Athens, TN FHA Loans in Tennessee
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 Athens, TN 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 TN
| Athens, Tennessee News |
Mayfield cuts jobs, tough economy felt in East Tennessee
When Darren Phipps opened The Spice of Life cafe nine months ago in Athens, the brand of ice cream he'd serve inside was a no-brainer. "We've only been here a couple years, but Mayfield is this area.
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Mayfield Dairy to cut about 100 workers
Mayfield Dairy officials say the company is cutting about 100 workers from its distribution centers in an effort to drive down the cost of milk.
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Creek contamination signs re-posted
New signs have been posted along Oostanaula Creek that warn against wading, swimming or fishing because of contamination with fecal bacteria.
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Fire ants find their way to Athens
An insect invasion has made a mess for one McMinn County park and officials say the recent rain could be to blame.
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News, Weather and Sports for Chattanooga and the Tennessee Valley
Submitted by Jason Law on August 28, 2008 - 5:09pm. News McMinn County News Some visiting teams have come to play in the Athens Regional Park, and these little guys aren't here for Soccer.
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New signs, old problem along creek in Athens
State officials say new signs warning of bacteria in an East Tennessee creek don't indicate the water quality is getting worse.
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Ants shut down athletic fields at East Tenn. park
ATHENS, Tenn. - An invasion of fire ants following heavy rains in East Tennessee has shut down all athletic fields at the Athens Regional Park.
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Dean Foods share rise on analyst note
Shares of Dean Foods Inc., parent of Mayfield Dairy in Athens, Tenn. rose Friday after an analyst raised his estimate for third-quarter earnings, citing a government report that milk prices should go down next ...
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Athens: Man dies in fiery crash this morning
A single-car wreck this morning on Decatur Pike at Interstate 75 has claimed the life of a man in Athens, Tenn., according to officials.
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Fatality In Vehicle Fire In McMinn County
Dispatchers with the Athens Police Department have confirmed to NewsChannel9 that a person has died following a wreck and vechicle fire.
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Chattanooga: 1-181st honored for service in Iraq
When national guardsman Joseph Clark left for Iraq in June 2007 as part of the deployment of the 1-181st Field Artillery Battalion, his son, Timothy, was 5 feet tall.
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Industrial Realtors Market Land, Buildings To Volkswagen Suppliers, Others
From WDEF News 12 Industrial Realtors Market Land, Buildings To Volkswagen Suppliers, Others Auto parts suppliers serving Volkswagen's new plant will create thousands of jobs.
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Chattanooga: 181st honored for service in Iraq
Staff Photo by Shane McMillan Brig. Gen. Max Haston makes a presentation at a ceremony honoring the 1-181st Field Artillery Battalion in the Chattanooga Choo-Choo convention complex today.
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Child Murder Appeal Upheld
The state Court of Criminal Appeals has upheld the ruling of a trial court in Athens, which threw out a confession in a child rape and murder case.
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One dead in McMinn wreck
A four-car accident in McMinn County on Sunday left one dead and five injured according to Sgt.
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Venable: A study of two solutions
As students return to class in Knox and surrounding counties, here's a tale of two schools, two oak trees and two remedies.
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Chattanooga: Shoppers delist fresh vegetables, or try farmers' markets
As Tasha Hall and James Talley moved through the aisles of a Chattanooga grocery store this week, the contents of the couple's shopping cart looked a little different than it did a few years ago.
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Denso Manufacturing Athens Tennessee Receives Commissioners Award of Excellence
' Tennessee Department of Labor & Workforce Development Commissioner James Neeley announced DENSO Manufacturing Athens Tennessee was chosen to receive the Commissioner's Award of Excellence for Workplace ...
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Beast that set off gator hunt is apparently fake
' It looked like a gator, but the creature spotted in a murky pond may have more to do with pigskin than alligator hide.
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Home for Sale in Decatur, Tennessee
Description: Tri-level stone and frame. 4 bedroom with living room, den with rock fireplace and build in one wall book shelves, formal dining room, kitchen, laundry room, two car garage with utility room.
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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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