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Reverse Mortgage
Divorce Buyouts
Debt Consolidation
Home Improvement
Purchase
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Hamburg, 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 Hamburg, 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
| Hamburg, Michigan News |
Toys for Tots needs are greater this year
The local need is greater than ever, but Borek Jennings Funeral Homes hope to meet a part of it with its annual Toys For Tots campaign.
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I-96 will see many projects in new year
In addition to the high-profile road projects in Hamburg Township, road crews will be working all over Livingston County in 2009.
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Road work will choke Hamburg
There will be some total road closures, detours and traffic backups, especially during peak traffic times, but officials say getting the jobs all done at once will prevent future headaches for Hamburg ...
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Lawmaker looks back on ups, downs in House
His quick ascension to power as the No. 2 man in the state House of Representatives could perhaps be matched only by his precipitous fall from the GOP's favor.
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Court Docket: Assault hearing waived
A Hamburg Township man accused of striking his wife with a blunt object waived a preliminary hearing Wednesday, sending his case to Circuit Court for trial.
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Hamburg Township police seek man for questioning in suspected drug death probe
A man who police believe turned on the lights and television in his rented room, then left a dead woman behind on his bed is being sought for questioning.
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Hamburg officials OK land purchase
A piece of property near its eastern boundary could help Hamburg Township solve two problems at once.
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Paying his way, with goat milk Putnam Township student builds up dairy with local support
A sixth-generation Putnam Township farmer has found an innovative way to use goats to help pay for college and contribute to the preservation of the family farm.
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Nashville music producer pays county a visit
Livingston County musicians interested in the Nashville music scene may want to be in Hamburg Township on Saturday.
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Man freed on bond after court overturns 1992 conviction in Livingston County slaying
A Brighton man imprisoned in a 1992 slaying has been released on bond after a divided federal appeals court panel overturned his conviction last summer.
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Hamburg sewer rates to increase in January
Residents connected to Hamburg Township's sewer system will see a rate increase in their January bills.
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Roundabouts coming to Hamburg
Construction of a roundabout at Winans Lake and Hamburg roads in Hamburg Township is now expected to move forward next year.
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Brighton school taxes struggle
Two tax proposals to finance computers and buses and maintain buildings in Brighton Area Schools failed Tuesday night by a 3-2 margin, with 93 percent of votes counted.
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Polls set for voter surge
Despite today's projected 80 percent overall voter turnout in Livingston County, many local clerks don't expect major hiccups at the polls.
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Hamburg's Skiba bests write-in, Dem challenges
Giant red pencils, a barrage of literature and door-to-door campaigning helped Joanna Hardesty get about 2,200 write-in votes in Tuesday's general election, but it wasn't enough to earn her a third term as ...
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New officer joins police in Hamburg 23-year-old a 2004 Hartland graduate
A lifelong Livingston County resident is the newest member of the Hamburg Township Police Department.
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Republicans leading House race
Two more Republicans on Tuesday night appeared headed to victory in races for the state House of Representatives.
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Court Docket: Man pleads not guilty to assaulting wife
A Hamburg Township man pleaded not guilty Saturday to charges he physically assaulted his wife, who was found by police bleeding profusely from the head.
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Memorial Service on Hold After Urn Stolen
A Livingston County family is forced to put a memorial service on hold after a loved one's ashes are stolen.
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Candidates to sound off Thursday
By now, many Americans already know which presidential candidate is going to get their vote.
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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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