East Jordan, 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 East Jordan, 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
| East Jordan, Michigan News |
12/1 - Snowfall Diminishes But Continues
Winter Storm Warnings remain posted for slow and difficult traveling conditions due to more snowfall and blowing snow.
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December opens with a blast of weather
December got off to a snowy start today, Monday, around Northern Michigan as residents awoke to find several inches of the white precipitation on the ground.
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Cases heard recently in Emmet County District Court
The following cases were heard recently in Emmet County's 90th District Court: - Kaitlyn Kristine Grubaugh, 17, of Petoskey; minor in possession of alcohol; six months probation; pay $200 in fines and costs - ...
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Week in Review:
A man faces criminal charges for a Charlevoix County crash that left two children dead.
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Tea Table Listing Updated
Thursday, Nov. 20 The Rotary Club of Charlevoix meets 7:30 a.m. every Thursday at the Flap Jack Family Restaurant, 102 W. Carpenter, Charlevoix.
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Skyler and Taishaan Moore funeral arrangements
Funeral arrangements are made for two Central Lake Middle School students who died in a car accident in Charlevoix County.
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Man charged in crash that killed children
A man faces criminal charges for a Charlevoix County crash that left two children dead.
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East Jordan man faces felony charges in connection with crash that killed two
An East Jordan man is facing three felony charges in connection with a traffic crash that claimed the lives of two children from East Jordan late Sunday.
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Traffic crash claims lives of two Central Lake students
A one-vehicle traffic crash claimed the lives of two children late Sunday. Just before noon today, Monday, Charlevoix County Sheriff George T. Lasater confirmed the students' identities as Skylar Moore, 12, and ...
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Semi and pick-up crash head-on
Timothy Aldrich of East Jordan is injured after a head-on crash. Thursday, November 13, 2008 at 11:10 a.m. Wednesday night deputies say a pick-up truck driven b y 53-year-old T imothy A ldrich of E ast J ordan ...
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East Jordan Iron Works marks 125 years
The East Jordan Iron Works, one of Charlevoix County's largest and oldest employers, celebrated its 125th anniversary Monday with a gathering at the location it has called home for more than a century.
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Poll shows Arab youth more hopeful of future
The rising cost of living and overall economic outlook concerned both groups: 43% of Western youth and 30% of their peers in the Arab world.
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Jordan, Israel work to overcome regional water deficit
The grass isn't always greener on the other side of the fence. While Israel's water crisis is severe and much publicized, Jordan's is much worse.
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Crash kills man in Wilson Township
An Ellsworth man died in a head-on car crash in Wilson Township. James Richard Browe, 65, was killed in a collision with a vehicle on East Jordan/Boyne City Road at about 4 a.m. Wednesday.
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Tea Table Listing Updated
A daughter, Addison Josie Parks, was born to Jeremy and Jessica Parks of Boyne City at 8:07 p.m. on Oct.
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Fatal car accident in Charlevoix County
Sheriff's deputies say the accident happened just before four o'clock Wednesday morning on the East Jordan-Boyne City Road Wednesday, November 05, 2008 at 1:29 p.m. I nvestigators in C harlevoix C ounty are ...
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Donation given to deserving individual
Last Tuesday, Oct. 28, I made a final donation of $4,101.20 to Petoskey resident Amy Wilson - and it's all thanks to you.
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Tea Table Listing Updated
A daughter, Riley Addison , was born to John and Kelly Paulsen of Petoskey on Oct.
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Tea Table Listing Updated
Births A daughter, Addison Josie Parks, was born to Jeremy and Jessica Parks of Boyne City at 8:07 p.m. on Oct.
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East Jordan Iron Works Cutting Back
East Jordan Iron Works, the well-known producer of castings for various construction and municipal uses, has begun instituting layoffs in response to an ongoing decline in new orders.
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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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"Every other company said they could not help us. After speaking to about five companies, we really believed that no one could. Then we called Somerset, and your company proved us and those other companies wrong. We can't thank you enough for all your hard work and effort in getting us a low fixed rate. We can now breathe easier..." - L. Braun
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