Shay Campbell's Blog

Real Estate Mortgage Broker - Universal American Mortgage Company - NMLS 46083



The North Carolina Housing Financing has $8,000 for first time home-buyers in North Carolina. A big challenge for first time homebuyers is coming up with the required down payment. NCHFA has a program to help credit worthy borrowers with the down payment. NCHFA name for this program describes it...
Posted almost 3 years ago
The monthly cost of FHA mortgages increases today.  The reason is FHA is increasing its annual premium for mortgage insurance. FHA breaks their mortgage insurance down into two payments.  There is an upfront mortgage insurance premium of 1.00%.  FHA allows this UFMIP to be added to the loan amoun...
Posted almost 3 years ago

Shay Campbell

Raleigh, NC
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