Somerset Investors Corp. Mortgage Refinance, Reverse Mortage, Home Loan
  Reverse Mortgage Divorce Buyouts Debt Consolidation Home Improvement Purchase Refinance
Search Somerset:
Print this page    E-mail this page

Savannah, 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 Savannah, 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

Bad Credit? click here.

Call for COMPLETE details NOW!

(800) 675-9783

Savannah, Tennessee News
Local briefs: Pedestrian killed; Blood donors; Help The Sun

A pedestrian died Monday night after being struck by a SUV on U.S. 70 East, according to a report from the Tennessee Highway Patrol.


Cooking up new family traditions

Airman 1st Class Haylee Bullington, 19, and her husband, Matt, 23, are preparing for their first Thanksgiving away from home on Kadena Air Base.


Putting a thumb on crime: Small towns share problems of bigger cities

Rising crime rates in bigger cities have challenged police departments for decades, including the Jackson metropolitan area, which was ranked ninth in a 2006 list of America's most dangerous cities.


Man indicted; Loan seminar

A Savannah man accused of killing an employee outside his store was indicted by the grand jury on Monday.


Tennessee Woman Killed in I-80 Accident

A fatal accident claimed the life of a 29-year-old Savannah, TN woman on Sunday afternoon in Pine Creek Township, the DuBois State Police reported today.


Approaches to coursework vary in final stretch of semester

As school is dwindling down, students are revving up for the last few weeks allotted to them to complete their class work.


Amazing Tennessee history awaits you at The Carnegie Center

On the night of April 5, 1862, Gen. Ulysses S. Grant fell asleep in his bed at Cherry Mansion in Savannah under a large, colorful quilt.


Dennis declares victory in House 71

Tennessee Republicans appear to have picked up another seat in the state House of Representatives as Vance Dennis has declared victory in the District 71 race.


Small, quiet Sardis enhances downtown

The town of Sardis is located 18 miles from Lexington in the southeast corner of Henderson County.


Shiloh beckons to history buffs

SAVANNAH, Tenn. - Whether you come to Savannah to discover its intriguing history, taste the finest catfish to ever hit a skillet or land a lunker on Pickwick Lake, you'll find lots of ways to enjoy your stay ...


Souvenir collectors know that in some way, you can take it with you

The Hawaiian hula girl greets me at my desk every morning. She strums her ukulele and jiggles her grass skirt, thanks to a spring attached to her ceramic hips.


Jack McElroy: McElroy: Jim Gillett was a hero for daughter

On Sept. 28, Jim Gillett, a self-employed painter and decorating contractor, died after a severe bout of dehydration that might have been related to food poisoning.


Hardin County's Gilchrist throws five TDs in win

SAVANNAH - Hardin County quarterback Will Gilchrist threw five touchdown passes in the Tigers 35-14 non-region win over Lexington on Friday at Savannah.


Some students say they didn't get message

Students interviewed at MTSU Thursday afternoon for the most part said they received a text message announcing that classes had been called off for the rest of the week because of an emergency situation on ...


Governor certifies Main Street, Three-Star programs

Gov. Phil Bredesen joined Tennessee Economic and Community Development Commissioner Matthew Kisber in certifying 90 Three-Star Communities and 22 Tennessee Main Street programs at a recent recognition ceremony ...


Bagpipes' call an honor to answer for KPD officer

Everyone stops what they're doing at the sound of bagpipes, says Vincent Ayub. Their distinctive, ominous wail had the same arresting effect on the Knoxville Police Department lieutenant when he first heard it ...


Guardsmen come home after Iraq tour

LEXINGTON - The 251st Military Police Company returned to Tennessee on Friday with two missions accomplished.


West Tenn. National Guard units to return to state Thursday

Tennessee Army National Guard units from Bolivar, Lexington and Savannah will be back home in Tennessee on Thursday, scheduled to arrive by plane at 9 a.m. at the Guard's Army Aviation Support Facility in ...


Shiloh Park awarded $1M grant

Gov. Phil Bredesen joined state and local leaders at the Shiloh National Park Monday to award a transportation enhancement grant totaling $1 million for Phase 1 of the preservation and interpretation of the ...


Artillery returns to Chickamauga: Cannon used at 1863 battle returns after 145 years

Riley Gunter stands proudly with his authentic Confederate cannon. While many re-enacters took to the fields of Chickamauga on Saturday carrying a various assortment of reproduction Civil War pieces, one man ...


Save time with our easy online mortgage application.
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
 
"I prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.
© 2006 Somerset Investors Corp. All rights reserved.
home | about us | Mortgage Blog | contact us | privacy policy | state licensing | search | links | link to us | site map
mortgage calculators | refinance | purchase | fha | reverse mortgage | divorce buyout | debt consolidation
Eqaul Housing Lender Member of the Better Business Bureau (BBB) Member of the National Reverse Mortgage Lenders Association (NRMLA)