Somerset Investors Corp. Mortgage Refinance, Reverse Mortage, Home Loan
  Reverse Mortgage Divorce Buyouts Debt Consolidation Home Improvement Purchase Refinance
Search Somerset:
Print this page    E-mail this page

Atwater, MN FHA Loans in Minnesota

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 Atwater, MN 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.

Return to bad credit fha loans in the state of MN

Bad Credit? We can help!

Call for COMPLETE details NOW!

(800) 675-9783

Atwater, Minnesota News
Plans for new rescue squad, animal shelter buildings get board's OK

With an eye of caution to final cost figures, the Kandiyohi County Board of Commissioners agreed Tuesday to take another step to construct two new buildings - one to house the county's rescue sq-uad and one to ...


Atwater Policeman Acquitted On 2 Sex Charges

Required fields are marked with an asterisk The information you provide will be used only to send the requested e-mail and will not be used to send any other e-mail communications.


BNSF is proposing speed increase for trains traveling through Minnesota towns

WILLMAR, Minn. - The Burlington Northern Santa Fe Railway company is proposing to increase the maximum speed level for trains traveling through Atwater, Grove City and Kandiyohi, but only two of the affected ...


Trial to begin today for Atwater cop charged with sexual misconduct

Jury selection is scheduled to begin this morning in the sexual misconduct trial of Paul Reed Schmidt, 35, of Atwater.


Woman, 85, critically hurt in head-on crash in Sibley County

An elderly woman was critically injured Thursday when the car in which she was riding crossed into oncoming traffic and collided with a truck near Gibbon, the Minnesota State Patrol said.


BNSF is proposing speed increase for trains traveling through Atwater, Kandiyohi and Grove City

The Burlington Northern Santa Fe Railway company is proposing to increase the maximum speed level for trains traveling through Atwater, Grove City and Kandiyohi, but only two of the affected government bodies ...


Atwater teen sentenced for stealing golf clubs, auto parts

An Atwater teen was sentenced Monday to five years of probation, a $500 fine and 190 days in jail on a felony theft charge for stealing auto parts from a Sunburg business and then selling the metal for scrap.


ACGC teaches students right, responsibility of voting

When polls open today, children in the Atwater-Cosmos-Grove City School District may be leading their parents to the ballot boxes.


Sheriff's Office recovers stolen electronics at rural Comsos residence

Meeker County Sheriffa s Office and the Atwater Police Department recovered a stock of stolen electronics at a rural Cosmos residence Thursday.


Charges pending against three in Grove City, Atwater burglaries

LITCHFIELD a ' Charges are pending against three men, including an 18-year-old from Atwater, stemming from a series of recent burglaries in Grove City and Atwater.


Jennifer Helmuth and Michael Gilhoi

Jennifer Helmuth and Michael Gilhoi, both of Sauk Rapids, Minnesota, are engaged to be married December 6 at Calvary Lutheran Church in Willmar, Minnesota.


Leroy D. Hranicka

A Celebration of Life Service for Leroy D. Hranicka, 86, of Trimont, Minn., will be held 10:30 a.m. Friday, October 17, 2008, at the United Methodist Church in Trimont, Minn., with Pastor Joel Xavier ...


Grant for Hotel Atwater renovation preliminary OK

Oct. 3--ATWATER -- A $90,000 matching grant that would help fund renovations at the historic Hotel Atwater was given preliminary approval Thursday by the Minnesota Historical Society.


Atwater Hopes To Restore Historic Hotel

The arched brick entrance and granite pillars of the Hotel Atwater casts a historic shadow of the building's former grandeur on Atwater's Atlantic Avenue.


Teen pleads guilty to assaulting fellow student with razor blade

An 18-year-old Atwater girl has pleaded guilty to a second-degree felony assault charge for cutting another student at New London-Spicer High School with a razor blade.


Tornado warning issued for west-central Minnesota

A tornado warning is in effective for southern Kandiyohi, southeastern Swift and eastern Chippewa counties, the National Weather Service announced.


Risa Partch, Kent Anderson

Kevin and Karla Partch of Sartell announce the engagement of their daughter, Risa, to Kent Anderson, son of Augusto and Marge Anderson of Atwater.


1 man critical after 4-vehicle pileup near Atwater

ATWATER - A Balaton man was in critical condition today at St. Cloud Hospital after a four-vehicle pileup.


Case stemming from Willmar immigration arrests gets smaller

"In these kinds of cases, it really comes down to what witnesses say."

A federal lawsuit from last year's immigration raid in Willmar was whittled down Wednesday when a judge dismissed counts against the U.S. government and authorities acting in their government roles. via KAAL-TV Austin


Save time with our easy online mortgage application.
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
 
"...I was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.
© 2006 Somerset Investors Corp. All rights reserved.
home | about us | Mortgage Blog | contact us | privacy policy | state licensing | search | links | link to us | site map
mortgage calculators | refinance | purchase | fha | reverse mortgage | divorce buyout | debt consolidation
Eqaul Housing Lender Member of the Better Business Bureau (BBB) Member of the National Reverse Mortgage Lenders Association (NRMLA)