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Clio, 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 Clio, 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.
Return to fha loans in the state of SC
| Clio, South Carolina News |
Read the whole story
I'm originally from the small town of McColl, which is out in the woods somewhere between Clio and Bennettsville.
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Victor C. Barrington Jr.
Services for Mr. Victor C. Barrington, Jr., 81, will be held 2:00 p.m. Saturday, November 1, 2008, at First Baptist Church of Clio.
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Inside the helmet: An Ayers about him
The old Robert Ayers , insulated from his surroundings with music blaring through oversized, noise-canceling headphones, would not have handled a position change well.
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Clio mana s death ruled accidental
Autopsy results from a Clio man reported missing in Marlboro County show that his death was accidental, Marlboro County Coroner Tim Brown said.
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Pee Dee communities to receive CDBG funds
Thirty-one communities across the state - including many in the Pee Dee - are set to receive $11.4 million in Community Development Block Grant funds.
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Construction landfill proposed for Clio
Although a proposed landfill near Wallace is on hold in Marlboro County, another landfill has been proposed in Clio.
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Board rejects school funding plans
Members of Marlboro County School District Board of Trustees failed to approve proposed funding plans for a new elementary school, the district's Murchison School and Teach House.
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Man accused of breaking into new Florence Little Theatre
A Clio man was arrested early Wednesday after police caught him breaking into the new Florence Little Theatre on South Dargan Street, Florence Police Lt.
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Marlboro County school opens new addition
"In my class we have a camera ceiling we have a TV in the corner we have bigger space than it was in the mobiles" Police say 4 years ago a 15-year-old boy torched a part of their school and since then they've been forced to learn in portable classrooms. via WPDE
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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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