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Evensville, 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 Evensville, 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
| Evensville, Tennessee News |
Rhea moves to buy more school buses
Via Acquire Media NewsEdge) Oct. 19--EVENSVILLE, Tenn. -- A growing school population, more students riding buses, an aging bus fleet and fuel costs are combining to cause transportation headaches for the Rhea ...
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Dayton Police Arrest Man For Criminal Homicide
Submitted by Jason Law on July 24, 2008 - 4:47pm. Rhea County News Was it from a punch to the head? Or a medical condition? Dayton police have worked all day to answer those questions.
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Frail, Sick Man Beaten To Death
Dayton, Tennessee police have now charged a man with beating Carlos "Cotton" McCuiston to death following what some describe as a "drunken brawl." Chief Chris Sneed tells us William Thomas Minton, of ...
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Evensville man charged in Dayton death
' An Evensville man has been charged in connection with the death of a Dayton man early this morning, authorities said.
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Overnight Fire In Evensville
Firefighters had their hands full this morning in Rhea County. We have confirmed through dispatchers that the Golden Eagle Market on Medlin Pike in Evensville caught fire overnight.
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Hwy. 27 car chase ends with arrest
SUDDEN STOP A half-dozen Rhea County sheriff's deputies ultimately became involved in a high-speed car chase Friday morning that ended with the deputies shooting out the tires of the pickup truck shown above.
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Rhea copes with rising gas prices
PAIN AT THE PUMPS With gas pushing the $4 per gallon mark, local government bodies and businesses are trying to compensate for high fuel costs under budget constraints just as much as the everyday consumer.
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Ooltewah, Soddy-Daisy Advance To Region 3-AAA Softball Championship
It will be Soddy-Daisy vs. Ooltewah in "Game Five.'' The Lady Trojans and Lady Owls each advanced with semifinal victories in the Region 3-AAA high school fastpitch softball tournament on Monday. via Chattanoogan.com
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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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"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
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