Homeownership Education
Francine Explains
Real questions. Clear answers about buying, selling, financing, and owning a home.
What Credit Score Do I Need to Buy a House in North Carolina?
There is no single credit score that guarantees mortgage approval. The right answer depends on the loan program, your complete financial profile, the property, automated underwriting, and any lender overlays.
Read MoreFHA vs USDA Loan in North Carolina: Which One Fits Better?
FHA and USDA can both work well for North Carolina buyers, but they solve different problems. USDA depends heavily on property location and household eligibility, while FHA is available more broadly and has different down-payment and mortgage-insurance rules.
Read MoreCan a Previously Moved Manufactured Home Be Financed in North Carolina?
Sometimes financing options may exist, but a manufactured home that was moved after its initial installation can become ineligible for major government-backed programs. The original installation history should be verified before a buyer spends heavily on due diligence.
Read MoreHow Does a Car Payment Affect How Much House I Can Qualify For?
A car payment can reduce mortgage buying power because it is normally included in your monthly debt obligations. The impact depends on the payment amount, income, other debts, loan program, and underwriting findings.
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5 Things to Know Before You Apply for a Mortgage
A smarter start to your homeownership journey. Here are 5 things I wish every buyer knew before filling out a mortgage application.
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20% Down? Not Always: The Down Payment Myth That Keeps Buyers Waiting
You do NOT always need 20% down to buy a home. Here's what you actually need to know about down payments and total cash to close.
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Before You Close, Don't Do This: Financial Mistakes That Can Cost Your Approval
One purchase can change your mortgage approval. Here are the financial moves to avoid before closing day.
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Pre-Approved ≠ Clear to Close: The Steps Between Pre-Approval and Closing Day
A pre-approval is a strong start, but there are still steps before closing day. Here's what buyers need to keep doing after pre-approval.
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Approved for $300K? That Doesn't Mean You Need to Spend $300K
Your approval tells you what you may qualify for. Your comfort level tells you what you should shop for. Here's why that distinction matters.
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Large Deposits Can Create Big Questions During Underwriting
It's not that the lender thinks the money isn't yours — it's that they need to document where it came from. Here's what to know.
Read MoreThe Western North Carolina Homebuyer's Guide
By Francine Mira — NC REALTOR® & Mortgage Loan Originator
- Loan programs: USDA, FHA, VA, Conventional & ITIN
- North Carolina due diligence process explained
- Inspections: septic, well, radon & more
- Special Spanish-language chapter for Hispanic families
- FAQ & plain-language glossary