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Mayer, 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 Mayer, 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.

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Mayer, Minnesota News
Carver County News

Mt. Waconia, located in Lake Waconia Regional Park, is closed due to a lack of snow and icy conditions on the runway.


FFA fruit plates

Milfred Dalchow has been selling Christmas trees and other holiday items for 65 years.


Surprises for soldiers

This photo, taken about 1898, shows the Justus home at Swede Lake near Watertown.


County restores some cuts

The Carver County Board of Commissioners adopted an $82.5 million budget Dec. 16 amid rising concerns that it will need to be adjusted once state budget cuts are announced.


Montrose teen declared 2009 Miss Wright County

Taylor Moynagh of Montrose surprised her parents when she announced that she wanted to be involved with the Miss Wright County competition, being that she doesn't like to wear dresses, according to her mother, ...


Mr. Christmas Tree

Milfred Dalchow of Mayer has been selling Christmas trees locally for 65 years. To many, he is Father Christmas Tree.


District reviews a 08 audit

It has in recent meetings, financial matters again were the focus of the Watertown-Mayer School Board meeting on Monday, Dec.


Musicians help send MPR's 'Morning Show' into the sunset

Last update: December 11, 2008 - 7:19 PM I t would have been enough for some of the area's top musicians to simply show up before dawn Thursday to pay their respects on the last broadcast of Minnesota Public ...


Santa Day

A popular tradition was enjoyed by many local youngsters on Santa Day at the Watertown Community Center on Saturday, Dec.


Ten days out for Entertainment: Dec. 5 - 14

The Cozy Christmas Holiday Boutique is being held at 601 Danielson Drive. Unique handmade gifts are featured.


Citizens look for comfort level with roundabouts

Driving tips When approaching a roundabout, slow down and get into the appropriate lane.


WATERTOWN - Santa Day, tree lighting Dec. 6

Two special holiday events are being planned in Watertown for Saturday, Dec. 6. The first is the annual Santa Day sponsored by the Mayer-Watertown DandyLions Club.


Roundabout Causes Cattle Truck Tip-Over

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Eleven local stimulus checks were returned in the mail as undeliverable

Thousands of dollars in stimulus checks and tax refunds were returned in the mail as undeliverable to local addresses, leaving the IRS to attempt other means to contact taxpayers.


Truck carrying cattle overturned on Carver County highway

A semitrailer truck carrying cattle to a processing plant rolled over early today when the driver failed to negotiate a roundabout on a highway in Carver County, the Minnesota State Patrol said.


LHS has a ball with a Cinderellaa

LHS has a ball with 'Cinderella' From left David Landskroener, Tiffany Cox, Alan Holasek, Erich Strehlke, Greta Sowles, Lael Radde, Sharon Whightsil, Hannah Anderson, Spencer Biernann, Brandon Hilk strike a ...


Stearns starts recount

It was a very Lake Wobegon way to begin a brass-knuckles fight to see who becomes Minnesota's next U.S. senator.


The ugly truth about beauty

After years of resistance, this music fan is ready to join the iPod generation. But where do you start when you have 2,000 CDs? Photo right: Loading CDs.


MAYER - LHS plans 'Cinderella' Nov. 21-23

"A lovely night, a lovely night, a finer night you know you'll never see!" Imagine wearing your finest clothes and meeting your one true love.


Swedish visit delights local couple

From left, Samuel Sjsberg, sa Sjsberg, Rose Hubin, Victoria Sjsberg and Wayne Hubin spend some time together during the Sjobergs' visit to the Hubins in late October.


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"...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.
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