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Imlay City, 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 Imlay City, 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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Imlay City, Michigan News
Two teens killed Friday

The Thanksgiving holiday ended in tragedy early morning Friday as two young adults were found dead and one was seriously injured after their vehicle crashed into a tree.


Continue reading "Victim in Imlay City crash was popular, boosted confidence of others"

One of Mike Canjar's most cherished middle school memories was the day a popular student named Frank Palermo invited him to sit with his friends at lunch.


3rd annual chili cook-off at Sts. Peter and Paul on Dec. 7

Families and individuals in need are expected to be the beneficiaries from the third annual chili cook-off contest slated for noon to 2 p.m. Dec.


Imlay City to have movie theater again

The popcorn will be popped and Imlay City movie cinema seats will once again be filled starting next month.


Tax breaks promise 40 new jobs in Imlay City

In a move that will create 40 jobs, the Imlay City Commission granted Industrial Facilities Tax Exemption certificates to Die Tech Tool & Manufacturing and five transfers for Rubber Enterprises.


New Spartan Reading Room welcomed by students, staff at Imlay City school

Not a cent has been spent on the Spartan Reading Room that opened last month at Imlay City Middle School and students are raving about time spent there.


Imlay City church to host HIV/AIDS awareness day

IMLAY CITY N More than 40 million people suffer from HIV/AIDS worldwide. In recognition of the sobering numbers that reflects a huge human toll on families, communities and even countries, an Imlay City church ...


Loving Hands Clinic to offer free classes on living with diabetes

The Loving Hands Clinic will conduct free three-week long community-wide diabetic patient teaching and education programs beginning Dec.


from Our Readers | the U.S. Auto Industry: Send more federal billions to U.S. auto industry?

The use of public funds to help GM purchase Chrysler should be considered an unwise act of innocent and unsound logic.


Cros-Lex falls to volleyball powerhouse

Croswell-Lexington found out Tuesday why North Branch is the top-ranked volleyball team in Class B. The Pioneers fell to the Broncos in a district opener, 25-10, 25-11, 25-19, ending Cros-Lex's season at ...


Revenue up in food program at Imlay City schools

Cafeterias in the Imlay City Community Schools are constantly adjusting the ways they serve up food.


Drunk teen tries to buy pass from Imlay City officers

A Roseville teen suspected of trying to buy his way out of police trouble could spend four years behind bars.


Welcome to Sherman Publications

Welcome our interactive calendar of events. We welcome you to add your special events to our calendar .


Imlay City Christian School students get lesson on habitat

Kayla Varberg learned that animals can adapt to different habitats. The 10-year-old fourth grader at Imlay City Christian School said learning about habitats was part of a hands-on project in Melanie Kampman's ...


Local author on Reiki to sign second book at Saturday ceremony

Sharon Baker has helped thousands of people over the years with their holistic wellness and she will have a book signing emphasizing her technique Saturday at The Book Shelf in Lapeer.


Churches corner

FORT GRATIOT -- Church members are welcome to congregate at Vantage Point, Water and First streets in Port Huron, for a friendship lunch at noon today.


Imlay City wins Silver title at Almont

Sterling Heights won the Gold Division and Imlay City the Silver on Saturday at the Almont Volleyball Invitational.


Applications for Holiday Depot being accepted

The deadline for applications for Holiday Depot is Oct. 31. The program is designed to assist Lapeer County low-income residents looking for help during the holidays for food and gifts.


Woman barricades self after men bust into home

While she slept, three burglars smashed through a senior citizen's door and burst into her Summers Road home about noon Sunday.


Imlay City chamber hosts 82nd candidates

With the Nov. 4 general election less than two weeks away, Imlay City business owners listened to the two candidates for state representative of the 82nd District stump for votes Tuesday morning.


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