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Gowen, 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 Gowen, 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
| Gowen, Michigan News |
Woman critically injured when she pulls into path of truck
Rescue personnel move a woman injured in a crash with a semitrailer at 32nd Avenue and Adams Street on Thursday morning.
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Two motorcycles involved in crash
Police say that two motorcycles were involved in an accident on Larsen Avenue south of 19 Mile road near Gowen.
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Honor camp escapee may face life in prison
Just down the road from the Kent County sheriff's Honor Camp, Amanda Mergener noted a strong police presence in the area while getting her mail.
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School chief: Notify us of escapees
The superintendent of Greenville Public Schools said Friday police should have notified the district that an inmate walked away the day before from the Kent County Sheriff's Honor Camp.
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Suspect vehicle in carjacking, kidnapping located
Grand Rapids Police say they have located a vehicle stolen in Thursday's kidnapping and carjacking.
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Crash victim dies
Michigan Lt. Gov. John Cherry is grabbing the chance in Denver to woo hundreds of Michigan Democratic activists he'll need to back his 2010 run for governor.
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Charges for the man deputies say caused fatal accident
Richard Hill, from Greenville, has been charged with causing the Sunday night crash that killed a ten-year-old girl.
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Girl, 10, Killed In Car Crash
A 10-year old girl has been killed in a car accident, and police are saying the driver who caused the accident had been drinking.
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Woman in critical condition after one-car crash
A Gowen-area woman is listed in critical condition at Spectrum Health Butterworth Hospital after her car was found on its roof at 16 Mile Road and Harvard Avenue early Saturday morning.
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Chrysler CEO disputes report of loss of low-interest loans
Chrysler's financing arm is not in danger of losing the ability to offer consumers low-interest loans, Chrysler LLC Chairman and CEO Bob Nardelli told the automaker's employees Monday.
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Chrysler CEO disputes report of loss of low-interest loans
Chrysler's financing arm is not in danger of losing the ability to offer consumers low-interest loans, Chrysler LLC Chairman and CEO Bob Nardelli told the automaker's employees Monday.
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Article Comments
The Kent County Sheriff's Department is investigating a shooting near Gowen. It happened around 8:15pm at a home in the 13000 Block of 19 Mile Road near Larsen Road.
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Teen sentenced in break-in at Good Samaritan's house
"We have met the enemy and he is us" STANTON, Mich . -- A teenager who stole two generators from a man who had pulled his car out of a snow bank was sentenced to 10 months in jail and fined $500. Justin J. Rasmussen of Gowen went to the home of ... via Detroit News
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Teen Sentenced in Break-in at Good Samaritan's House
A teenager who stole two generators from a man who had pulled his car out of a snow bank was sentenced to 10 months in jail and fined $500. Justin J. Rasmussen of Gowen went to the home of 66-year-old Floyd ... via WWUP-TV Cadillac
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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 was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.
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