Indian River, 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 Indian River, 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
| Indian River, Michigan News |
Marshall Fredericks -- the Spirit of Detroit
The island's grandiose Scott Fountain attracts much attention, but Fredericks' more humble work, named The Levi L. Barbour Memorial, inspires visitors to pose with the beautiful beast.
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Tea Table Listing Updated
A son, Ashton Josiah Friske, was born to Nathan and Kayla Friske of Indian River at 4:15 p.m. Sept.
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Tea Table Listing Updated
A daughter, Faith Anna Olson, was born to Tony and Ann Olson of Vanderbilt at 7:41 a.m. on Sept.
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Tea Table Listing Updated
A daughter, Bernadine Christine Costa, was born to Ann Costa and Keith Kiogima of Petoskey at 8:53 a.m. on Sept.
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9/20 - Coast Guard Helps rescue Missing Hunter in Cheboygan County
Hide Video Coast Guard Air station Traverse City was involved in rescuing a lost hunter Saturday morning in cheboygan county.
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Students Learn on Aboard Tall Ship In Lake Huron
Students from Inland Lakes Schools in Indian River went back in time today, sailing on a 19th Century Great Lakes schooner.
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Tea Table Listing Updated
A son, Jude Matthew, was born to Matt and Angela Stahl of Indian River on Sept. 4, 2008, at Northern Michigan Regional Hospital.
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Tea Table Listing Updated
Births A son, D'angelo Marcus Vallance , was born to John and Mellissa Vallance of Cheboygan on Aug.
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Tea Table Listing Updated
Birth A son, Preston Eli Fisher, was born to Tonya Vincent and Eli Fisher of Harbor Springs on July 23, 2008, at Cheboygan Memorial Hospital.
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Religion News Updated
Indian River Baptist Church INDIAN RIVER - Tim Zimmerman and The King's Brass will be appearing in concert at Indian River Baptist Church, 6214 Hemlock St, Indian River, at 7:30 p.m. Friday, Aug.
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Entertainment Calendar Updated
Ongoing events Farm market - Petoskey's farm market is 8:30 a.m.-1 p.m. Fridays through September on Howard Street, between Julienne Tomatoes and J.C. Penney.
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Entertainment Calendar Updated
Ongoing events Farm market - Petoskey's farm market is 8:30 a.m.-1 p.m. Fridays through September on Howard Street, between Julienne Tomatoes and J.C. Penney.
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Entertainment Calendar Updated
Ongoing events Farm market - Petoskey's farm market is 8:30 a.m.-1 p.m. Fridays through September on Howard Street, between Julienne Tomatoes and J.C. Penney.
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Christian shrine needs repair
INDIAN RIVER, Mich. - A local priest says northern Lower Michigan's Cross in the Woods needs hundreds of thousands of dollars in repairs for wood rot.
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Vacant motel destroyed by weekend fire
Investigators are trying to determine what caused a weekend fire that destroyed a Cheboygan county motel.
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DNR Hosts Open Houses in Gaylord Forest Management Unit July 8-9
The Department of Natural Resources will host open houses on Tuesday, July 8, and Wednesday, July 9, to provide information and receive public comment on proposed forest management treatments for 2010 in the ...
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Week In Review:
Authorities charged a Mancelona Township man with multiple counts of criminal sexual conduct after allegations surfaced in a separate sex crime investigation.
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Michigan officials might OK hunting of albino deer
INDIAN RIVER - Michigan wildlife officials may drop a rule that forbids killing albino deer, partly because of a legal squabble with a Michigan man who shot a mostly white deer four years ago.
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The Path Less Traveled: New rail trail opens from Gaylord to Mackinaw City
Commuting from Gaylord to Mackinaw City just got a little more interesting. Winding along much of I-75, where a railroad once was, 62 miles of packed crushed limestone offers a new scenic perspective for ...
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5/31 - Veterans Dedicate Monument to Those Who Have Died
After three year in the making, a Northern Michigan VFW has unveiled a monument to honor post members that have passed away.
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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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