA Financing. You must own the land as well and the mobile home must been constructed after June 15, 1976. FHA financing allows for singlewide, doublewide, and triplewide financing.

The FHA maximum loan amount varies by County. In North Carolina, the FHA loan limits range from $200,160 to $237,500. The only exception is Currituck County, which has an FHA Loan Limit of $313,500.