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Aynor, SC FHA Loans in South Carolina

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 Aynor, SC 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.

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Aynor, South Carolina News
Horry County accident injures mother, child

Tuesday, December 02, 2008 at 7:03 p.m. Highway Patrol is investigating an accident that sent a mother and young child to the hospital.


Horry County Schools celebrate tax passage

Monday, November 24, 2008 at 5:36 p.m. A Local school leaders say they wouldn't have been able to get the penny sales tax passed without the work of a lot of people.


Teen dies in Horry County car crash Saturday

South Carolina Highway Patrol troopers responded to a deadly car crash Saturday night around 5:30. Troopers say a 17-year old was killed in the crash after disregarding a stop sign while traveling north on ...


Horry County makes a oewastea

The holiday season is often the time when people get rid of the old to make way for the new.


Horry County crews respond to deadly house fire

Horry County Fire-Rescue officials responded to a house fire Sunday evening. It happened before 8 p.m. Sunday on Bennett Loop off of Highway 9, just outside of Loris.


Wife: I caused fatal fire at home

Police are looking into a Pawleys Island woman's statements that she caused the fire that killed her 84-year-old husband Monday morning.


Shellfish beds reopen

Murrells Inlet's Conditionally Approved Shellfish Growing areas in Georgetown County have been reopened, the S.C. Department of Health and Environmental Control reported today.


Arrested after being laid off

Saturday, November 22, 2008 at 8:57 p.m. One of the Bluegreen Resort employees who received a pink slip on Friday is now facing assault charges after A police say A he confronted his former boss.


Man Accused of Starting Armed Hospital Standoff

According to a federal indictment from the South Carolina office of the United States Attorney General's Office, a 42-year-old Myrtle Beach man has been indicted after a 14-hour standoff near a hospital ...


Fire damages condo units

Horry County and Myrtle Beach firefighters are on the scene of a fire at a condominium off 38th Avenue North and U.S. 17 Bypass.


Horry Co. Administrator: Property tax increase possible

Friday, November 21, 2008 at 4:50 p.m. Like many people these days, local governments are struggling to make ends meet.


Man charged with criminal sexual conduct with a minor

A 42-year-old man has been charged with second degree criminal sexual conduct and second degree criminal sexual conduct with a minor, according to a news release from Sgt.


Fire official: 2 killed in Socastee house fire

SOCASTEE a ' Two people have died following a house fire near the resort town of Myrtle Beach.


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