Deford, 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 Deford, 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
| Deford, Michigan News |
Local state legislators are headed back to Lansing
Voters chose to keep State Rep. Jeff Mayes, D-Bay City, in office on Tuesday along with colleagues Tim Moore, R-Farwell, and Terry Brown, D-Pigeon. Mayes, who represents the 96th District, won a third, two-year ...
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Continue reading "Blessings return to 'Angels With Paws'"
More than a dozen canine members of Mid-Michigan Therapy Dogs lined up Saturday at the altar of St.
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District Court
Timothy Ray Clouse, 19, Kingston, is charged with assault with a dangerous weapon; malicious destruction of property, less than $200. Pretrial is set for Sept.
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Truck/pedestrian accident still under investigation
' The car-deer accident that turned into a car-pedestrian accident Tuesday is still under investigation, and one woman who was involved is still hospitalized.
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2 Pedestrians Injured In Morning Crash
Tuscola County Sheriff's deputies were dispatched to Deckerville Road around 6 a.m. in response to a call that a person had been hit just east of Deford, Mich., just west of Cemetery Road.
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Lucky Thumb races go well
The Lucky Thumb Motorcross Club held short track races at their course in Deford last weekend on both Saturday and Sunday.
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Campaign finance records show Brown, Stupak raising most money
Some state and federal incumbents are winning the race when it comes to fundraising, including State Rep.
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Deford Man Gets New Trial In Drunken Driving Death
The Michigan Court of Appeals said a man convicted in a 2004 fatal drunken driving crash should get a new trial in part because a jury wasn't told the victim's blood tested positive for marijuana.
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3 GOP candidates vying to challenge Brown in November
Some Republican candidates in the 84th District State House race give a thumbs down to the state of Michigan's economy.
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The Michigan Thumb's leading news and information Web site
Keith Allen Staple, 31, Burton, is charged with police officer assaulting/resisting/obstructing. Pretrial was June 30 and preliminary exam was July 3. Jeremy John Maguire, 22, Mayville, is charged with breaking ...
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The Michigan Thumb's leading news and information Web site
Charles Eldon Bills III, 35, Vassar, is charged with home invasion, second degree; interfering with electronic communications; two counts of domestic violence.
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Candidates file for August primary
Candidates for state and federal office have filed for a spot on the Tuesday, August 5 primary ballot.
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School district says man is terrorizing children
"I ain't no threat. I don't want nothing to do with that school district. I wish they would get off my back and leave me alone" Parents and school administrators allege a man is terrorizing their district, saying the man chased down a school bus and threatened the bus driver. via WJRT
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For-Mar facelift
"I'll get my grandkids out here." A mounted great blue heron keeps Joe Biskner of Deford, Mich., company as he applies joint compound to a crack in the ceiling of the visitors center at For-Mar Nature Center and Arboretum on Thursday as the ... via The Flint Journal
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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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"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
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