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Dillsboro, 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 Dillsboro, 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
| Dillsboro, Indiana News |
3 People Hurt In Dillsboro Crash
Indiana State Police are investigating a two-car crash in Dearborn County that sent three people to the hospital Friday night.
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Century City relocating to Indiana
Grade 2 winner Century City is being relocated for the 2009 breeding season to Breakway Farm in Dillsboro, Indiana.
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Kentucky Speedway News and Notes - October 20, 2008
Kentucky Speedway's mascot, "Horsepower," recently helped launch the third year of the track's RPM Reading Program in Gallatin Co., Ky., and Dillsboro, Ind.
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Fire destroys Milan building
Two families and two men became homeless Friday night, Aug. 22, when a blaze destroyed their apartment building in Milan.
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ALERT: Severe Storms Hit Tri-State
Severe storms are rolling through the Tri-State this afternoon, bringing down trees in some areas.
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Hosta haven is couple's retreat
Jeffrey and Maureen Eller built their home in the woods near Dillsboro, Ind., in 1992.
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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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