Houghton 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 Houghton 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.
Return to fha loans in the state of MI
| Houghton Lake, Michigan News |
Birth: Galleher
Ross and Autum Galleher of Fenton announce the birth of their daughter, Delila Jane Galleher, born Sept.
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Goodfellows will be at an intersection near you
The Chesterfield Township Goodfellows group will be out in the streets all day for their annual paper drive this Saturday and Sunday.
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11/23 - One Week Down, One More to Go with Firearm Deer Hunting Season
It's half-way through firearm deer hunting season, and Houghton Lake businesses are split in half with how well they're doing.
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Monica Robinson watches as nurse Connie McNeal gives a breathing treatment to her son, Achavali, at their home in Flint on Thursday.
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Pabst - Homan
Amanda Pabst and Matthew Homan were united in marriage at St. Mary Church, Charlotte on June 7, 2008.
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Raffle Held For Waterford Home
A Waterford couple having trouble selling their home is now trying to raffle it off.
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$100 could buy Waterford home
When Penelope VanDevelder walked in the door recently after a day of work, her husband, Joe, told her about an idea he'd seen on TV.
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Employee promoted at Independent Bank
BAY CITY Tifanie Tremble has been promoted to treasury management sales representative for Independent Bank.
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New shop offers cheap coffee
There is a new low on campus: the cost of coffee. Taylor's Coffee Shop, located in the Wesley Foundation, 1400 S. Washington St., is selling Starbucks coffee for 50 cents a cup.
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Hamilton - Nash
Amy Marie Hamilton and Mitchell Dean Nash were united in marriage Sept. 13, 2008 at Beaverton Baptist Church with Pastor Jeremy Smith officiating.
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WYCD on MySpace
MySpace sites. The content and opinions of the staff profiles on MySpace may not be a those of 99.5 WYCD.
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Michael C. Cooley, Democrat
Professional experience: Semi-retired from career in direct sales, former bail-bond recovery agent, former reserve officer with Breckenridge Police Department.
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Pastor looks forward to police role
Pastor Drew Gruenhagen of St. Michael Lutheran Church in Wayne said his role as police chaplain will help him reach out into the community.
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Business shines light on Michigan products
As the official stop for travelers seeking neighborly service, quality fuel, and a wide array of Michigan-made products, Beacon & Bridge Market has more to offer than the typical convenience store.
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Autumn's palette: Fall color emerges throughout northeastern Michigan
A maple tree shows off its fiery-orange colors along the Sturgeon River. Fall colors in the northern side of the Lower Peninsula are reaching their peak brightness.
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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.
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Auction lacked buyers
Using the auction block to find owners for 25 tax-foreclosed properties proved a little harder than expected, Jackson County officials said.
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One week remains to register to vote
By the beginning of October, Progressive Future hopes to register 2,500 Central Michigan University students to vote.
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Critics to fight deer feed ban
A group of store owners, farmers and wildlife rehabilitators will get a chance on Oct.
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Police talk Barricaded, Suicidal man into surrendering
Hide Video A man with several guns, threatening suicide, was successfully convinced to give himself up Friday night.
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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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"I prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.
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