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

Okeechobee, FL FHA Loans in Florida

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 Okeechobee, FL 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 fha loans in the state of FL

Bad Credit? click here.

Call for COMPLETE details NOW!

(800) 675-9783

Okeechobee, Florida News
Okeechobee Grow House Discovered

Police took more than 100 marijuana plants from a home in Okeechobee County. Deputies, acting on good information on the location of a marijuana grow house, obtained a search warrant and served it at a ...


FWC Commissioners pass boating restrictions

The Florida Fish and Wildlife Conservation Commission approved boating restrictions for Martin County and the Okeechobee Waterway on Wednesday at the Commission meeting in Key West.


Treasure Coast Fishing Report: Dec. 1

The week - and the month - will start off on a cooling trend and that's alright with anglers.


Florida wins Best Trails State designation

With cooler weather here, South Florida has again become an outdoor recreation haven for those who enjoy hunting, hiking, bird-watching and other terrestrial pursuits.


2008 hurricane season makes history, sets plenty of records

The 2008 hurricane season just kept coming, and wound up making history. This is the first year since records began being kept in 1851 to feature hurricanes with 111 mph winds or greater in five consecutive ...


Arson suspected in Okeechobee fires

A string of suspected arson fires have homeowners in the Treasure Island neighborhood worried.


Treasure Coast Fishing Report: Nov. 24

Rough water and sargassum weed have plagued surf anglers this month, but catches in the lagoon and Sebastian Inlet indicate pompano and whiting fishing should be on fire when the conditions allow.


Florida ranch near Okeechobee on sale for $50 million

A Florida cattle and quail-hunting ranch, half-owned by a onetime top pick in the National Football League draft, has gone on the market for $50 million.


'Big O Hike' Starts Nov. 22

'Big O Hike' Starts Nov. 22 On Saturday, Nov. 22, hikers from the Loxahatchee Chapter of the Florida Trail Association will gather at the Pahokee Marina to kick off the 17th Annual Big O Hike.


Wellington teen faces manslaughter charges in crash that killed 2

A Wellington teen who is the son of a high-ranking Palm Beach County firefighter faces manslaughter charges in connection with a January crash that killed two people.


South Florida Watershed Journal: Lake O gets two for one

Lake Okeechobee has been inching its way down for the past two months. Of all the famous things that Fay did, it's biggest trick was jolting the Big Lake out of its prolonged slump.


Editorial: Sugar deal can save jobs, river

With Florida's economy reeling and her treasury on a forced diet, modifying the state's purchase of U.S. Sugar Co.


Keep twice-weekly watering; the region still is drying up

Permanent lawn-watering restrictions are worth the legal fight they may provoke.


Lake Okeechobee, Caloosahatchee River begin the healing process

So, this is what normal looks like. Southwest Florida is a land of meteorological extremes, and the past four years have been extremely extreme.


We think: The governor's plan to restore Everglades isn't a done deal

Remember Gov. Charlie Crist 's plan to speed the restoration of the Everglades ? The one he announced in June -- and which officials said would be finalized by November -- that had the state purchasing 187,000 ...


Florida revises Everglades deal with U.S. Sugar

MIAMI -- The state of Florida has agreed to pay the nation's biggest producer of sugar cane $1.34 billion, instead of the $1.75 billion originally proposed, under a revised deal to buy up vast tracts of farm ...


Officials probe teen's death at juvenile facility

Officials are awaiting autopsy results to determine what caused the death of a teen at a juvenile facility on Friday.


Treasure Coast Fishing Report: Nov. 4

The Sebastian Inlet is still one of the best places to fish on the Treasure Coast the past few days.


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 prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.
© 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)