Somerset Investors Corp. Mortgage Refinance, Reverse Mortage, Home Loan
  Reverse Mortgage Divorce Buyouts Debt Consolidation Home Improvement Purchase Refinance
Search Somerset:
Print this page    E-mail this page

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 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.

Local FHA Loan directory for SC :

Return to our fha loans page

Bad Credit? click here.

Call for COMPLETE details NOW!

(800) 675-9783

South Carolina News
Criminal investigation into SC sewage plant

About 20 federal and state investigators spent Thursday searching a sewage plant and a laboratory in Columbia as part of a criminal investigation into improper record keeping, a state health official said.

Teenage Girl Who Lived 4 Months With Out a Heart Is Out of the Hospital

A teenage girl who lived four months without a heart is now out of the hospital.

AbitibiBowater cuts 1,100 jobs, shuts Grand Falls, N.L. newsprint mill

Paper producer AbitibiBowater Inc. is cutting 1,100 jobs as it closes its troubled newsprint mill in Grand Falls, N.L., and a plant in Tennessee to cope with falling demand in the North American market.

Tax cuts put S. Carolina in tailspin, analyst says

A University of South Carolina economist said Wednesday the Palmetto State's financial problems have been driven by tax policy and are about to get worse as effects of the national economy's slump show up in ...

More than 1,000 in S.C. lose jobs in one month

South Carolina has lost more than 1,000 manufacturing jobs in the past month as the state's economy continues to sour.

Governors Against State Bailouts, for Ideological Purity

While around 40 governors met with President-elect Obama in Philadelphia to discuss states' growing budget woes, two governors took to the Wall Street Journal 's op-ed page to argue agains t federal aid to ...

Sanford briefs reporters on Obama meeting

Gov. Mark Sanford said he will do everything he can to fight another round of bailouts, though he acknowledged he can't do much.

SC adopts rule forcing recorder votes

Some of the 23 freshman legislators make their way into the House of Representatives for the first time since their election ito office in Columbia, Wednesday, Nov.

Audit cites flawed disabilities system

The South Carolina agency charged with serving the state's most vulnerable and disabled children and adults falls far short in protecting them, an audit of the agency finds.

S.C. College Officials Led State In Taxpayer Funded Travel Expenses

South Carolina university officers and researchers top the state's 2008 travel spending list, with the University of South Carolina's provost racking up more than $45,000 in expenses alone, according to an ...

British letter describes Charleston siege

Like so many first-time visitors to the Lowcountry, Charles Campbell was enchanted.

2 Del. Men Rescued From Mumbai Hotel

A Greenville woman says her husband and a colleague were among hostages rescued from a hotel in Mumbai during terror attacks there.

South Carolina Educators to Meet on Dropout Prevention

Hundreds of educators from across South Carolina will gather in Columbia to discuss ways to keep students in school and increase the state's graduation rate.

Parents: Slain Anchorwoman Was Sexually Assaulted

The parents of the television anchorwoman who was beaten to death in Arkansas say there's evidence their daughter was sexually assaulted.

Governor, comptroller disagree on when to cut

Comptroller General Richard Eckstrom says South Carolina state agencies need to make immediate spending cuts.

House Leader: Oust CEOs of Big Three Automakers

Hide Video One of the U.S. House's top Democrats says the heads of the nation's Big Three automakers should give up their jobs as a condition of $25 billion in proposed federal help.

Travis Barker, DJ Am reuniting for performance

Travis Barker and DJ AM are teaming up for their first performance together since surviving a September jet crash.

Traffic deaths down in SC this year

Traffic deaths are down nearly 17 percent so far this year in South Carolina. The Post and Courier of Charleston reported Monday that there have been 802 traffic deaths in the state between Jan.

OBAMA license plates target for thieves

A Long Island Democratic supporter says he's been driven to hide his OBAMA vanity license plates inside his car because people kept trying to steal them.

COMMENTARY: Insurance reform helps protect homes from hurricanes

South Carolinians are heaving a sigh of relief as Sunday marked the end of a quiet hurricane season.

Save time with our easy online mortgage application.
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
"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
© 2006 Somerset Investors Corp. All rights reserved.
home | about us | Mortgage Blog | contact us | privacy policy | state licensing | search | links | link to us | site map
mortgage calculators | refinance | purchase | fha | reverse mortgage | divorce buyout | debt consolidation
Eqaul Housing Lender Member of the Better Business Bureau (BBB) Member of the National Reverse Mortgage Lenders Association (NRMLA)