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Temperance, 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 Temperance, 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
| Temperance, Michigan News |
Sign project coming to fruition
For years, members of the Temperance Action Committee's sign committee have worked hard to raise money and design signs recognizing the boundaries of downtown Temperance.
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Althaus named outstanding teen
Tara Althaus, who was Miss Monroe County's Outstanding Teen in 2007, won the Miss Washtenaw Outstanding Teen Pageant Nov.
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Low-income residents eligible for food giveaway
Low-income Monroe County residents can take advantage of the Emergency Food Assistance Program hosted by the Monroe County Opportunity Program.
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Bedford yard waste recycling ending on Wednesday
Wednesday will be the final day for yard waste recycling in Bedford Township, while other collection bins in both Ash and Monroe Townships will continue accepting grass clippings and leaves.
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Flint Police seek information in Sept. 1 shooting at gas station
On Sept. 1, Flint police were called to the 2900 block of North Saginaw Street in response to a shooting.
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Events focus on Holocaust
Monroe County Community College's Whitman Center will feature a traveling exhibit in November from the Center for Holocaust and Humanity Education in Cincinnati.
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His love for Halloween is scary
Chuck Richards loves Halloween. For the past six years or so, Mr. Richards has added holiday decorations to the outside of his home at 1914 Smith Rd.
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Prosecutor: Trucker scared boss before slayings
The head of a trucking company office feared for a week that he was going to "get beat up or worse" the day he fired one of his drivers, a witness testified Monday.
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New convalescent center opens in Temperance
A new rehabilitation and skilled nursing facility has opened in Temperance. Hickory Ridge, 951 Hickory Creek Dr.
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Yard waste collection to start at park
The Monroe County Solid Waste Program will offer yard waste collection to Monroe County residents starting Saturday.
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Bagel Bros. to be sold at auction
Bagel Brothers Deli, 9021 Lewis Ave. in Temperance, will be sold at auction Nov.
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Public educator Herbert Moyer dies
Former Bedford Public Schools Supt. Dr. Herbert S. Moyer, who dedicated his professional life to public education and was no stranger to voicing his opinion in its defense, died early this morning of a heart ...
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This week in the MHSAA
Tune in to MHSAA Network programming this week to see two of the games previously taped.
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Bagel Brothers closes doors
A Temperance deli closed this week, but its future is undetermined. Bagel Brothers, 9020 Lewis Ave., opened in early 2004 as a breakfast and coffee shop.
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Whitman rezoning gets panel approval
The Monroe County Planning Commission voted Wednesday to approve the rezoning of the Whitman property in Temperance.
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This week in the MHSAA
Tune in to MHSAA Network programming this week to see two of the games previously taped.
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Tickets available for trip to Chicago, Oktoberfest
Giant Oak Golf Club will celebrate Oktoberfest. The event will take place from 7 to 9 p.m. Oct.
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1,200 backpacks distributed in Monroe County
The Back Pack Coalition handed out 1,200 backpacks with school supplies to children in Monroe County this year.
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Class covers high-tech hide-and-seek
Families or individuals who love the outdoors and enjoy exploring new places might enjoy a geocaching class offered in October through Bedford Community Education.
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Sterling Heights driver wins Fall Nationals at Milan
Bracket 3 winner Evan Johnston of Sterling Heights Stevenson was the King of the Hill winner Saturday in the Fall High Schools Nationals at Milan Dragway.
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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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"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
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