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Drummond Island, 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 Drummond Island, 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
| Drummond Island, Michigan News |
Paddle-to-the-Sea
Reading Beardslee releasing Paddle into the St. Mary's River to begin its journey to the sea.
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2009 Honda Pilot vs. Ford Flex, Chevy Traverse, Hyundai Veracruz, Mazda CX-9, Toyota Highlander
We compare six family haulers and, amazingly, drown none of them. When we last visited Michigan's Drummond Island [" Mud Puppies ," February 2008 ], we compared nine Lilliput SUVs and quickly found ourselves in ...
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Local bus systems get grants
"At a time when bus ridership in many communities is at all time highs, it's important to make the investment to sustain and improve public transit services," Stupak said.
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New dial-a-ride buses for the Michigan Soo
NEWS RELEASE CONGRESSMAN BART STUPAK 1ST CONGRESSIONAL DISTRICT OF MICHIGAN ************************ Stupak secures $3.5 million in grants for local bus and ferry services WASHINGTON - U.S. Congressman Bart ...
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Dorothy Lucille Beck
Dorothy Lucille Beck, age 90, of Ashley, died Saturday, Sept. 6, 2008 at Ashley Care Center.
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Planning to swim today at Drummond Island? No?
Okay, here at SooToday.com World Headquarters, nobody's planning to skinnydip today at Drummond Island.
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Thunderstorms, hail possible in Michigan Soo area
The following severe weather statement was issued at 11:03 p.m. tonight by the U.S.National Weather Service.
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Drummond Islanders formed Voyageur corp
The town of Penetanguishene was initially settled 180 years ago by a number of French-Canadians and MA©tis. It was in 1828 that these men and women, most of who had previously been engaged in the fur ...
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Drummond Islanders formed Voyageur corp
The town of Penetanguishene was initially settled 180 years ago by a number of French-Canadians and MA©tis. It was in 1828 that these men and women, most of who had previously been engaged in the fur ...
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Helluva Horse event hits town
The Helluva Horse Event comes to Putnam Township this weekend, offering two days of horse activities, entertainment and more.
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President fund sparks research
From shoulder muscle tears to pitcher plants, researchers who won this year's President's Research Investment Fund spring competition span a wide variety of expertise.
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Great Lakes restoration plan set to be unveiled today
State officials and conservation activists say it's time for Michigan to do what it can to clean up the Great Lakes without waiting for leadership from the federal government.
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Thursday on Michigan This Morning
Too much sun isn't only bad for your skin...it can hurt your eyes, too. We'll show you a new way to zap away sun eye damage at 5:16 and 6:54. It's just about strawberry time, and Chef Hermann will put them in a ...
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My (hotel) room's weirder than your room.....
This boathouse at Drummond Island Resort falls under the "unique but wonderful" category.
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Driver dies after hitting post office truck
A Drummond Island man dies after hitting a mail carrier vehicle with his car. Investigators say 79-year-old Donovan Rhead didn't see a parked postal delivery vehicle stopped on the shoulder of Channel Road near ... via WTOM-TV Traverse City
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Drummond Island mail truck crash leaves man in critical
NEWS RELEASE CHIPPEWA COUNTY SHERIFF'S DEPARTMENT ************************** The Chippewa County Sheriff's Office is investigating a motor vehicle accident which occurred on Drummond Island shortly before 11 ... via SooToday
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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 prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.
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