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

Madison, 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 Madison, 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

Bad Credit? click here.

Call for COMPLETE details NOW!

(800) 675-9783

Madison, Indiana News
Women's prison to get perimeter fence

The Madison Correctional Facility for women has an unusual problem: People keep wandering in.


Appeal denied in girl's torture-murder

The ringleader in the brutal torture and murder of a 12-year-old New Albany girl nearly 17 years ago has lost her latest bid to have her 60-year prison term thrown out.


Appeal is denied in girl's '92 slaying

MADISON, Ind. -- A woman who was 16 when she pleaded guilty to murder in the 1992 torture slaying of a 12-year-old has lost another bid to have her deal with prosecutors thrown out.


Area briefs -- Nov. 15, 2008

The Local Emergency Planning Committee will meet Wednesday at 7 p.m. in the Brown Township offices on Old Indiana 67 in Mooresville.


LifeStream to help with Medicare Part D signup

YORKTOWN - LifeStream Services will offer a series of "Medicare D Sign-Up" sessions starting this week to help residents of Blackford, Delaware, Grant, Henry, Madison and Randolph counties sign up for the ...


Alison (Tam) Frazier '84 Elected Superior Court Judge

November 7, 2008, Greencastle, Ind. - "Alison Frazier was the only Republican to win a Jefferson County seat in the 2008 general election," reports Indiana's Madison Courier .


Historic Riverboat Inn Becomes A 3 Palms Hotel

The Riverboat Inn has been witness to much history during its 50 years in a scenic location on the Ohio River in downtown Madison, Indiana - " and now it begins an exciting new chapter as a 3 Palms Hotel.


Enter the CSO's Annual Young Artists Concerto Competition

The Carmel Symphony Orchestra announces its Annual Young Artists Concerto Competition, sponsored by Meridian Music.


Indiana Stores Targeted As Part Of Nationwide Theft Ring

Two men thought to be at the center of a nationwide phone theft ring targeted at least seven Indiana stores and had plans to hit dozens of others, police said.


Local photographer featured in Madison display

Deborah Carmichael Photography of Freetown will be featured in an opening reception, a oeWondrous Aspirations,a from 4-6 p.m. Nov.


Area briefs -- Nov. 1, 2008

The Madison Township Advisory Board's budget meeting will be at 9 a.m. Wednesday at the Landersdale Road station, 7047 E. Landersdale Road, in Camby.


Missing EKU student: Dattilo case ruled a homicide

The four-year-old case of missing Eastern Kentucky University student Molly Dattilo is now being investigated as a homicide.


Hoosier Candies Featured At Govenors Door This Halloween

Four Indiana companies will have their candy passed out to trick-or-treaters at the governor's residence on Halloween.


Indiana Gov. Daniels: a Shea s a terrific talent'

They came for the Alaskan governor, but they got a chance to see Indiana's governor, as well.


Teacher Excellence Awards announced

Ninety-four secondary-school teachers from 11 states and China have been honored with the second annual Butler University College of Liberal Arts and Sciences Teacher Excellence Awards.


Main Street Trick or Treat a ghoulishly fun time

When it comes to taking his daughter out for Halloween, David Stephens likes to join in on the fun.


Fire Chief Suing Fellow Fire Departments

The chief of a volunteer fire company is suing two other departments over injuries he suffered while recovering the body of another firefighter from a burning house.


Lawsuit accused 2 fire departments of negligence

MADISON, Ind. - The chief of a volunteer fire company is suing two other departments over injuries he suffered while recovering the body of another firefighter from a burning house after he had been missing for ...


Antique appraisals set at Scott museum

Scott County Heritage Center and Museum, 1050 S. Main St. in Scottsburg, has free antique appraisals at noon tomorrow.


Cemetery Class Action Lawsuit Settled

A former owner of a Madison, Ind. cemetery has agreed to cover burial costs of more than 3,000 customers who filed a class action lawsuit alleging money they pre-paid for burials has disappeared.


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
Eqaul Housing Lender Member of the Better Business Bureau (BBB) Member of the National Reverse Mortgage Lenders Association (NRMLA)