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Eastpointe, 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 Eastpointe, 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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Eastpointe, Michigan News
Three Men & A Tenor put on one-night show

Three Men & A Tenor head back to the State Theatre to put some jingle in the holidays.


Under construction

Carl and Jeanne Reichert of can build and decorate a house from top to bottom in about three years.


Detroit man pleads guilty in Macomb County carjacking

A Detroit teen charged with carjacking a 79-year-old Eastpointe man at gunpoint pleaded guilty today Macomb Circuit Court, according to court records.


Festival celebrates Native American history, tradition

They are a people with a long and rich history. They form a community that embraces tradition and heritage.


Bike Rack Art

Why settle for boring bike racks? Cities across the United States are installing artistic bike racks, some of which look too good to chain your bike on to! This one above is created by artist Tom Crimboli of ...


Long lines, machine problems at the polls

Long lines were a common sight at polls throughout Metro Detroit this morning, with some precincts in Oakland County running low on ballots less than two hours after opening.


Police catch wanted Virginia murder suspect

The people on police most wanted lists sometimes elude authorities, but one of Virginia's most wanted men was taken down by Eastpointe police after a traffic stop took an unusual turn.


Evacuation at Livonia FedEX Facility

A chemical spill has triggered a Hazmat situation at the FedEX facility in Livonia.


Chesterfield voters support fire millage

Eastpointe's controversial district court judge appeared headed to defeat, while a Chesterfield Township tax to support fire department operations and two charter amendments in Eastpointe were heading for ...


Virginia murder suspect arrested in Eastpointe

A man wanted for murder in Virginia is being held at the Macomb County Jail today after he was arrested by Eastpointe police.


Macomb County news briefs: Rotary Club to aid food banks, others

The Eastpointe Rotary Club is to hand out checks Tuesday to organizations that are usually in the position of giving help.


48 hours

The top 10 finalists -- Chelsie, Courtney, Gev, Jessica, Joshua, Katee, Kherington, Mark, Twitch and Will -- will show off their fancy moves.


Eastpointe shouldn't label witnesses

It is enough of a burden to serve as a witness in open court, taking time away from work and risking the possibility of reprisal.


Walgreens robbery suspect likely hit other stores, Eastpointe cops say

Police are looking for a man who robbed a drug store at 10 Mile and Gratiot this morning, and they believe he is responsible for at least nine other store robberies across Metro Detroit.


Police Search For Serial Robber

Police are searching for a serial robber believed to have hit 9 stores across the area over the last 2 weeks.


Half the Harper Woods city council is target of recall

A former Harper Woods firefighter wants to recall three City Council members, saying they failed to support proper fire department staffing levels, have not met their responsibility to provide fiscal oversight ...


Ride on

The scenario is one that might have evolved from the script of a classic or contemporary chick flick - women of varying ages and backgrounds encountering friendships, the great outdoors, fun and fitness, animal ...


Canton man accused of stealing from elderly residents

Police say a 72-year-old Sterling Heights man has been preying on people in their 90s throughout three counties over the past year.


Eastpointe man accused of helping 40 businesses steal electricity, gas

A 48-year-old man helped 40 area businesses defraud DTE Energy of more than $1 million by tampering with gas and electric meters, company officials said Tuesday.


Adolescent literacy skills getting attention, too

Ellen Rose's sophomore language arts students weren't just reading an Arthur Miller essay.


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