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Mortgage Loans in Burlington, NC

No matter what your situation is, there is a home financing solution for you. We are ready to guide you through your options and get you the best mortgage possible for your unique scenario!

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Mortgage Home Loan

How the process works

1

Documentation

There are a few critical documents we will need to verify to start your process.  Learn More
2

Appraisal

The appraisal insures the home you are buying is worth the price that is being offered. Learn More
3

Initial Underwriting

The Underwriter will verify that all information is accurate and authentic. Learn More
4

Conditional Approval

Conditional Approval is granted when the Underwriter approves the loan under certain conditions. Learn More
5

Clear To Close

The Underwriter verifies that all documentation has been provided and all conditions have been met. Learn More
6

Closing

Signing the final documentation and receiving the keys to your new home! Learn More

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All about Burlington, NC

Burlington is a city in Alamance and Guilford counties in the U.S. state of North Carolina. It is the principal city of the Burlington, North Carolina Metropolitan Statistical Area, which encompasses all of Alamance County, in which most of the city is located, and is a part of the Greensboro-Winston-Salem-High Point CSA. The population was 50,042 at the 2010 census, which makes Burlington the 17th largest city in North Carolina. The Metropolitan Statistical Area population was over 150,000 in 2010.

Source: https://en.wikipedia.org/wiki/Burlington,_North_Carolina

History of Burlington, NC

Alamance County was created when Orange County was partitioned in 1849. Early settlers included several groups of Quakers, many of which remain active in the Snow Camp area, German farmers, and Scots-Irish immigrants.

The need for the North Carolina Railroad in the 1850s to locate the land where they could build, repair, and do maintenance on its track was the genesis of Burlington, North Carolina. The company selected a piece of land slightly west of present-day Graham. On January 29, 1856, the last spikes were driven into the final tie of the North Carolina Railroad project, uniting the cities of Goldsboro and Charlotte by rail. The next day, the first locomotive passed along the new route. When the iron horse arrived in Alamance County, locals referred to it as “the eighth wonder of the world”.

Not long after this historic opening, the railroad realized a pressing need for repair shops. With Alamance County’s position along the new line, it became the logical choice for the shops’ location. After several debates concerning where the shops would be located, Gen. Benjamin Trollinger, a progressive Alamance County manufacturer, made an offer that settled the matter. Gen. Trollinger owned land just northwest of Graham, and he convinced several other prominent citizens owning adjacent lots to join him and sell their property to the railroad. 57 buildings were constructed between 1855 and 1859, including structures for engine and machine shops, carpentry, blacksmithing, houses for workers and railway officials, and company headquarters. For a brief period, railroad directors changed the name of Company Shops to Vance (1863-1864), but the town returned to the “Company Shops” moniker in July 1864, officially incorporating as Company Shops in 1866. Thirty-nine white men and two free African-Americans were employed in or around the shops, with twenty enslaved individuals constrained to assist. The sale of town lots soon started, but not surprisingly, the sale of lots was slow until after the Civil War. By 1864, Company Shops numbered about 300 persons.

Source: https://en.wikipedia.org/wiki/Burlington,_North_Carolina

Geography and Demographics of Burlington, NC

Burlington is located at 36°5′23″N 79°26′44″W (36.089636, -79.445578).

Located in the Piedmont region of North Carolina, Burlington is characterized as having mostly flat land with a few rolling hills.

According to the United States Census Bureau, the city has a total area of 25.4 square miles (65.7 km2), of which 25.2 square miles (65.2 km2) is land and 0.19 square miles (0.5 km2), or 0.82%, is water.

2020 census

As of the 2020 United States Census, there were 57,303 people, 22,009 households, and 12,978 families residing in the city.

2010 census

As of the census of 2010, there were 49,963 people, 20,632 households, and 12,679 families residing in the city. The population density was 1,967.0 people per square mile (760.5/km2). There were 23,414 housing units at an average density of 921.8 per square mile (356.4/km2). The racial makeup of the city was 57.6% White, 28% African American, 0.7% Native American, 2.1% Asian, 0.1% Pacific Islander, 9.2% from other races, and 2.4% from two or more races. Hispanic or Latino of any race were 16% of the population.

There were 20,632 households, out of which 28.1% had children under the age of 18 living with them, 38.9% were married couples living together, 17.5% had a female householder with no husband present, and 38.5% were non-families. 33% of all households were made up of individuals, and 13.1% had someone living alone who was 65 years of age or older. The average household size was 2.38 and the average family size was 3.01.

In the city, the population was spread out, with 26.6% under the age of 20, 6.5% from 20 to 24, 26.1% from 25 to 44, 25.2% from 45 to 64, and 15.7% who were 65 years of age or older. The average age was 38.3 years.

The median income for a household in the city was $42,097, and the median income for a family was $49,797. The per capita income for the city was $23,465. About 15.9% of families and 19.6% of the population were below the poverty line, including 34.9% of those under age 18 and 10.2% of those aged 65 or over.

Source: https://en.wikipedia.org/wiki/Burlington,_North_Carolina

LaMonica McDuffie

Loan Officer  //  NMLS #1991132

My name is LaMonica McDuffie.  I am a native of Durham, North Carolina.  I have a Degree in Business Management from North Carolina Agricultural & Technical State University.  I am the eldest of 2 sisters and the dog mother of 2 adorable dogs, Chase, and Harley.

Growing up my mother and I always had a love of touring new construction homes in our area.  For years I thought my dream job would be helping other people enjoy every aspect of building or owning a home of their own.

While still in college I started gaining the experience that I still use to this day in the mortgage industry. Right away I knew that I was going to love being involved in the process of helping families obtain a mortgage for their homes.  Seeing the joy, it brings to families and the pride they take in seeing their dream of homeownership come to fruition gives me the passion to perform my job to the best of my ability.

LaMonica.McDuffie@Nafinc.com(919) 638-7494
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LaMonica McDuffie Mortgage Loans

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