Petoskey, 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 Petoskey, 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
| Petoskey, Michigan News |
Man faces host of charges following high-speed chase
Police have arrested a 19-year-old Brutus area man on a host of charges after he allegedly led police on a high-speed chase through portions of Emmet County early today, Friday.
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VIDEO: Motion to make Petoskey Pointe document available dies
A Petoskey City Council membera s call to make a Petoskey Pointe-related document available to the public fell short of the second it would need at Mondaya s meeting.
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Revenue sharing lawsuit could impact community agencies
With three area educational institutions recently filing a lawsuit against the Emmet County Local Revenue Sharing Board, community agencies and nonprofit organizations are concerned about the affect it's going ...
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Locksmiths ask Petoskey to reconsider free lockout services
Local locksmiths are asking Petoskey city officials to reconsider the free lockout services which city public safety officers provide.
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Tea Table Listing Updated
Births A son, Izaac Richard Bell, was born at 5:40 a.m. on Nov. 13, 2008, to Marshall and Tonya Bell of Boyne City at Northern Michigan Regional Hospital in Petoskey.
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Petoskey Holiday Parade set for Saturday, Nov. 29
Holiday spirit is coming your way! Winter is approaching and with that comes Stafford's Downtown Petoskey Holiday Parade on Saturday, November 29 at 10 am.
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VIDEO: Home, business stock consumed in fire
Firefighters from the Resort/Bear Creek Fire Department were called at about 1:15 p.m. to the Steve and Florence Hajek residence at 4589 Greenwood Church Road when Steve Hajek called 9-1-1 reporting a fire in ...
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Cases heard recently in Emmet County District Court
The following cases were heard recently in Emmet County's 90th District Court - William Joseph Pemberton, 35, of Alanson; attempted resisting and obstructing police; serve 30 days in jail and pay $1,000 in ...
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Religion News Updated
Christ Episcopal Church will host its fifth annual Bazaar and Tea from 1-4 p.m. Saturday, Nov.
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Veterans Day parade planned for Tuesday
Veterans Day will once again be observed with a parade on Tuesday, Nov. 11, in Petoskey, but the procession will follow a new route this year.
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Trail connection completion beautiful and long overdue
If you haven't seen it, take a look this fall at the newly created bike/pedestrian Little Traverse Wheelway.
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Castle, fairgrounds worthy of recognition
Northern Michigan residents are well aware of two spectacularly renovated facilities - the Emmet County Fairgrounds in Petoskey and Castle Farms in Charlevoix.
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Petoskey city-wide Boil Water Advisory lifted
Bret Oa Neill, a 23-year-old food service representative for Wendya s in Petoskey, pours Mountain Dew from a 2 liter bottle Saturday afternoon.
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Cadillac, Petoskey regional match moved
The Class B Volleyball Regional Semifinal match between Cadillac and Petoskey has been moved.
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Petoskey residents advised to boil water
Sunday, November 09, 2008 at 4:28 p.m. ON FRIDAY A WATER MAIN BROKE CAUSING POSSIBLE CONTAMINATION OF THE CITY WATER.A CITY OFFICIALS ISSUED A BOIL ALERT FOR ALL RESIDENTS ON CITY WATER.
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C.S. Lewis Festival to feature juried fine art exhibition
The first book in C.S. Lewis' acclaimed Space Trilogy, "Out of the Silent Planet," begins the adventures of Dr.
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11/7 - Breaking News: Boil Water Advisory, Petoskey
Hide Video The City of Petoskey has issued a Boil Water Advisory for all residents of the City of Petoskey.
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Feed those in need
It may be hard to imagine, but there are families in Northern Michigan who will not have the financial means to enjoy a turkey dinner on Thanksgiving Day.
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Voters add new faces to Petoskey city council
Come January 1, 2009 the Petoskey City Council will have a few changes. Following Tuesday's elections, three council members have been voted out of office.
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C.S. Lewis Festival hosts book discussions
The C.S. Lewis Festival will present a discussion of "The Restitution of Man: C.S. Lewis and the Case against Scientism" by Michael D. Aeschliman as part of this year's festival theme, "C.S. Lewis and the ...
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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 was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.
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