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Grosse Pointe, 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 Grosse Pointe, 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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Grosse Pointe, Michigan News
Kilpatrick files to get law license suspended, not revoked

An attorney for former mayor Kwame Kilpatrick late today filed a petition with the state Attorney Discipline Board to have the revocation of Kilpatrick's law license downgraded to a suspension.


Church activities

Christ Church Christ Church Gifts and Greens Sale will be Friday, Dec. 5 through Sunday Dec.


Santa parade had humble beginnings

In the fluid world of organizing Santa Claus parades, the last thing Terri Berschback wants is rain.


Parker, Zade earn All-State honors

Grosse Pointe South senior Alex Parker and Grosse Pointe North sophomore Doug Zade each made All-State First Team honors.


Church activities

Thanksgiving celebration A non-sectarian Thanksgiving celebration, under the direction of Grosse Pointe Congregational Church and the Jewish Council of Grosse Pointe will be held at 7:30 p.m. Tuesday, Nov.


MAC doles out All-Conference honors following season

The top boys soccer players in the Macomb Area Conference's five divisions were recently honored as All-Conference selections, with Most Valuable Players and Coach of the Year winners chosen, as well.


Man charged in slaying after body was discovered in Clinton Township

A first-degree murder warrant was issued today charging a Fraser man in the homicide of a 30-year-old woman in Clinton Township this week.


Detroit council keeps charter change off ballot

Detroiters may have to wait nine more years before the city charter is revised, and some blame the delay on City Council members worried about job security.


Should GM Be Saved?

Should GM be saved? From a free market perspective, the answer is clear: "Heck no!" Unfortunately things just aren't that easy... So the members of the G20 met over the weekend, and it was pretty much as ...


Clues sought after woman's body found in old gravel pit

Clinton Township police were investigating the death of a woman whose body was found partially submerged in about 3 feet of water in an old gravel pit in the area of the Grosse Pointe-Clinton incinerator.


Wayne County news in brief: Meals on Wheels help is needed

The Detroit Area Agency on Aging Holiday Meals on Wheels program is seeking volunteers to pack, distribute and deliver fresh-cooked meals to homebound seniors in metro Detroit.


Hip bachelor bets on Detroit Garden Court condominium

Ryan South, 25, looked at about 150 houses for sale on Metro Detroit's eastside before he realized what he really coveted.


...tell me more

La Societe des Jardiniers The La Societe des Jardiniers meet at noon Thursday, Nov.


Attorneys: Kilpatrick's Law License Should Be Reinstated

While former Detroit Mayor Kwame Kilpatrick sits in Wayne County Jail, his attorneys have said they may challenge the sentencing judge's ruling of revoking Kilpatrick's law license.


Exhibit featured at AMC 20 Theaters Tuesday

State Sen. Glenn S. Anderson and Livonia AMC 20 Theaters have collaborated to treat metro Detroit veterans to a free screening on Veterans Day of Clint Eastwood's film, Flags of our Fathers, on Veterans Day ...


Church activities

LTA Lay Theological Academy hosts the Covenant Players for an evening of original dramatic works based on the life and teachings of Paul at 7:30 p.m. Wednesday, Nov.


...tell me more

Holiday mart The free opening reception for the Detroit Artists Market Annual Art for the Holidays is from 6 to 9 p.m. Friday, Nov.


Church To Protest Local School Play

GROSSE POINTE, Mich. - A Kansas church said it plans to protest the Grosse Pointe High School production of "The Laramie Project." The play highlights hate crimes against gays after the 1998 beating death of ...


1ST District State House: Democrat Bledsoe out in front in the Pointes

Democrat Tim Bledsoe was leading Republican Mary Treder Lang for the state House 1st District seat with 96% of precincts reporting.


Someone's house is getting T.P.ed every day until Christmas

This is a true story: A woman in Grosse Pointe, Michigan refused to give Halloween candy to children whose parents support Barack Obama for president.


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