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Melrose, NM FHA Loans in New Mexico
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 Melrose, NM 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 NM
| Melrose, New Mexico News |
Portales man arrested for battery
Police arrested a Portales man Friday on charges of kidnapping and aggravated battery.
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District 63 candidates respond to questions
Editor's note: The Clovis News Journal asked District 63 state representative candidates to answer the following questions in 200 words or less.
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New Mexico News Brief, Friday, Sept. 26
The National Weather Service said a weak upper level disturbance approaching southwest New Mexico is expected to bring a bit more moisture Friday.
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Suspect has Dumas link
A man wanted for killing two people in Clovis, N.M., on Saturday was on pre-trial release for an assault in Moore County three months ago, court and county records show.
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Police press release: Murder suspect identified
Here is a press released issued Saturday evening by Clovis police in connection with Thursday's double homicide on Clovis' west side.
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Two shot to death in Clovis
A 53-year-old Melrose man and a 36-year-old Lubbock woman were shot to death Thursday night in Clovis, police said.
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Clovis Police Issue Arrest Warrant for Murder of Lubbock Woman
An arrest warrant for two open counts of murder and tampering with evidence has been issued for murder suspect Anthony Ray Casillas, 21, of Clovis for the shooting deaths of victims Gary Payne of Melrose, NM ...
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Police Identify Lubbock Woman Shot In Clovis, NM
NewsChannel 11 has new information about the mysterious, double shooting in Clovis, New Mexico that killed a Lubbock woman.
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Police press release: Two shot to death
Here is the news release issued by Clovis police regarding Thursday night's slaying of a Lubbock woman and Melrose man: On Thursday, September 25, 2008 at approximately 10:57 PM Officers of the Clovis Police ...
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Sheriff's department investigating possible arson
An arson investigator from the Curry County Sheriff's Department is investigating a house fire Saturday in Melrose, officials said.
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Volunteer firefighters quit, more threatening to
Tuesday, August 12, 2008 at 11:44 a.m. Three Melrose, New Mexico volunteer firefighters quit Monday.
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Melrose firefighter arrested on drug charges
A Melrose volunteer firefighter and a female associate were arrested Friday evening by Curry County Sheriff's investigators for attempted manufacturing of methamphetamine and distribution of marijuana.
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More than half of Clovis schools miss AYP mark
More than 50 percent of Clovis schools and all of Portales schools failed to meet AYP goals, according to a report released today by the Public Education Department.
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Denish visiting eastern New Mexico
Lt. Gov. Dianne Denish will be making several stops in the eastern New Mexico this week as part of a three-day bus tour of the state.
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Denish addresses local citizens' concerns
Lt. Gov. Diane Denish visited Clovis on Wednesday as part of her "Roundhouse on the Road" tour of New Mexico.
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Denish visiting eastern New Mexico
Lt. Gov. Dianne Denish will be making several stops in the eastern New Mexico this week as part of a three-day bus tour of the state.
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Monument honors Melrose veterans
By Gabriel Monte: CNJ staff writer The Melrose Veterans Committee has a new venue for its Memorial Day service.
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May 18, 2008 Cops and Courts
Police chief interviews to be held The Village of Melrose will interview police chief candidates Saturday, according to Mayor Lance Pyle. via Clovis News-Journal
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New Mexico News Brief, Thursday, April 3
Police said four people -- including a front desk worker at an Albuquerque motel -- have been arrested in an alleged credit card scam. via KOAT.com
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Grass fires flare up around N.M.
A fire has blackened more than 1,000 acres of grass between Clovis and Melrose. Clovis Fire Department Lieutenant Jim Hogg says the fire near St. via KOB-TV
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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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