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Delphi, IN FHA Loans in Indiana
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 Delphi, IN 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 IN
| Delphi, Indiana News |
Benefit slated to help womana s recovery
Two Carroll County churches are planning a benefit for the family of Cindy Gottschalk.
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Jockstrip: The world as we know it.
Police have arrested a Florida man for trying to steal bags of frozen shrimp by stuffing them into his pants.
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Work on last Hoosier Heartland section starts
State officials broke ground today on the final segment of the Hoosier Heartland Corridor - a 31-mile, four-lane highway running from Lafayette to Logansport.
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Farm yields bones thousands of years old
Amos Flora leans back in his simple chair, rubs his chin with his 84-year-old fingers and ponders a question that has troubled him for nearly 40 years.
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Clearing the way
Eldon Baker lives a few miles south of Delphi. His family farm of more than 250 acres straddles the Carroll/Tippecanoe county line and will soon be home to a four-lane highway, the Hoosier Heartland Corridor.
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Appeal filed to stop second Carroll County CAFO
With one appeal already pending against a proposed mega-dairy in northern Carroll County, local attorney Courtney Justice has petitioned the state appellate court again in regards to a second proposed ...
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Council approves Delphi abatement
The Kokomo Common Council approved a $160 million tax abatement for Delphi Electronics & Safety that will retain 3,000 jobs in the community.
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Deadly night on Carroll County roads
A pair of crashes took the lives of four people in Carroll County Saturday night.
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Improving their lives
When Ken Lavy of Camden met Marian Cortez in a trip to Honduras three years ago, his life changed forever.
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Purdue-Kokomo gets new director
Purdue University College of Technology at Kokomo has a new director. Christy Bozic began work Tuesday as the college's new director.
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Rebuilding a playground
Hours of hard work were destroyed when a playground canal boat was set on fire early Sunday at Canal Park in Delphi.
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FedEx gets abatement, Delphi next
Kokomo Common Council Monday gave final approval to a 10-year tax abatement expected to bring a new FedEx Ground distribution hub to Kokomo.
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Howard County boosts umbrella group funding
The Howard County Council voted to double the amount of money spent on economic development for next year.
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Milestone coming up
The start of construction on the last leg of the Hoosier Heartland is less than two months away.
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Police arrest man in boat arson
Police arrested a Delphi man in connection with the canal boat fire at the Wabash Erie Canal Interpretive Center.
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Man Arrested In Canal Boat Arson
Police have arrested a man in connection with a fire that heavily damaged the full-sized replica of an 19th century canal boat in a Delphi park.
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Apparent arson destroys replica canal boat
Police say an apparent arson in a Delphi park heavily damaged a 72-foot-long replica of a 19th century Wabash & Erie Canal boat.
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Highway work to start in October
INDOT will award contracts for Corridor construction this Thursday. The state has set a groundbreaking date for construction on the Lafayette-to-Logansport segment of the Hoosier Heartland Corridor.
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SAT scores prompt surprise, disappointment
Reaction by county school administrators to the latest SAT results ranged from surprise to disappointment.
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A grand edifice in Delphi's downtown
In 1858, the south side of the square in Delphi was considerably enhanced by the construction of a grand edifice erected by equally as grand merchants.
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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 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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