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Armada, MI FHA Loans in Michigan

FHA loans differ from conventional loans in a number of ways. The down payment required for an FHA-insured loan is usually much lower than for conventional loans. FHA loans also have lower credit requirements than conventional loans, making them more available to a wider range of potential homebuyers.

 

FHA loans offer Armada, MI residents several other valuable benefits, not least of which is those aforementioned smaller down payments. Unlike a conventional loan, which ordinarily requires 10-20% down, FHA-insured loans only require down payments as low as 3-5%. The FHA is also more flexible in calculating factors to determine whether or not to approve the loan, factors such as household income and repayment ratios.

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Armada, Michigan News
A country doc with a big city touch

There is a new doctor in town. His name is Dr. James Lowery, and so far, he said he likes things in this quaint, rural village.


Local company makes cut in national best slice contest

Sure, the election is over. But Dave and Wendy Achatz, co-owners of Achatz Handmade Pie Co.


Sheriff department cuts target northern communities

Agencies like the Michigan State Police and other local police agencies will help the Macomb County Sheriff Department respond to emergency calls.


Veterans ensure our nation is free

Thank you. From the many ceremonies throughout the nation to the gestures of individuals today, they all speak to these two simple words.


School Board addresses public comment policy

Board of Education members and administrators have recognized a need to address its interactions with the public.


7 Macomb County townships getting new supervisors

Seven of 12 Macomb County townships will greet new leaders after voters ousted incumbent supervisors and some officeholders decided not to run again.


U.S. House of Representatives

Robert Dennison said he provides an alternative to business as usual. Candice Miller said she represents the views and interests of the community.


Icehawks' Merlini joins father on ABC show

Derek Merlini took some time out this summer from training for his second season with the Port Huron Icehawks to help make a difference in the life of a North Carolina family.


Trick-or-treat hours in Metro Detroit

ARMADA VILLAGE: Designated trick-or-treat hours are 5-7 p.m. BRUCE TWP.: Designated trick-or-treat hours are 6-8 p.m. CENTER LINE: No specific trick-or-treat hours.


County cuts four deputies from local area

Road patrol deputies assigned to northern Macomb County will be cut from nine to five as of 2009.


Northern Macomb towns brace for cuts in patrols

Residents and officials are worried about the potential for more crime and reduced police response times now that budget cuts will limit sheriff's patrols in northern Macomb County.


Macomb County votes to slash 4 of 9 deputies in north suburbs

Residents in northern Macomb County will see fewer deputies patrolling the streets next year thanks to cuts approved today to eliminate four of the nine deputy posts dedicated to that area.


Coalition breaks down results of Romeo survey

Results from a survey asking Romeo students about drugs, alcohol, sex and tobacco have given some surprising results.


Armada men start mission for tax change

An Armada man is looking to give Michigan a shot at getting true values for property taxes.


Cardinal Mooney, Richmond eliminated in soccer finals

The Marine City Cardinal Mooney and Richmond boys soccer teams had trouble generating offense Friday in district championship matches.


'Extreme' giving

When "Extreme Makeover Home Edition" rolled into Michigan in 2006 to makeover the Gillian family home in Armada, Bob and Jeff Geck didn't miss the chance to participate in ABC's No.


Area school buses make the grade

When Superintendent Kevin Miller made his first visit to the Croswell-Lexington school district's facilities, one building caught his attention.


Police searching for Berlin Township man

Police are searching for a 39-year-old Berlin Township man they said broke into a home and fired multiple shots.


Port Huron resident helping out on Extreme Makeover

Since July 4, Todd Stevens has been away from his home, helping other people by improving theirs.


Girls golf, boys tennis start postseason run

Michigan High School Athletic Association state tournaments begin Thursday. Port Huron Northern and Port Huron High will be traveling to Essexville to play in the girls Division 1 regional at Bay County Country ...


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