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

Butler, 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 Butler, 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

Bad Credit? click here.

Call for COMPLETE details NOW!

(800) 675-9783

Butler, Tennessee News
100th birthday celebrated by Ashe resident Jess Dillard

Ashe resident Jess Dillard marked a milestone last month when he celebrated his 100th birthday.


Petcare closing in McKenzie

Mars Petcare is closing its McKenzie manufacturing plant, forcing 61 people to search for employment.


A vehicle reported stolen in Watauga County was recovered in Butler, Tenn., last week.

A vehicle reported stolen in Watauga County was recovered in Butler, Tenn., last week.


Rescued woman identified

The elderly woman rescued from an apartment fire by two Lenoir City Police officers Tuesday night has been identified as 93-year-old Marie Harvey.


A Watauga native was killed Saturday as the result of a hunting accident in Tennessee.

By Melanie Davis A Watauga native was killed Saturday as the result of a hunting accident in Tennessee.


Tree Stand Accidents: One Hunter Dead, One Seriously Injured

Two tree stand accidents in East Tennessee over the past few days have resulted in the death of one hunter and serious injuries to the other, according to the Tennessee Wildlife Resources Agency .


Johnson County unique in its history and points of interest

Perhaps we take a lot for granted about this area. Johnson County has an interesting and varied history as a study of its founding and subsequent development confirms.


Teen indicted for attempted murder; grand jury issues 81 indictments

A Dyer County grand jury indicted a 17-year-old Dyersburg boy for attempted first-degree premeditated murder.


New well will help residents in northeast TN

A well drilling company has hit a water source while sinking a well in northeast Tennessee.


Humane Society Pet Adoption Center

After three years of planning and four years of building, the Johnson County Humane Society's Pet Adoption Center recently celebrated their Grand Opening and Ribbon Cutting.


Swim, Bike and Run At Watauga Lake Triathlon This Sunday

Approximately 200 athletes will converge on Butler, Tenn. this Sunday, September 14, as the 4th Annual Watauga Lake Triathlon tests the strength and endurance of the area's most fit.


The Town That Wouldn't Drown

Strike up the band. The 2008 Old Butler Days event, to be held Aug. 8-9, marks the 60th anniversary of the closing of the floodgates that created Watauga Lake.


Local shipmates come full circle

Do you, or your family have a connection to a Veteran who hasn't been interviewed? We want to make a Life Story Video of each Johnson County Veteran for you and our Local Veterans Video Museum.


Joseph's coat causes trouble in Jackson

Theatre Guild's musical, 'Joseph and the Amazing Technicolor Dreamcoat' July 2, 2008 For the first time in a generation, the Jackson Theatre Guild will present the hit show "Joseph and the Amazing Technicolor ...


One million Tennesseans say "yes" to organ and tissue donation Butler serving second term as chair

Cocke County Clerk Janice Cutler announces that more than 1 million Tennesseans have signed up as organ and tissue donors on the state-authorized Donate Life Tennessee Organ and Tissue Donor Registry.


Two charged with forgery after EPD investigation

A nearly two-month-long investigation headed by the Elizabethton Police Department came to an end Wednesday with the arrests of a Johnson County couple accused of forging checks and credit card receipts at ...


Rural Development funds of $112,000 presented for three Johnson County projects

U.S. Representative David Davis and Rural Development Area Director Charles Brooks joined Mountain City Mayor Kevin Parsons, Johnson County Mayor Dick Grayson and Butler Volunteer Fire Department Chief Darwin ...


Dogs attack 9-year-old boy

"I would really like to thank the Johnson County Sheriff's Department and Wings Air Rescue for responding so quickly and being so thorough"

Nine-year-old Dalton Bailey sits quietly in a recliner in his darkened living room in Butler intently watching cartoons. via The Elizabethton Star


A Story Of Survival

"He'll have to tell his story, probably, a hundred times."

BUTLER, Tenn. On Dalton Bailey's first day back at school on Tuesday, his classmates crowded into the gym to hear his story of survival. via Http


Outdoors Notebook: Greenbrier pair wins amatuer division at Crappie USA qualifier

NASHVILLE - Jimmy Clary of Joelton and Johnny Clary of Greenbrier won the amateur division in the Crappie USA qualifying event on Old Hickory Lake at Bull Creek Ramp in Gallatin. via DNJ.com


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)