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

Call Now

(800) 675-9783

Free Rate Quote

800-675.9783

FHA Loans

FHA loans differ from conventional loans in a number of ways. The down payment required for a 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 borrowers 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 3.5-5%

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.

Local FHA Loan directory for CT :
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Abington Andover Ashford Avon
Amston Ansonia

Return to our fha loans page

Call for COMPLETE details NOW!

(800) 675-9783

Connecticut News
GOP debaters want smaller state government

A smaller state government, fewer employees and a renewed focus on attracting jobs to Connecticut are among the top issues for the eight men seeking the Republican nomination for governor.


Milford Superintendent, School Board, Reach Resignation Deal After Sex Assault Charges

A Connecticut school superintendent facing sexual assault charges and local school board members have agreed to a tentative deal for him to resign.


Murder convictions of 2 Conn. men overturned

A Connecticut judge has overturned the convictions of two men serving 80 years for a 1993 murder and ordered their immediate release from prison, saying they are the victims of a "manifest injustice." Superior Court Judge Stanley Fuger ruled Thursday that Ronald Taylor and George Gould are "actually innocent" of the crime and even threw out their ...


CT attorney general candidates pledge to join fight against DOMA

The six candidates vying for the seat vacated by Connecticut Attorney General Richard Blumenthal have come clean about their feelings regarding DOMA.


13-Year-Old UConn Student Claims Bias After Being Denied Trip Abroad

To Colin Carlson, it's clearly a case of discrimination. As a double-degree honors student with a 3.9 grade-point average at the University of Connecticut, he was a natural candidate for an African ecology course offered this semester that involved a summer field study in South Africa .


HARTFORD: Lawmakers Look to Education to Fight Unemployment

Connecticut lawmakers are pushing legislation that would subsidize higher education to help reduce unemployment.


East Haven Man Sentenced to Five Years in Federal Prison for Selling Cocaine

Nora R. Dannehy, United States Attorney for the District of Connecticut, announced that JOHN CRISANTI, 48, of Venice Place, East Haven, was sentenced today by United States District Judge Stefan R. Underhill in Bridgeport to 60 months of imprisonment, followed by six years of supervised release, for selling cocaine.


Thousands remain without power in Connecticut

Utility crews are still on the job in Connecticut trying to restore electricity to nearly 41,000 homes and businesses that remain in the dark after a strong storm brought down trees and power lines.


Rowlands purchase Connecticut Gardener

When Connecticut Gardener's devoted readers pick up the March/April issue, they'll discover the local, information-packed magazine they've always loved.


Fairfield County Cleans Up After Storm; Many Schools Remain Closed

Cleanup is continuing in the wake of a weekend storm that killed three people in Connecticut.


Re-Regulation Bills Will Impede Electricity Choice, Reduce Savings...

Specifically, RESA and its member companies will speak in opposition to House Bills 5505, 5507 and 5508.


$70M in Prescription Drugs Stolen in Conn. Heist

Authorities say prescription drugs worth tens of millions of dollars have been stolen in a brazen, well-planned heist at a pharmaceutical company warehouse in Connecticut.


HARTFORD: Buckle Up for Safety on School Buses

A bill requiring Connecticut school buses to have seat belts has cleared its first legislative hurdle, but lawmakers say the details of the proposal will likely change in the coming weeks.


Connecticut Pushes Health-Care Network to Create 5,000 Jobs

A proposed $352 million health partnership network would transform health-care delivery in Connecticut and create 5,000 new health-care jobs, according to Gov.


The running of the rich: Is wealth changing Connecticut politics?

Connecticut Attorney General, Richard Blumenthal, posed in his Greenwich home, Monday, March 8th, 2010.


2 dead in Conn., thousands without power after massive storm rips through Northeast

Tens of thousands of Connecticut residents remained without power Sunday after heavy rain and high winds whipped the state over the weekend, toppling trees, dropping power lines, flooding roads and delaying trains.


Storm downs trees, power lines, leaves one dead

Traffic slows to drive through a flooded portion of Main Street in Stratford, Sunday, March 14, 2010.


Conn. would waive student loans in 'green' jobs

Paul Goulet hopes Connecticut will help him get from under nearly $8,000 he's borrowed for college after losing his job in a paper manufacturing plant.


For Many Shaw's Workers In Connecticut, Tension Builds As Store Closings Loom

By the end of the month, Connecticut's 18 Shaw's supermarkets will close, and even though all but two eventually will reopen under the banners of Stop & Shop, ShopRite or PriceRite, the renovations could take weeks or even months.


Rain, wind buffet southeastern Connecticut

Heavy rains and high winds battered southeastern Connecticut throughout the day and night Saturday, toppling trees and bringing rivers and streams near flood-level in low-lying spots.


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.
Free Rate Quote
 
"...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 | Mortgage Glossary | 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 | Testimonials | Employee | Top 100 Mortgage Companies
Equal Housing Lender Member of the Better Business Bureau (BBB) Member of the National Reverse Mortgage Lenders Association (NRMLA) ADD YOUR SITE, BOOST YOUR TRAFFIC. Alexa Traffic Ranking
 
close