Foxborough Crossing in Wendell Qualifies For USDA Home Loans

halle kitchenGreat News!  Foxborough Crossing, the new home neighborhood in Wendell from Halle Building Group, qualifies for USDA Home Loan financing, AND it qualifies for NC Housing Finance Agency funds!  Why is this important?  The USDA Home Loan program is quickly becoming the most popular mortgage program in the country because it does not require a down payment, and easy underwriting requirements!

USDA Home Loan Program Basics:

  • Maximum Income limits for new home buyers at Foxborough Crossing with a Family from 1 to 4 is $91,850.  Families with 5 or more in the household have a limit of $121,250.
  • Minimum Credit Score is 620 – meaning at least 2 of your 3 scores must be at 620 or above.
  • Must have at least 36 months since a Bankruptcy or Foreclosure, and no new Judgement accounts in the last 12 months
  • No Downpayment is Requried! Additionally, the initial guarantee fee can be included in the loan amount, and does not have to be paid at closing.
  • Low, fixed rate mortgage rates

USDA Home Loan requirements are not nearly as strict as other programs, and the Underwriters are allowed to consider “Compensating Factors.”  It’s an ideal program for buying a new home in Wendell at Foxborough Crossing! [Read more...]

Ford’s Colony in Rocky Mount renamed to Belmont Lake Preserve

Belmont Preserve Golf Course and LakeThe Halle Companies recently announced the purchase of Ford’s Colony in Rocky Mount, NC.  Plans for improving the 1200 acre golf course community are underway, and today – The Halle Companies, and Halle Building Group are pleased to announce that Ford’s Colony in Rocky Mount will be renamed to Belmont Lake Preserve.

Additionally, Halle Building Company will soon begin construction on the beautiful new 25,000 square foot Club House for Belmont Lake Preserve.  The Club House and Entertainment areas will include an Indoor Swimming Pool, an Outdoor Swimming Pool, Fitness Facility, full Catering and Dining facilities and Tennis Courts.

Belmont Lake Preserve’s 18 hole Championship Golf Course and the over 2000 homesites are a beautiful addition to Eastern North Carolina.  The property is conveniently located just minutes off of I-95, and also includes an 80 acre private lake.  As construction continues, sales and marketing will be handled by Gaye Burrell Orr, President, Coldwell Banker Advantage New Homes, LLC.  You can contact Gaye at 919-460-6880 with any questions, or more information about this exciting new community.

Foxborough Crossing in Wendell

new homes in wendellHalle Building Group is pleased to announce that they are now building in Foxborough Crossing, a new home neighborhood in Wendell, NC. The property was recently purchased through The Halle Companies, and encompasses 73 homesites adjacent to Wendell Town Park.

Located across from Wendell Golf and Country Club, prices for these homes will start in the 180′s. Halle Building Group will be using ingeniously designed homeplans by Mascord design. The advantage to the home owner is that there are literally hundreds of floor plans to choose from!  You can choose your plan now!  Because of our unique partnership with Mascord Design, you can go to  www.houseplans.co – and choose the one that’s best for your family!

Fulton Floorplan at Foxborough Crossing is currently under construction!

Seville Floorplan at Foxborough Crossing is currently under construction!

Model homes are currently being built, and should be finished early this summer. You can view a completed model home at The Villages of Apex!   [Read more...]

Ford’s Colony of Rocky Mount

golfer hitting ballHalle Building Group, Mike Howington and Warren Halle are excited about the new projects they are working on.  Below please see the press release from one of their recent announcements, a new Golf Course Community located in Rocky Mount, North Carolina!

FOR IMMEDIATE RELEASE

Fords Colony Sold to New Developer

(Rocky Mount, NC) – 12-30-2011

By Rex Osborne Coldwell Banker Advantage Realty

The Halle Companies have announced the purchase of Ford’s Colony of Rocky Mount.

The Halle Companies located in Silver Spring, Maryland, and developer of The Villages of Apex in Apex, NC, is pleased to announce the purchase of assets formerly owned by Realtec of Williamsburg Va. [Read more...]