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Alma, 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 Alma, 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.

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Alma, Michigan News
Second City Makes Return Visit to Alma

Cutting-edge improvisation, hilarious satire and a chance to see comedy stars in the making will highlight a performance of The Second City Friday, Sept.


Rail-trail is not yet finished, but attracts bicyclists

Even though the Fred Meijer Heartland Trail has yet to be completed, the route in and around Alma is already popular, attracting lots of bicyclists.


Russ Harding calls corporate welfare bill an act of socialism

The last couple of years, a couple of developers have been trying to build in the city of Alma something called an "energy park." Economic development people in Gratiot County are really excited about the ...


Preterm Common Seminar Examines Early History

New Students Descend on Alma for Start of Another School Year Another potential record-breaking class will descend on Alma College Aug.


Schauer unveils energy legislation

I'm going off a press release here, so I haven't seen the details, but Mark Schauer today introduced legislation that appears to closely resemble Democratic legislation at the federal level requiring oil ...


Harris - Findlay

Steven Harris and Beverly Mechem of Alma announce the engagement of their daughter, Marsha Harris, to James Findlay, son of Dan and Sue Findlay of St.


Princeton Review Selects Alma as 'Best in the Midwest'

Alma College is one of the best colleges and universities in the Midwest, according to The Princeton Review.


Friendship leads Wheeler Township woman to write book

Patricia Gillis of Wheeler Township has penned her second book, "The Making of Darake Memorial House," that will be released Saturday during the Breckenridge-Wheeler Area Historical Society's annual Heritage ...


Gift Supports Hogan Center Construction

The basketball court in the new Hogan Center gymnasium/convocation center at Alma College will be named in recognition of a major gift from the C.S. and Marion McIntyre Foundation.


Gift Supports Hogan Center Construction

The basketball court in the new Hogan Center gymnasium/convocation center at Alma College will be named in recognition of a major gift from the C.S. and Marion McIntyre Foundation.


Gift Supports Hogan Center Construction

The basketball court in the new Hogan Center gymnasium/convocation center at Alma College will be named in recognition of a major gift from the C.S. and Marion McIntyre Foundation.


Gift Supports Hogan Center Construction

The basketball court in the new Hogan Center gymnasium/convocation center at Alma College will be named in recognition of a major gift from the C.S. and Marion McIntyre Foundation.


Gift Supports Hogan Center Construction

The basketball court in the new Hogan Center gymnasium/convocation center at Alma College will be named in recognition of a major gift from the C.S. and Marion McIntyre Foundation.


Higher speed limit on U.S. 127 raises concern in Alma

City officials are concerned about a decision by the state Department of Transportation to increase the speed limit on the U.S. 127 business route through town.


Cellulosic ethanol fuel gains traction in Michigan

In Our Opinion: Let market select best industries More Rebranding Michigan stories.


Cleanup of gasoline spill nearly complete

Traffic should be back to normal today since state road crews finished emergency repairs to M-32 west of Gaylord after a fuel tanker crashed and spilled about 1,500 gallons of diesel and gasoline.


Alma leaders concerned about speed limit chage

Alma city officials are concerned about a decision by the Michigan Department of Transportation to increase the speed limit on the U.S. 127 business route through town.


'Donkey bash' among highlights at Gratiot County festival Alma, Mich.,

The 59th Gratiot County Fair for Youth begins today and continues through Saturday at the Alma Fairgrounds.


12-year-old takes Gratiot Idol crown

With a voice that sounds nothing like a 12-year-old, Shuba Vedula took home first prize as the Gratiot Idol.


Gehring-Fish United In Marriage

Amy M. Fish and Dr. Thomas M. Gehring of Farwell, Mich., were united in marriage on April 19, 2008 at Community Baptist Church in Alma, Mich.


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