Allegan, MI FHA Loans in Michigan
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 Allegan, MI 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 MI
| Allegan, Michigan News |
Man seriously hurt in the motorcycle crash
Friday, August 29, 2008 9:55 AM EDT VALLEY TWP.--An Allegan man was seriously hurt when he rode his motorcycle off 113 Avenue while trying to pass.
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Event aims to prevent homelessness
Helping to end homelessness in Allegan County is sometimes about helping people know where to turn for help.
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Municipalities discuss jail site
Wednesday, August 27, 2008 5:11 PM EDT Sit down again and talk out your differences was the message from moderator Lynn Harvey after members of the Allegan County Commission, the Allegan City Council and the ...
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Hospital plans to close two units
Wednesday, August 27, 2008 5:07 PM EDT In an effort to strengthen its core services, Allegan General Hospital recently announced plans to close its Inpatient Psychiatric Unit and Birth Center.
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District library passed by city
Wednesday, August 27, 2008 5:07 PM EDT Allegan City Council members approved agreements establishing the Allegan District Library Monday, Aug.
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Victim of school beating says she fears ridicule
Penelope, a sandhill crane at the St. Charles Waterfowl Observatory on East Spruce is missing part of his beak.
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Children still face uncertain future months after mother's murder
A man is accused of killing the mother of his children. Now the question is who will receive custody of their two kids.
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Man lands small plane in Allegan Co. cornfield
Michigan State Police say a plane went down in Allegan County Sunday afternoon. It crashed near 115th Avenue and 59th Street in Clyde Township.
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Perrigo posts higher Q4 profit, sets 2009 view
Generic drugmaker Perrigo Co posted a 46 percent rise in quarterly profit, helped by strong sales in its consumer healthcare segment and set a fiscal 2009 earnings view that would meet or beat expectations.
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Agreement between colleges will allow Allegan County residents to...
It will soon be possible to earn a four-year college degree without leaving Allegan County.
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Early deadlines announced
Friday, August 22, 2008 11:02 AM EDT The Allegan County News reminds readers that special deadlines are in effect for the Sept.
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Sister of alleged murderer sentenced in Tyo case
Tuesday, August 19, 2008 11:24 PM EDT The sister of accused murderer Kristofer Thompson will spend six months in jail and three years on probation for assisting him after he allegedly killed Troy Tyo of ...
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DNR Seeks Public Comment on Calkins Bridge Dam on Kalamazoo River
Department of Natural Resources fisheries officials want sportsmen who recreate along the Kalamazoo River at Calkins Bridge Dam to know they have a rare opportunity to have a say in how the dam operates.
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State warns vets of disease in dogs
Veterinarians across the state are on high alert after two area dogs died of a little known, yet deadly, disease.
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Barn fire causes explosion in Allegan County's Trowbridge Township
No one was injured on Saturday when a fire started in a Trowbridge Township pole barn, igniting two propane tanks inside that exploded, according to Otsego Fire Chief Vince Pagano.
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Otsego Township board reverses settlement
Otsego Township board members voted 4-1 on Aug. 11 to reverse an out-of-court settlement with Bittersweet Ski Resort Inc.
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Sister of accused Tyo killer sentenced
Court documents show Ford Motor Co., Procter & Gamble Co. and General Electric Co.
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City will again seek street bond Nov. 4
Wednesday, August 13, 2008 4:37 PM EDT The City of Saugatuck, whose May 6 request for a street-repair bond failed by seven votes, will try again Nov.
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Allegan requests clarification on license agreements
Wednesday, August 13, 2008 4:45 PM EDT The Allegan City Council tabled two issues during their regular meeting, Monday, Aug.
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Allegan park proposal passes, renovations may still be delayed
The City of Allegan is one step closer to Jaycee Park improvements thanks to a successful proposal on the Aug.
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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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