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

Somerville, 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 Somerville, 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

Somerville, Tennessee News
Small-Pharmacy Owners Urge Changes

The third of the month is one of the busiest days for Super Drugs in Somerville, but owner Whit Middlecoff set aside time Wednesday afternoon to talk to U.S. Rep.


Donations of food, volunteer time make a difference at Fayette Cares

YAHOO! Donations of food, volunteer time make a difference at Fayette Cares By David Healy , Memphis Commercial Appeal Tuesday, December 2, 2008 Hickory Withe resident Phil Lemoine spent a morning last week in ...


Retired state senator Wilder recalls shift from 'family' to partisanship

UNION CITY, Tenn. - Now that he's a private citizen again, former Tennessee Lt. Gov. and state Sen.


Switchgrass harvest for 'grassoline' plant

Farmers in east Tennessee are harvesting 723 acres of switchgrass this fall which a new cellulosic ethanol plant will turn into 'grassoline.' SOMERVILLE, TENN., cotton producer Willie German visits with Kelly ...


'Making the transition' - Life after student training center closes

After the Shelby Training Center closed its doors last summer, the approximately 150 adjudicated males had to be moved to other facilities.


Medicare Advises Recipients To Shop Around

The Aging Commission of the Mid-South has scheduled workshops to help Medicare recipients choose a prescription drug plan.


Desmond Yates - Men's Basketball

Who cares if it's just exhibition games? After being chosen as the Sun Belt Conference's Preseason Player of the Year, MTSU junior forward Desmond Yates is doing everything in his power to live up to the hype ...


Gresham defeats Camp as GOP bolsters its control of Tenn. legislature

BREAKING NEWS: Barack Obama elected the nation's first black president, The Associated Press reports.


Control of Tenn. Senate could depend on 3 races

Three key races that could tip the balance of power in the state Senate provided some of the greatest suspense on Election Day in Tennessee.


Catalytic Converter Thieves Sought

Jackson police release the names of four West Tennesseans who they say are responsible for several thefts of catalytic converters at car dealers.


Three races key to control of state Senate

An alleged marital affair. An ethics complaint. An attack ad. The battle between Republicans and Democrats to control the state Senate has heated up in three races crucial to both parties -- and it's showing in ...


Fayette Co. Dems chairman files ethics complaint against Gresham

Fayette County's Democratic Party chairman has filed an ethics complaint against Republican State Senate candidate Dolores Gresham charging that she should have disclosed her husband's interest in a state farm ...


State rep.'s husband gets farm grants

The husband of a state house representative has received $26,850 in state taxpayer-funded farm grants and is approved for more.


Somerville school's TAKS score raised

Somerville Elementary School's state accountability rating has been upgraded after an appeal from the district.


Ride to Restaurant Ends with Beating and Robbery

This is a news release issued by the Shelby County Sheriffa s Office: Sheriffa s detectives are looking for one of two men who beat and robbed another man this past weekend.


Bredesen Announces Tire Cleanup Grant for Fayette County

' Governor Phil Bredesen and Department of Environment and Conservation Commissioner Jim Fyke today announced a $163,305 Waste Tire Cleanup Grant for Fayette County.


Alexander buys Neill-Sandler Toyota

The Alexander automotive family added Toyota this week to its roster of nameplates it offers in Murfreesboro.


Fayette Co. poll worker fired

SOMERVILLE - The Fayette County Election Commission has fired a poll worker over a claim she tried to influence a persons vote.


GOP sees three run to replace Wilder

The state senator has been from the western part of District 26 for a long time.


Swapping barbs in Dist. 94

YAHOO! Swapping barbs in Dist. 94 Doll, Starnes, Rich take a few jabs at each other By David Healy , Memphis Commercial Appeal Friday, August 1, 2008 Barrett Rich may be in his first campaign, but he has ...


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)