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Reverse Mortgage
Divorce Buyouts
Debt Consolidation
Home Improvement
Purchase
Refinance
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Scotts, 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 Scotts, 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
| Scotts, Michigan News |
Security issues closing largest school districts on Election Day
Reflecting a national trend, students in the region's two largest school districts will have the day off from classes on Election Day.
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Holiday crafts and collectibles event
The Climax Scotts American Legion Auxiliary #465 is hosting a Holiday Crafts and Collectibles Event at: Climax Scotts American Legion Post 465 6101 S. 44th Street Climax, MI 49034 Event is Open to the Public ...
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10 schools, 10 perfect records
Battle Creek Public Schools and Pennfield Schools were two of 10 area districts to have all of their buses pass safety inspections last year, Michigan State Police announced Wednesday.
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Most buses in Southwest Michigan school districts pass state inspection
Ninety percent of school buses in Michigan passed safety inspections last school year, the Michigan State Police reported.
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Events happening in southwestern Michigan
Sponsored by the Pride of Scotts, all proceeds go to the CHRISTMAS MILITARY CARE PACKAGE PROJECT.
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Kalamazoo County park passes for 2009 now available
"2008 was a great year for the County Park system"said Dave Rachowicz, Kalamazoo County Parks Director.
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Drop-out crisis in Michigan
Education advocates say our state is dealing with a drop-out crisis. Some estimates show Michigan losing 20,000 students from school every year.
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Military Care Package Benefit Dinner
BBQ Rib Dinner to benefit Military Care Packages for local servicemen and women.
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Domestic dispute shooter released
A Battle Creek man who allegedly shot and killed his stepson Monday night has been released from custody as the police investigation continues.
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Prado released after shooting his stepson
A Battle Creek man was released from police custody Monday night after he shot and killed his stepson.
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Police and Fire Report
ATTEMPTED LARCENY: A man trying to steal a catalytic converter was interrupted and fled Wednesday.
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Southwest Michigan Community Harvest Fest
The Sixth Annual Southwest Michigan Community Harvest Fest celebrates local farming, food and sustainable living.
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Testing for special education: When, why and how?
Parents may wonder when to ask teachers whether their children qualify for special education services.
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Vital Statistics
Markeetta Bledsoe, of Benton Harbor, a son. Paul and Melani Esman, of Kalamazoo, a son.
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Vital Statistics
Erin Chastine and Tyreese Dunning, of Kalamazoo, a son. Silpa and Druva Chowdary Nagandla, of Portage, a daughter.
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Vital Statistics
Akio Campbell and Bernard Brown, of Kalamazoo, a son. Gregory and Sara Huff, of Scotts, a daughter.
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Old tractors and engines on display Sunday in Scotts, MI
Saturday's rainy weather kept the attendance down at the Olde Tyme Tractor & Steamer Show at Scotts Mill County Park.
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Old tractors and engines on display Sunday in Scotts, MI
Saturday's rainy weather kept the attendance down at the Olde Tyme Tractor & Steamer Show at Scotts Mill County Park.
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In the aftermath of Tuesday's deadly crash, residents see a dangerous trend
A Scotts man is dead after his car was struck by a train. It happened just before 4:00 pm Tuesday afternoon near the intersection of South Indian Lake Drive and East T Avenue.
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Scotts man killed in wreck with train
A 67-year-old Scotts man was killed here this afternoon after his vehicle was struck by a train.
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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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