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Home Buying in Robersonville : Real Estate Advice

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Tue Mar 25, 2014
Hi Samantha,

I did a search here on Trulia and here is what it came up with:,NC/map_v/

The search results are in the map format instead of the list so you can see which properties are outside the city limits.

The good news is the entire area is eligible for the no money down USDA mortgage.

One of the best things about this mortgage is the monthly mortgage insurance is substantially less than an FHA or conventional mortgage and that's with no money down.

Here's an example: An FHA mortgage of $155,000 is going to have a monthly mortgage insurance payment of $174.37 but on a USDA mortgage it's only going to add $51.66 to your monthly payment.

The other nice thing is you can actually roll your closing costs into the loan as long as the appraised value supports it.

Check out my recommendations here on Trulia from some of my past clients by clicking the following link.

Call me and I'll go over your options.

John Burke
Senior Mortgage Banker
Great Plains National Bank
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Sat May 22, 2010
Manu Kapoor answered:
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