What are Veterans Administration a.k.a. VA Loans

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VA loans have been offered since World War II for returning military and their family. Now, more than 70 years later, 22 million VA loans have been approved. This is one of the ways we show our gratitude to returning warriors and National Home Finance is proud to participate. The terms for VA loans are […]

Falling Interest Rates are a Boon for Buyers

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Mortgage Rates in North Carolina Still at Historic Lows in 2014 Mortgage rates in North Carolina and elsewhere throughout the country are still at historic lows, and in fact have fallen over the past two months. As I write this column, rates are between 4.23% APR – 5.07% APR in North Carolina, with 4.25% available […]

How to Buy Luxury Real Estate on a Shoestring Budget

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Cheap Homes for Sale in Florida and North Carolina With some clever maneuvering and a little insight, it is possible to buy luxury real estate on a shoestring budget. If you’re looking for cheap homes for sale in Florida (Miami, Jacksonville and elsewhere) or in the Wilmington, North Carolina area, you’re in luck. This article […]

Prevailing Mortgage Rates

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Current and Historical Mortgage Interest Rates Mortgage rates fluctuate often, but they are currently at a historic low compared to previous decades. The chart below, from Bank Rate, an independent comparison service, depicts “3 Month Mortgage Trends.” As of this writing, mortgage interest rates are hovering between 3 and 5 percent. 3 month mortgage trends […]

Wilmington NC Mortgages

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Home Mortgage Loans are not all the Same According to Investopedia.com, a mortgage is: “A debt instrument, secured by the collateral of specified real estate property, that the borrower is obliged to pay back with a predetermined set of payments.” Beyond that, mortgages or home loans differ widely. At National Home Finance, we are Wilmington […]

Get a Home Loan with Low or No Money Down

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How to get a Home Loan with little to no money down If a down payment is keeping you back from home-ownership, you should know there are a few ways to solve this problem and still accomplish your dreams. Various home loan programs for first-time buyers and any qualified buyer offer low or no money […]

What are USDA Loans

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USDA Loans The United States Department of Agriculture (USDA loans) offers rural development loan assistance, primarily for those with low income. These loans can offer 100% financing with no down payment. USDA offers both direct and guaranteed loans, as well as grant programs. Loans can be made directly or through USDA-approved lenders. You can use […]