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Home Improvement
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Rion, 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 Rion, 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
| Rion, South Carolina News |
Railroad museum offers steam train rides
WINNSBORO a ' On Oct. 18, 19, 25 and 26, the sounds of a steam locomotive will once again echo over the hills and fields of Fairfield County.
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Family events: Ride the rails once more this season
It's all aboard next Saturday for the S.C. Railroad Museum's last train ride of the regular season.
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Humble beginnings, curiosity drive Pastides
Dr. Harris Pastides, University of South Carolina's new president, makes Moussaka with his wife Patricia at their Columbia home, Saturday, July 12, 2008.
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St. Theresa's Catholic Church celebrates 40 years
On May 18, St. Theresa's Catholic Church in Winnsboro celebrated with a Mass celebration 40 years of great accomplishments in serving God and His people.
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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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"Every other company said they could not help us. After speaking to about five companies, we really believed that no one could. Then we called Somerset, and your company proved us and those other companies wrong. We can't thank you enough for all your hard work and effort in getting us a low fixed rate. We can now breathe easier..." - L. Braun
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