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Hillsdale, 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 Hillsdale, 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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Hillsdale, Michigan News
Stacy Hanna: Where and how to donate to people in need

Well, Thanksgiving weekend is over - and like most, you might have overeaten, overindulged and overspent.


Monarch Community Bank is drop-off location for Toys for Tots

November 21, 2008 Coldwater, MI - With economic times being tough for many families this year, Monarch Community Bank has teamed up with Toys for Tots and the Marine Corps Reserve for all of their branches to ...


Rotary Club meeting on Nov. 13

At the November 13 meeting of the Rotary Club of Albion, Rotarian Miriam Daly introduced the guest speaker Jan Barker, Chief Executive Officer of the Girl Scouts Heart of Michigan Council.


Special guests

Maples Elementary School, in the Dearborn Public School District , was recently honored by a special visit from its namesake, Fred E. Maples, and founder's granddaughter, Virginia Tervol and his ...


Your Opinions

Cell-phone users make it hard to hear I was in the Secretary of State Office in Marshall recently.


Your Opinions

Isn't it time to make state smoke-free? There is still time for the Michigan House to enact legislation to protect Michigan workers by passing HB 4163, a law that will make all worksites, including bars and ...


Slater baby born Oct. 23

Jamison Darryl Slater was born Oct. 23, 2008, in Hillsdale, Mich., to Josh and Ashley Slater of Camden, Mich.


2008 Thorpe Award Winner

The Foundation for Economic Education is pleased to announce that Gennady Stolyarov II of Hillsdale, Michigan, is the recipient of the first Eugene S. Thorpe Award.


B.C. responds to Obama win

There were tears. There was cheering. There was disappointment. There was an imagined assassination attempt and prayers to counter the very thought.


Economy and job creation take center stage in legislative races

Southeast Michigan's state legislative candidates include a Hillsdale County Democrat who believes she is the illegitimate daughter of John F. Kennedy's sister and Queen Elizabeth II's father, as well as a ...


Schools do their part to help blood shortage

Northwest High School seniors Bruce Winters, right, and Kelsie White check on their classmate, Ken Wedgwood, as he donates his blood during a blood drive Tuesday in the school's library.


Search continues for body of man who apparently drowned

A dive team planned to search again today for the body of an Ohio man who apparently drowned Saturday in a lake near Hillsdale.


Motorcyclist hurt in Hillsdale County crash

A Hillsdale, Mich. man was hurt when his motorcycle and a pickup truck collided Thursday night at an intersection three miles east of this community, the Hillsdale County Sheriff's Office said.


GVSU moves to 6-0 with rout of Hillsdale

No.1-ranked Grand Valley State built a 28-7 halftime lead and never looked back en route to a convincing 41-10 victory over Hillsdale College before the fourth largest crowd in Lubbers Stadium history .


DAYBOOK

Howard J. Engel, 79, of Allen died Monday, Oct. 6, at the Laurels of Coldwater. He is survived by his wife, Kay; two daughters, Mary Kay Engels and Cynthia Bushta; four sons, Tom, Joe, Steve and David Engel; 10 ...


Etc.

Young first-time voters could play a significant role in deciding the outcome of next month's presidential election.


Quilting is not a substitute for sexual assault education

On Sept. 26, a Tufts alum wrote an article in the Wall Street Journal lambasting female students at liberal colleges, and more specifically, at Tufts.


Judge orders Syria to pay families of hostages

TV Online Judge orders Syria to pay families of hostages By KATE BRUMBACK ATLANTA - An attorney acknowledged Friday that it will be difficult to force Syria to pay more than $400 million to the families of two ...


Hillsdale County Community Foundation plans food drive

The Hillsdale County Community Foundation will host a food drive Oct. 10. "Fill the Freezer," which will take place at the Hillsdale Market House, will help support local food pantries with donations of frozen ...


FAFSA is most important stop in hunt for aid

Selecting a college can be a difficult decision on its own. But figuring out how to pay for school is an even bigger challenge for many families, especially if their students are the first in the family to ...


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