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Argyle, GA FHA Loans in Georgia
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 Argyle, GA 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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| Argyle, Georgia News |
Mom writes book about living in South Georgia
"After about 10 years, my husband retired and we moved to Gainesville, Fla., where I have a younger sister. A friend put me in touch with the Gainesville Association for the Creative Arts. The rest is history. They loved the book." Story updated at 7:47 PM on Wednesday, February 27, 2008 Will Chamberlin's mother, Annette Pickren Chamberlin, grew up in the small town of Argyle, which is located on U.S. Highway 84 in Clinch County near the ... via Athens Banner-Herald
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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
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"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.
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