Tag Archives: Charlotte Home loans

FHA Mortgage with No Mortgage Insurance Premium?

Here is a new loophole for Charlotte home buyers: You can potentially get an FHA loan with No Mortgage Insurance. The FHA Mortgage program is typically for lower down payments or people with lower credit scores.  Many First Time Home Buyers in Charlotte will choose an FHA loan because of a down payment as low [...]

Should you pay Points on your next mortgage?

Paying Points, or an Origination Fee is something that some Charlotte Home Buyers choose to do, and it is something some Charlotte area Mortgage Lenders require. At Fairway Independent Mortgage, we show our customers both options and let them decide. In general, if you pay a Point on a Mortgage Loan, you will have higher [...]

Mortgage Interest Rates for First Time Home Buyers

A Charlotte First Time Home Buyer is going to wonder about mortgage interest rates. How do I get the best interest rate on my mortgage? How come different lenders have different interest rates? Why do interest rates change? The Charlotte Mortgage lender you choose to work with makes a difference in the interest rate you [...]

2 Great Reasons to Move Up now

Charlotte Homeowners that are feeling crowded should look into moving up now. There are two great reasons for a home owner in Charlotte to sell their starter home and move up to their next home now. 1. Interest Rates are still remarkably low. Mortgage Rates in Charlotte will not stay this low for much longer. [...]

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If you happened to miss the article yesterday from The Mecklenburg Times, Charlotte-area home sales and prices are on the rise from 2011.  The article was based upon the report from the Charlotte Regional Realtor Association and it sheds new light on Charlotte’s continued progress and growth. Here are some of the statistics that they [...]

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