Just because you previously owned a home does not disqualify you from getting an FHA loan. However, depending on when you owned your first home will determine if you are eligible for the $8,000 first-time homebuyer tax credit. The definition of a first-time homebuyer is someone who has not owned an interest in a primary residence in the previous three years. If you owned the house in North Carolina within the past 3 years, unfortunately, you won't be eligible for the tax credit when you purchase your home in California.
Total Mortgage Services is an approved FHA lender. Check out our web site and give us a call. A licensed mortgage professional will help answer all of your financing questions and get you the lowest FHA rate available.
Best of luck!
Total Mortgage Services