Harrisville, 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 Harrisville, 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
| Harrisville, Michigan News |
December opens with a blast of weather
December got off to a snowy start today, Monday, around Northern Michigan as residents awoke to find several inches of the white precipitation on the ground.
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Timberrrrrrr! Time to find that perfect holiday tree Local farm operators say the big ones go first
Friday isn't just the start of the highly anticipated holiday retail sales blitz - it's also the official kickoff of the $41 million annual Christmas tree sales season.
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Retailers find the old-fashioned layaway service is attracting new, credit-strapped customers
Grace Cichocki, an associate at Big Kmart on Euclid Avenue in Bay City, counts out a layaway down payment for Laurie Ice of Bay City.
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Clinging to My Guns, Salt, and Light Bulbs
It's not just Second Amendment rights that Americans should be worried about, and it's not just President-elect Obama whom Americans should be worried about when it comes to the infringement of our rights - ...
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Corporate Welfare for Jurassic Park, Michigan
Corporate welfare for General Motorsa 'or more generally, for the Detroit Dinosaursa 'will cost us taxpayers and bond buyers tens of billions, no matter what.
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Lake effect snow forecast in parts of Indiana, Michigan
Officially, winter's more than a month away. But some people in the upper Midwest are getting an early taste.
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Crop price roller coaster a bumpy ride for farmers
This summer, with corn prices nearing a record $8 a bushel and a record corn harvest expected, it may have seemed that Michigan farmers were on track for one of their best years ever.
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Nearly All Fast Food In The US Uses Corn
Featured Article Main Category: Nutrition / Diet Also Included In: Veterinary ; Water - Air Quality / Agriculture Article Date: 17 Nov 2008 - 0:00 PST Using a carbon isotope to identify the type of feed eaten ...
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Ailing auto industry awaits returning lawmakers
A bailout for the nation's ailing automobile industry tops the agenda as lawmakers return to work this week to name leaders and reorganize committees for the new Congress convening in January.
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Hunting for fun: Sisters live it up when hubbies are in the woods
When their husbands are hunting, three sisters are out shooting for adventure. "Eleven years ago, my sisters and I decided that we were tired of being left behind while the husbands had all the fun hunting," ...
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Hunters gear up for deer
Steve Krause said despite a poor economy -- and thanks to lower gas prices -- he'll head north to the Alpena area to hunt this weekend, just as he has for the past 35 years.
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What's Your Child's Genetic Destiny For Disease?
Does diabetes run in your family? Or has a genetic test indicated that your child may some day be at risk for developing heart disease? In the current era of direct-to-consumer genetic testing, many fear that ...
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Local Students Salute The Edmund Fitzgerald
Tuesday, November 04, 2008 at 11:39 a.m. In honor of the 50th anniversary year of the launching of Michigan's most famous ship, the Edmund Fitzgerald, Pinconning Area Schools Drama Department will proudly ...
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The Holidays Are Nearing
Though times are hard for us these days, it is that time of year when the thought of giving is much needed and appreciated.Show an act of kindness, and share your ability to give. It could mean the difference of making some children very happy this Holiday season.Please donate to your local charity or fund raiser to help make sure these children have something under the Christmas tree to open this Christmas.
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AAA Michigan says gas prices down 34 cents
AAA Michigan says gasoline prices have fallen 34 cents per gallon over the past week to a statewide average of $2.26. Of the cities it surveys, AAA Michigan said Monday the cheapest price for self-serve regular ...
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Summit aims to reduce poverty
Kicking off a statewide initiative to reduce poverty and maximize economic opportunities, the Department of Human Services will host the Voices for Action Poverty Summit in Detroit on Nov.
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Detroit Free Press profiles Michigan as it transitions from...
People in Michigan don't see a light at the end of the economic tunnel and their uncertainty made itself known in a profile in today's Detroit Free Press.
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Evidence of a recession piles higher with new data
Government STOP wasting tax dollars, cut back on spending, NO PORK, cut our taxes.
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Detroit Metro Airport parking is taking off
Parking at Detroit Metropolitan Airport will be taking off. Beginning Nov. 15, fliers parking at the North Terminal's Big Blue Deck will pay $16 a day, up from $10. Effective Feb.
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Stupak deserves reelection
A fundamentally different view of government pervades the 1st Congressional District race, and from our viewpoint, U.S. Rep.
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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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