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Higgins Lake, 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 Higgins Lake, 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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Higgins Lake, Michigan News
Transportation Funding Task Force to meet Oct. 13 in Roscommon

WHAT: The Transportation Funding Task Force, a bi-partisan task force appointed by Gov.


Just Fall Bits

Well it seems that fall is really here. After a truly beautiful summer day last Saturday - the little girls even took a dip in the chilly Au Sable River - the cooler fall temperatures have arrived.


South Higgins Lake State Park Presents 'Higgins Harvest Festival' Oct. 3-5

South Higgins Lake State Park will host a fall harvest festival the weekend of Oct.


Elmer E. Barker

Elmer E. Barker became part of our lives on Jan. 28, 1920, the third child born to Louis and MaryAnn Barker in Westphalia, Mich.


You Told Us: Obama supporters praise his speech

Supporters of Barrack Obama loved his speech, but some readers reminded us that he is indeed a politician, and the key will be see what he does.


Bargains on the auction block

Michigan's rough economy and oversupply of homes has created the backdrop for a September auction of nearly 400 new homes and lots owned by 20 local builders and developers.


Freeland man drowns in Higgins Lake

A 32-year-old Freeland man drowned Friday evening on Roscommon County's Higgins Lake.


You Told Us: Obama supporters praise his speech

Supporters of Barrack Obama loved his speech, but some readers reminded us that he is indeed a politician, and the key will be see what he does.


Dakers

Karlis and Janet Dakers of Higgins Lake, formerly of St. Johns, will celebrate their 50th wedding anniversary Aug.


Dakers

Karlis and Janet Dakers of Higgins Lake, formerly of St. Johns, will celebrate their 50th wedding anniversary Aug.


Pie-in-the-sky Gaylord theme park

Some facts about the proposed pie-in-the-sky Grayling theme park: - In June 2006, Axiom Entertainment of Rochester signed a 12-month letter of intent to purchase 1,800 acres of state-owned land, located south ...


7/27 - Patrols Looking Out for Boaters

Warm weather equals more weekends on the water for boaters. The Roscommon County Sheriff's Department has boat patrols out every day on both Houghton and Higgins Lake.


7/27 - Patrols Looking Out for Boaters

Warm weather equals more weekends on the water for boaters. The Roscommon County Sheriff's Department has boat patrols out every day on both Houghton and Higgins Lake.


Teens feel the squeeze

Michael J. Shepherd remembers when filling the tank of his 1992 Grand Prix was an afterthought, a task given as much consideration as ordering a Coke at the McDonald's drive-through. It's a far different scene ...


14-year-old has high hopes for return of Pigeon River habitat

Editor's note: Austin Alexander is a 14-year-old Howell resident who for the past several years has been flyfishing the Pigeon River with John Walters, a family friend and president of the Headwaters Chapter of ...


Teens feel the squeeze

Michael J. Shepherd remembers when filling the tank of his 1992 Grand Prix was an afterthought, a task given as much consideration as ordering a Coke at the McDonald's drive-through. It's a far different scene ...


Programs on the Civilian Conservation Corps Planned for North Higgins Lake and Young State Parks

The Department of Natural Resources announced that two programs celebrating the history of the Civilian Conservation Corps in Michigan will be presented at two state parks this summer.


4th Of July Crackdown On South Higgins Lake

Police picked a northern Michigan state park to be a focus of added patrols this 4th of July.


Police trying to stop underage drinking

Friday, July 04, 2008 at 6:00 p.m. "It's some place we've always come to. It's a beautiful lake." Fred Berry has spent many summers at Higgins Lake in Roscommon County.


State workers: Thank God It's Thursday

As fuel and energy costs continue to soar to record highs, a growing number of states are offering more of their public employees compressed workweeks to hold down states' energy spending and give long-distance ...


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