Grand Marais, 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 Grand Marais, 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
| Grand Marais, Michigan News |
All the Trimmings
Local artisan Kris Miller says she has been driven by three lasting passions - a fascination for textiles, the desire to learn the skills of years-gone-by, and a love for animals.
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Tips for the new economy - let's all live in pickle barrels
Worried about losing your job or even your house in the current downturn? Stop sweating! If worse comes to worse, we can all live in barrels, like this unique house in Grand Marais, Michigan.
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The art of ale
Greg Gerding says he was "baptized" in 1995 - but it wasn't the kind of religious baptism that most people think of when they hear the word.
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Tonight on TV6 Saturday
Here's a look at what we're working on for tonight's news. Saturday, October 04, 2008 at 4:06 p.m. Fall is here, and that mean's its time to celebrate.A The Fayette Historic State Park is hosting their annual ...
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Au Sable Day and Public Lands Day 2008
On Saturday, September 27, Pictured Rocks National Lakeshore will host the annual "Au Sable Day" at the historic 1874 Au Sable Light station near Grand Marais.
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...tell me more
Fox Creek Questers Fox Creek Questers No. 216 begins its fall season at the home of Mary Steiger at 12:30 p.m. Thursday, Sept.
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Hard (but fun) hardscaping questions
Posted on August 28th, 2008 9:43 AM By Robyn Dochterman Concrete blocks, fire bricks, big boulders.
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Carl Welser: 'You are my mark in the world'
Grandson Karl Christopher, age 8, practically wrote part of these words for me. At least he inspired them, however unwittingly.
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Lake Superior's disappearing harbour
Grand Marais harbour is filling up with sand and silt, endangering the village's tourism industry, The Detroit News reports.
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West Bay Diner postcard [Flickr]
The other side says: West Bay Diner, Grand Marais, Michigan - This rare 26-seat 1949 Paramount "Road King" diner car is the former Matamoras diner from the Pocono Mountains of eastern Pennsylvania.
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MDOT to present $1 million in Local Jobs Today funding to Alger...
July 31, 2008 -- Paving of H-58 between Grand Marais and Munising will continue this summer, thanks in part to a $1 million Local Jobs Today check to be presented Tuesday, Aug.
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...tell me more
Petunias in white created the 18th century Jasperware plaque by the Grosse Pointe Farm and Garden Club.
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Walter George Hampton
Walter George Hampton, age 94, of Howell, went to be with the Lord on July 28, 2008, following a brief illness.
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H-58 construction
The Alger County Road Commission is set to pave H-58. The route runs through the Pictured Rocks National Lakeshore, connecting Munising to Grand Marais.
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H-58 construction
The Alger County Road Commission is set to pave H-58. The route runs through the Pictured Rocks National Lakeshore, connecting Munising to Grand Marais.
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Grand Marais Fly-In
For most pilots, flying high in the sky is where they want to be. And with fly-ins at various Michigan airports throughout the Summer, many are touching down in the U.P. Saturday, Grand Marais hosted it's ...
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Famed MSU writers headline 'homecoming'
When Jim Harrison returns to campus Thursday, he knows the vibe will be different than during his years at Michigan State University in the early 1960s.
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Fund-raiser set for park
Organizers are preparing for a fund-raiser to help benefit a new park in Grand Marais.
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Your Pets - Skyah Marais Key
Skyah Marais Key is a 112-year-old shih tzu who lives in Holland. Skyah means "sky cloud" and represents life, beauty, strength and love.
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Detroit Mayor Kwame Kilpatrick hurting business
Detroit Mayor Kwame Kilpatrick's text-messaging escapades already have tarnished the image of the city and Michigan.
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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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