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Ellendale, 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 Ellendale, 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
| Ellendale, Tennessee News |
Calendar of Events - September 4, 2008
Now *Support Groups, Bereavement Ministries. "Rainbow's" is for children in grades K-8; "Divorce and Beyond" is for adults going through separation or divorce; "Journey of Hope" is for adults grieving the loss ...
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Senate panel to get Bible bill
"I want young people to understand how the Bible has changed our world. The Bible has enormously impacted literature, art, music, culture, history and politics. A Bible course will help students understand our culture and our highest and best values." Legislation would give state approval for school Bible study By TYRONE TONY REED JR. via The Jackson Sun
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State Agencies Partner to Reduce School Bus Emissions
"We are pleased to assist in this grant program to help our schools provide cleaner transportation" ' The Tennessee Department of Transportation is now accepting applications for a new pilot grant project aimed at reducing diesel exhaust emissions from school buses in air quality nonattainment and maintenance ... via Info.tnanytime.org
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Excessive rainfall, chance of severe weather today, Friday
Excessive rainfall is expected across much of the Mid-South today and Friday, according to the National Weather Service in Memphis. via The Jackson Sun
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Pinpoint 5 Weather: Watches and Warnings
THE FLOOD WARNING CONTINUES FOR THE MISSISSIPPI RIVER AT MEMPHIS * UNTIL FURTHER NOTICE * AT 07 PM WEDNESDAY THE STAGE WAS 37.1 FEET * MINOR FLOODING IS OCCURRING AND MINOR FLOODING IS FORECAST * MAXIMUM ... via WMC-FM
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TN Issuing More Shelby Co. Residents Handgun Permits
"It's the most violent metropolitan area in the United States. We have a high percentage of handgun permit owners and we have a high percent of armed criminals here" The Tennessee Department of Safety says the numbers of handgun permits issued in Shelby County are up. via WLMT
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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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