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Drummonds, 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 Drummonds, 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.

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Drummonds, Tennessee News
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The full content of this article is only available to subscribers. Print subscribers of The Leader receive free online access as part of their paid subscription.


Deen named president of COAT

By: SherriO on 10/31/08 As soon as the other schools supply the honor roll lists we will publish them.


Police Reports

Oct. 9 - 14-year-old Drummonds girl and 15-year-old Byhalia, Miss., girl, both charged with violation of curfew law; 24-year-old Memphis man charged with driving while license suspended and violation of light ...


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Father Charged with Rape of 9 and 12 Year-old Daughters in Tennessee

" A Tennessee Man has been charge with raping his 9 and 12 year-old daughters. According to the Tipton County Sheriff's Department, deputies were called to a home in Drummonds, Friday, September 5, 2008, about ...


StarNews

International Goat Days will take place Sept. 12-14 at the USA Stadium, located at 4351 Babe Howard Ave.


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By: BHHS on 8/16/08 I see people frequently riding in the back of pickup trucks on Highway 51.


Auto-part poaching suspects captured

Millington Tipton YAHOO! Millington / Tipton Auto-part poaching suspects captured Sheriff's sting aimed at catalytic converter thefts By Sherri Drake , Memphis Commercial Appeal Wednesday, August 6, 2008 Tipton ...


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