Hancock, 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 Hancock, 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
| Hancock, Michigan News |
TV6 Canathon
The Keweenaw continues to help feed a hungry neighbor, donating to the TV6 Canathon.
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Detroit family pulls up stakes for U.P.
HANCOCK - Last September, Naomi and DeShun Parker escaped Detroit and moved to the Copper Country in search of a better life.
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Tonight on TV6 Friday
Here's a look at what we're working on for tonight's news. Friday, November 07, 2008 at 1:50 p.m. Cliffs Natural Resources has put out the word that layoffs could be coming to the Marquette Iron Range.
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Well-Being Newsmakers:
Munson Medical Center has received verification as a Level II Trauma Center by the American College of Surgeons.
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Tonight on TV6 Wednesday
Here's a look at what we're working on for tonight's news. Wednesday, October 29, 2008 at 1:06 p.m. M-DOT has a new plan for plowing UpperA Michigan's state highways this winter.
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Tonight on TV6 Monday
Here's a look at what we're working on for tonight's news. Monday, October 27, 2008 at 1:33 p.m. These are your stories for Monday, October 27, 2008.
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Sign thieves show no partiality
You might have one in your front yard, or perhaps can see one in your neighbor's. From local races to the United States Presidency, political signs are scattered every few feet along highways and neighborhoods.
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4th Inf. Div. relies heavily on linguists
" Depending on which theory or theology a person prescribes to, it is widely believed that mankind spoke the same language once; and then in an instant, or over a matter of years and migration, the language ...
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Lawyer finds no sting in keeping bees
Months ago, Mt. Pleasant attorney Toni Sessoms began compiling a honey-do list that she hopes will grow markedly in the years ahead.
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UP man dead after crashing into building
Forty-eight-year-old Jay Sigurd Seppanen is dead after his vehicle crashed Monday night in Hancock, Michigan, TV 6 reports.
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Artists help city fight blight; plan more works
Blight spreads like an unchecked staph infection in Ruby Lee's Houghton/Jones neighborhood on the East Side.
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Fatality in Hancock
Crash investigators from the Michigan State Police are in Hancock this morning, trying to figure out what happened in a fatal crash Monday night.
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Tonight on TV6 Sunday
Here's a look at what we're working on for tonight's news. Sunday, October 12, 2008 at 2:55 p.m. A memorial for the three Dickinson County teenagers who were murdered in a shooting rampage near the East ...
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Cultures come together
The air in Hancock rang on Saturday morning with the voices and music of people from all over the globe.
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Tonight on TV6 Friday
Here's a look at what we're working on for tonight's news. Friday, September 12, 2008 at 12:40 p.m. This time last year, Michigan legislators were bracing for an governmental shutdown.
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Family of pasta makers moves on
Now the production manager for the Baroni Company in Calumet, former owner Nancy Baroni insists she has no regrets about letting go of a business that's been in the family for over 70 years.
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Pill disposal the right way
Throwing her unused and expired prescriptions in the D.U.M.P. box is what senior Gladys Tapio has been doing for the last four years.
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Dirt bike suspect arraigned
A downstate Michigan man was arraigned in Houghton District Court Friday for concealing stolen property, more than a year after a Suzuki dirt bike was stolen from M and M Powersports in Hancock.
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Water flow to surge
Fire hydrants in Hancock will see a flow increase of 40 percent by the end of fall, after crews finish replacing the 70-year-old transmission water main.
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Monte Carlo destroyed by fire
The Monte Carlo, a longtime bar on Ethel Avenue in Hancock, was destroyed by fire Tuesday morning.
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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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"Every other company said they could not help us. After speaking to about five companies, we really believed that no one could. Then we called Somerset, and your company proved us and those other companies wrong. We can't thank you enough for all your hard work and effort in getting us a low fixed rate. We can now breathe easier..." - L. Braun
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