Monterey, 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 Monterey, 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
| Monterey, Tennessee News |
I Found It At The Library
"The love of learning, the sequestered nooks, and all the sweet serenity of books." - Henry Wadsworth Longfellow What the library means to me Several weeks ago I asked you to write to me either by e-mail at ...
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Looking Back: a weekly historical news feature
By Dorothy Copus Brush Chronicle contributor November 1897 The people of Monterey and vicinity are again agitating the question of petitioning the legislature to establish a new county seat.
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21-year-old found dead in county jail
A Putnam County man arrested on a drug charge Monday afternoon was found dead in the Cumberland County Justice Center hours later and officials are awaiting results of an autopsy and drug screen before ...
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Nashville May Be Affected By Winter Salt Shortage
A lot of snow in Middle Tennessee this winter could lead to big problems for drivers.
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Suspected Killer Arrested In Putnam Co.
A simple seat belt violation in Putnam County helped to arrest a man accused of killing a person in Mexico.
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She's celebrating a century and a decade
Some might consider 75 old, but to Reeta Jones of Monterey, Tenn., who will celebrate her 110th birthday Friday, 75 was back in her youth.
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Pete Stubbs laid to rest
Dozens of citizens turned out Tuesday to pay their final respects to former Cumberland County Clerk Pete Stubbs.
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Hinch earns architectural award
Derrick Clemow, left, of Uplands Design Group, presents Tonya Hinch, right, with the Presidential Award of Merit from the American Institute of Architects.
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Monterey to host Indians' Standing Stone event Oct. 11
American Indians will once again be a part of the annual "Ceremony at the Standing Stone," on Standing Stone Day, Oct.
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Library groundbreaking postponed one day
The official groundbreaking ceremony for the new Art Circle Public Library has been postponed for one day and will now be held Wednesday, Oct.
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Livingston Rd. north of Miller to be closed for work on signals
Beginning Monday morning, Sept. 29, through Thursday, Oct. 2, Livingston Rd. on the north side of Miller Ave.
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the Way I See it: Truth is determined by the readers
There are probably as many reasons why people write, as there are writers. Some people write for the same reason that some people talk.
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Harold R. Hageman
Aug. 27, 1930 - Sept. 13, 2008 Harold Russell Hageman, 78, of Algood, passed away Sept.
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Sorghum still hits a sweet spot
In To Kill A Mockingbird , country boy Walter Cunningham douses his dinner plate - vegetables and all - in a steady stream of syrup.
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Van burglary suspect makes first appearance
A rural Monterey area man charged with breaking into a government-owned van earlier this month had his case continued until Oct.
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Around the Town: Methadone clinic may come to Monterey
I was talking with my friend Steve Stone on the phone earlier this week about the possibility of a methadone clinic being located in nearby Monterey.
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Wyatt comes through big time in firefly collecting
Responding to the call of science, Crossville lightning bug collectors in 2008 delivered 1,997 grams of lightning bugs.
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Drucilla's Little Helpers: Corn souffle
My typing is getting faster since my hand surgery. Can you tell? I'm going much faster than I was.
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Ethel Brown
July 1, 1920 - July 28, 2008 Ethel Brown, 88, of Birmingham, AL, formerly of Mayland, passed away July 28, 2008.
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Monterey nurse has license suspended
The Tennessee Department of Health's Board of Nursing, meeting in regular monthly session in June, took the following action.
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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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