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

FHA Loans

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 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%.

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 HI

Bad Credit? click here.

Call for COMPLETE details NOW!

(800) 675-9783

Kilauea, Hawaii News
Mauna Kea Beach Hotel's design work takes top prize

Renovation of the earthquake-damaged Mauna Kea Beach Hotel won the third annual People's Choice Award as part of the 51st annual design awards competition by the American Institute of Architects Honolulu Chapter.


Working to protect the seas

Paul Clark has a one-track mind. 'Everything I do revolves around teaching people to protect the ocean and make the changes that will allow that,' said Clark, who teaches marine science at Kaua'i Pacific School and is president of Save Our Seas.


Coast Guard focused on new technology

As the Coast Guard works to replace a navigational tower toppled in a car crash at Kewalo Basin, it is also busy modernizing its extensive network of beacons and buoys.


Back in the Day: June 28, 1952

"Back in the Day," appearing every Sunday, takes a look at articles that ran on this date in history in the Honolulu Star-Bulletin, Hawaii's oldest continuously published daily newspaper.


Pele's Glow

Deep in the heart of the Kilauea caldera lies Halema`uma`u. It's where Pele lives, her hair streaming high over the south of Big Island.


Vog a health concern for Hawaii Island

The Big Island's biggest attraction is also a health concern for Hawaii residents.


Affordable hotels on the Big Island

If you want to spend less than $200 a night and prefer small inns to big resorts, try Waimea Gardens Cottage in the northern town of Waimea, aka Kamuela, or the Kilauea Lodge in the park-adjacent southern village of Volcano.


Hospice's Concert in the Sky, July 4

When the founding members of Kaua'i Hospice decided to create a "small fundraiser" in 1989, they didn't know how well it would work - or if anyone would come.


Kilauea: State's biggest air polluter?

Ask anyone living on the Big Island about vog and they'll have a story to share.


Burning down the night

Getting to where the Kilauea lava flow meets the Pacific isn't as easy as you might think.


Halemaumau putting on a night-time lava show

The U.S. Geological Survey's Hawaiian Volcano Observatory has captured remarkable video of lava bubbling near the surface at Kilauea volcano's summit.


Father, son, 7, killed in car-cycle accident

Pahoa resident Thomas G. Reimer was a thoughtful, supportive man who always could be counted on, family members and friends say.


Student privacy

The Hawai'i state Board of Education is considering changes to Chapter 19 that will drastically impact students' rights to privacy and free expression, bring in drug-sniffing dogs and permit random locker and personal searches of students, without the requirement of reasonable suspicion.


Publication wins international awards

'Edible Hawaiian Islands,' a magazine with statewide circulation that originates on Kaua'i, has received two Platinum Hermes awards in the categories of Publications/Magazine and for overall design.


Cheap island stays

If you're hoping to spend less than US$200 a night on Hawaii's Big Island and prefer small inns to big resorts, two likely prospects are Waimea Garden Cottage and the Kilauea Lodge .


Summer programs available for kids

Parents wondering how to keep their children busy this summer have a selection of science, art and performing camps and classes.


Erupting volcano will roar at subsonic level

An erupting volcano sounds like the roar of a big jet engine taking off but people can't hear it because it's at such a low frequency, says Milton Garces, University of Hawaii Infrasound Laboratory director.


Newswatch

COLORADO SPRINGS, Colo.>> Prosecutors have dropped charges against a man accused of shooting at bounty hunter Duane "Dog" Chapman and another man during a pursuit being videotaped for a reality TV show.


Keeping it local-style - and organic

WANTED: Old-school Mom & Pop store, locally-owned, small town kine with large organic selection, home-made foods and good prices.


Lighthouses illuminate Hawaii's unique history, environment

The quaint lighthouses and modern light stations along Hawaii's lava-strewn shoreline - many on ancient signal fire sites - truly shine a light on the islands' unique history, geography, ecology and culture.


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 | Testimonials | Number # 1 Online Direct Lender
Equal Housing Lender Member of the Better Business Bureau (BBB) Member of the National Reverse Mortgage Lenders Association (NRMLA) TOP100ADD.COM - ADD YOUR SITE, BOOST YOUR TRAFFIC.