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

West Lafayette, 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 West Lafayette, 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

West Lafayette, Indiana News
Open seat on West Lafayette City Council

Tippecanoe County Republican Chair Bob Hicks said several people have already contacted him about the vacant seat created by Randy Truitt's resignation.


Economy puts ethanol's future in doubt

SAN PIERRE, Ind. - The air smells clean and sweet off the sprawling corn and spearmint fields, but for this unincorporated town of 156, it is the smell of failure - the failure to reap the rewards of the ...


Attempt to raise property taxes fails

Republican Randy Truitt submitted his letter of resignation to West Lafayette Mayor John Dennis Wednesday.


WL dismissing high school

West Lafayette Junior/Senior High School will dismiss students at 10:30 due to a power outage.


Plans to expand Wabash Heritage Trail

Plans are underway to expand the Wabash Heritage Trail in West Lafayette. The West Lafayette Redevelopment Commission approved a contract to design a one-mile extension of the trail, along North River Road.


Burtsfield demolition begins next month

Crews will begin demolishing the former Burtsfield Elementary building December 1. West Lafayette is moving forward with phase two of safety improvements to Salisbury Street.


Community leaders urge food donations

Community leaders are challenging you to organize food drives to help restock the shelves at Food Finders Food Bank.


Bomb squad checking package at Purdue - WISH

Bomb squad checking package at Purdue WISH, IN - 2 hours ago WEST LAFAYETTE, Ind.


Purdue research shows not all distillers' grains created equal

Purdue research shows not all distillers' grains created equal Nov. 10, 2008 WEST LAFAYETTE, Ind.


Truitt wins District 26 Race

Republican Randy Truitt picked up additional votes in the race for State Representative District 26 Friday.


Simultaneous Quantification of Metabolites Involved in Central Carbon ...

Bindley Bioscience Center, Laboratory of Renewable Resources Engineering, Department of Agricultural and Biological Engineering, and Department of Chemistry, Purdue University, West Lafayette, Indiana 47907 ...


Scholarships make college affordable

Scholarships make college affordable At this time of year, high school seniors in Cass and surrounding counties are completing college applications, and juniors are getting more serious about their college ...


Wastwater renovation update

The renovation of West Lafayette's wastewater digesters is nearing completion. The two cylinders break down solids in wastewater.


African-American community on race

Many African Americans are in support of the Purdue students in their efforts to raise awareness about race relations.


Rally at Purdue to improve racea

After two alleged racial incidents in West Lafayette, a rally was held on Purdue's campus.


Community discusses race relations

Community members joined students and elected officials for a discussion on how to move forward following two alleged racial incidents in West Lafayette.


Police investigate handling of fight at West Lafayette diner

WEST LAFAYETTE, Ind. - West Lafayette police are investigating allegations that officers cursed at black witnesses while responding to a fight at a diner.


"West Side Story" raises thousands ofa

More than 120 people gathered for "West Side Story", a dinner to raise money for the West Lafayette Schools Education Foundation.


Robbery at Village Pantry

No weapon was displayed by the suspect. The suspect is described as a white female in her late thirties, of thin build and approximately 5' 4" tall.


Students get a lesson on space

Students from more than 100 Indiana and Ohio schools got a hands on experience of space at the 13th annual Space Day at Purdue University.


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.
 
"Every other company said they could not help us. After speaking to about five companies, we really believed that no one could. Then we called Somerset, and your company proved us and those other companies wrong. We can't thank you enough for all your hard work and effort in getting us a low fixed rate. We can now breathe easier..." - L. Braun
© 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)