Hornbeak, 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 Hornbeak, 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
| Hornbeak, Tennessee News |
Airpark Inn Fire
Airpark Inn Fire Posted: Friday, November 21, 2008 7:11 pm ROOMS DESTROYED - About 8 a.m. today, smoke and occasional flames emanated from what was a cluster of six rooms at Air Park Inn, a motel facility ...
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Fire At Reelfoot Lake Inn
Fire Departments from Lake County, Samburg, Hornbeak, Tiptonville, and Ridgely all responded to a fire Thursday Night at the Airpark Inn on Reelfoot Lake in Lake County.
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County leaders discuss fire plan
At least 50 dead in school collapse Rescue workers in Haiti are working into the night to dig out students buried in the rubble of a school that collapsed, the Red Cross said.
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Election results filled with mayoral races
Election results filled with mayoral races New mayors will be taking office in three communities across Obion County as a result of Tuesday's balloting, while two incumbent mayors will return to office.
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Hornbeak man dies in crash
Obama wins U.S. presidential election Democrat Barack Obama wins the 2008 U.S. presidential election, setting him up to become the 44th president of the United States and the first African-American to hold the ...
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Election Bulletin: Obion County races
Election Bulletin: Obion County races Posted: Tuesday, November 4, 2008 10:16 pm It appears Democratic candidate Judy Barker has defeated Republican Bill Sanderson for the state House of Representatives, ...
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Reelfoot lawsuit dismissed
Congo rebels declare cease-fire Rebel forces have declared a cease-fire after four days of fighting in the North Kivu province of eastern Congo, the French ambassador to the United Nations said after Security ...
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Samue Huey seeks election to Hornbeak mayor's post
Samue Huey seeks election to Hornbeak mayor's post Posted: Wednesday, October 29, 2008 8:34 pm Samuel L. Huey of Hornbeak has announced his candidacy for mayor of Hornbeak in the town's Nov.
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Patriot Guard on duty: Riders escort Tennessee National Guardsmen leaving for Iraq
YAHOO! Patriot Guard on duty: Riders escort Tennessee National Guardsmen leaving for Iraq By Kevin McKenzie , Memphis Commercial Appeal Tuesday, October 28, 2008 On motorcycles and in a pickup, the Patriot ...
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Commissioner wants TDOT to reconsider route
Iraqis call for amendments to U.S. security pact The Iraqi government has unanimously agreed that a security pact with the United States lacks "some necessary amendments," government spokesman Ali al-Dabbagh ...
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OC teachers presented with - GIFTS'
Chinese Muslims ordered freed from Gitmo A U.S. judge has ordered the immediate release of a group of 17 Chinese Muslims who have been held in the U.S. military facility at Guantanamo Bay, Cuba, for several ...
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Pride of Obion County: Businesses, individuals honored
Pride of Obion County: Businesses, individuals honored Posted: Thursday, September 25, 2008 8:45 pm The Messenger 09.25.08 By GLENDA H. CAUDLE Special Features Editor The Eddie Cox Senior Center was bursting ...
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Shooting being investigated
Shooting being investigated Posted: Friday, September 12, 2008 9:12 pm A Thursday afternoon shooting incident involving a Hornbeak woman and an off-duty Tennessee Highway Patrol officer remains under ...
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Change the order of the day for Obion County School Board
In battered Haiti, desperation grows Four major storms have raked the desperately poor country of Haiti in the past month, leaving at least 341 people dead.
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LCSD officers' patrol car rammed in chase
An Obion County woman led officers on a two-county, high-speed chase in which she tried to ram the officers' vehicle on multiple occasions and was finally stopped in Obion County when sheriff Danny Tippit used ...
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Health care cuts put man's life in the balance
Health care cuts put man's life in the balance Posted: Tuesday, August 19, 2008 10:53 am The fate of one man's life hangs in the balance as a Northwest Tennessee family fights to keep his health care from being ...
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Federal funding available to provide housing for families
Federal funding available to provide housing for families Two grants totaling $590,803 were awarded to the City of Hornbeak and the Carey Counseling Center Inc.
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1,689 vote early in county; others to cast ballots Thursday
All are being watched over by 100,000 security force members. Posted Wednesday, August 6, 2008 6:18 pm CDT Iraqi lawmaker: Surplus 'not real money' Iraq's government is pulling its weight to reconstruct its ...
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Judge Hayes retires, will serve as senior judge
Deadly floods leave China facing new crisis Floods in southern China have killed 57 people and forced more than a million people from their homes, Chinese state-media reported Monday.
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OC native retiring as appellate Judge
Tennessee Court of Criminal Appeals judge and Hornbeak native son David Hayes will retire June 30 after about 30 years in the legal profession.
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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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