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Braden, 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 Braden, 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
| Braden, Tennessee News |
School Board Makes Policy Changes
Giles County School Board members made quick work of a lengthy agenda during its regular monthly meeting last week.
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Princess Diana's butler visits East Tennessee
He worked for the British Royal Family, including Queen Elizabeth and Princess Diana.
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Pearl's Gettysvue house a slam dunk
With a new home in Gettysvue, University of Tennessee basketball coach Bruce Pearl has good reason to smile.
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Memphis Police Officer Attacked, Suspect On The Run
" Police are looking for a man who violently attacked a Memphis police officer and threatened his life.
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Bredesen brings comfort to school
Gov. Phil Bredesen talks with students Wednesday during his visit to Central High School after the recent fatal shooting of a student.
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Swapping barbs in Dist. 94
YAHOO! Swapping barbs in Dist. 94 Doll, Starnes, Rich take a few jabs at each other By David Healy , Memphis Commercial Appeal Friday, August 1, 2008 Barrett Rich may be in his first campaign, but he has ...
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Cyclist's widow raises awareness of dangers of driving with medical conditions
A Blount County man convicted of driving while impaired on his medicine is headed to prison for eight years, but there could be a bigger issue involved that could put your family at risk.
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GC Teachers Are Given a Night to Remember
Three county winners of the Tennessee Department of Education's Teacher of the Year competition were announced at the recent Teacher Appreciation Banquet held at First National Bank's Giles Heritage Theatre.
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Exchange Club Names Students of the Year
Pulaski Exchange Club members Robert Roe and Debbie Braden congratulate Richland High School senior Casi Blade and Giles County High School senior Jason Ogg as the club's 2008 Students of the Year. via Citizen Press
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The Price of Broken Families in Society
A A new report finds that last year alone family fragmentation cost 1-hundred 12-billion dollars in the United States. via WDEF-TV Chattanooga
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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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