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Anchorville, 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 Anchorville, 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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Anchorville, Michigan News
Oakland, Macomb cities look to draw homebuyers to open house events

"We're trying to build awareness for the wonderful community we have here"

Organizers are planning to stage one of the largest communitywide events in several years with a joint open house of schools, city services and homes in Madison Heights and Hazel Park. via C & G Newspapers


Callers share thoughts on Chief Hawks

"Are there any play groups around Kimball Township or Marysville for babies, 9 months and older?"

We're thinking about Raymond Hawks today. Let's start with a couple of comments. via The Times Herald


Work to squeeze I-94

"That's why we're putting a lot of effort and a lot of monetary investment into that stretch of the highway."

The ride along St. Clair County's major artery has to get a lot rougher if it is to get smoother. via The Times Herald


SC4 group wins honors

The Lambda Mu chapter of the Phi Theta Kappa International Honor Society at St. Clair County Community College was recognized as a top chapter during the 90th annual Phi Theta Kappa International Convention. via Times Herald


Residents differ on rebate spending

"We're going to double it. You bring in a $600 rebate, you can buy $1,200 (in the store)"

Economists and policy makers are asking people to channel this year's $600 tax rebate into the local economy, but local residents have mixed feelings about how to put the federal $600 tax rebates to good use. via Times Herald


Rising star Izzi has local ties, racing Supercross at Ford Field

Some might guess Nico Izzi is an Italian soccer player or a Formula One driver. Those who follow motorcycle racing, however, know the 17-year-old Izzi as one of the best young supercross/motocross riders in the ... via Detroit Free Press


Online

When Denny McLain stood baseball on its ear 1968 was The Year of the Tiger in China, The Year of the Tiger in baseball and clearly the year of Tiger Denny McLain. via Detroit News


Crime spree and car chase end in Sanilac County arrest

A 20-year-old and an 18-year-old from Croswell are expected to be arraigned today after a short Monday morning crime spree in St. via Times Herald


Report predicts growth in suburbs, decline in Detroit

"The strongest growth will happen at the edges of the urban area, where land is available and jobs are within commuting distance"

A Southeast Michigan Council of Governments report released Friday indicates that Metro Detroit's suburban population will continue to grow through 2035, but the city is expected to see a steep decline. via Detroit News


Report: Detroit's population to continue shrinking

A new report projects that Detroit's population will fall to about 705,000 by 2035. via WLNS-TV Lansing


Detroit News Online

Grinnell's pianos and the world's largest mass piano concerts In l872 Ira Grinnell founded his piano firm in Ann Arbor. via The Detroit News


ALERT: Wind Advisory at Midnight

The National Weather Service has issued a Wind Advisory for much of Southeast Michigan beginning at Midnight tonight. via WXYZ


Harsh winter kills hundreds of ducks

"I think we've had worse winters than this"

An unusually high number of dead ducks have been found along the shoreline of Lake St. via Macomb Daily


Students receive awards at science fair

Almost 300 students, from fourth grade through high school, submitted 265 projects for the 13th Annual St. via Times Herald


State releases traffic crash data

Thirty-two people were killed in 29 fatal traffic accidents last year in St. Clair and Sanilac counties, according to data released today by the Michigan Office of Highway Safety Planning. via Times Herald


Work on nearly 6 miles of M-25 begins on Monday

The Michigan Department of Transportation has announced it will begin roadwork on a 5.8-mile section of M-25 this spring. via Times Herald


St. Clair RESA lauded for transparency

"We can defend what we're doing, why we do it. We don't have anything to hide."

The St. Clair County Regional Educational Service Agency has been recognized as being remarkably transparent in reporting its financial data online. via The Times Herald


Commenting on Web site aids township

Fort Gratiot is pursuing an original way to raise money for a public project. The township clerk will tell us about it. via The Times Herald


Thank You Notes

The Clay Township Goodfellows would like to thank the following persons, businesses and organizations for their generous donations this past holiday season: Channel View; Pearl Beach Lions; Bud's Garage and ... via The Times Herald


Lake tops county agenda

"This will be a group comprised of municipal, county, state, (Native American) tribal, Canadian provincial and federal leadership, as well as other key stakeholders who border the lake"

Macomb County board Chairman Bill Crouchman on Tuesday announced the formation of a "groundbreaking" group that will bring together officials on both sides of the U.S.-Canadian border to work on fixing Lake St. via Macomb Daily


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