Hanover, 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 Hanover, 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
| Hanover, Michigan News |
Fallen tree kills worker, 45
Always worried about her fiance's safety, Kim Lentz talked to the Jackson County Road Commission worker every day at lunch time.
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Road Commission worker dies after being hit by tree limb
A Jackson County Road Commission worker died today after a tree limb hit him in the head.
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Pair charged with fraud in mortgage investigation
Two more people have been charged with fraud as part of an ongoing effort by state and local authorities to crack down on mortgage scams.
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Whether for eating, cider or baking, it's apple time
The pumpkins are orange, the apples are crimson, the grain is golden, and cider is flowing in amber rivulets.
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Investigators suspect bar dispute led to arson
Investigators suspect a dispute at a bar in Hanover overnight precipitated an arson fire early this morning.
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Clinton Area Ambulance Change is in the works
ST. JOHNS - Clinton Area Ambulance Service Authority is undergoing change. And that should be a good thing, according to some ambulance board members.
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Speed showcased at speedway
The Springport Motor Speedway on Sept. 6 saw many competitors get rather creative, using different techniques to make their race cars go a tick faster around the big 3/8-mile track.
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Jackson GOP plans fundraiser barbecue
The Jackson County Republican Committee will hold a fundraising barbecue from 4 to 7 p.m. on Sept.
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County has few women leaders in local government
Among the leaders in Jackson County local government, it's almost an all-boys club.
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DAYBOOK
DAYBOOK Deaths Douglas R. Martin, 64, of Jackson died Monday, Aug. 25, at home. He is survived by his wife, Sherry; a daughter, Marsha Martin; two sons, Douglas and Charles Martin; a stepdaughter, Candi Saylor; ...
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Rite of Summer
Peaches, like these Coral Star peaches picked last week by Antonio Lopez, of Mattawan, are in season right now.
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Dog groomer brings the grooming to you
Now you can get your dog groomed without leaving home. Columbia Mobile Pet Grooming offers dog bathing, brushing, hair cutting, nail clipping, ear cleaning and other services out of a trailer with its own ...
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Holt's Deubel battles at Springport
SPRINGPORT - Storms that threatened to cancel the Aug. 9 race at Springport speedway passed, allowing drivers to take to the track for a full night of racing.
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Miles takes Mod win at Springport Speedway
The Springport Motor Speedway hosted Kids Night on Aug. 2 by giving away a number of bikes and opening up the track at intermission for autograph seekers.
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Fire destroys home
A mobile home was destroyed by fire before dawn Friday in Hanover Township. No one was injured.
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Fire destroys home
A mobile home was destroyed by fire before dawn Friday in Hanover Township. No one was injured.
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Fire destroys home
A mobile home was destroyed by fire before dawn Friday in Hanover Township. No one was injured.
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Fire destroys home
A mobile home was destroyed by fire before dawn Friday in Hanover Township. No one was injured.
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Fire destroys home
A mobile home was destroyed by fire before dawn Friday in Hanover Township. No one was injured.
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Fire destroys home
A mobile home was destroyed by fire before dawn Friday in Hanover Township. No one was injured.
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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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