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Stanton, 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 Stanton, 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
| Stanton, Tennessee News |
President Stanton: 'If you cut down a tree, it will stop growing'
As colleges across the nation are doing some "budget belt-tightening," many students are worried that the budget cuts are drastically going to change how students go to college.
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Stanton to Stay at ETSU
On Tuesday, Oct. 21,a university-wide e-mail informed many that ETSU President Paul Stanton will not be retiring next March.
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Ex-boyfriend accused of murdering Whitehaven mom
Posted by Kelly Hessedal Ex-boyfriend accused of murdering Whitehaven mom Regina Tidwell was found murdered Saturday morning Teenage son discovered the body Ex-boyfriend admitted to stabbing her to death A ...
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VW, Toyota latest to buy TVA megasites
The Tennessee Valley Authority's "megasite" economic development program is proving to be a megahit with major manufacturers.
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Plans move forward to lure industry to Haywood County megasite
Toyota chose Missis- sippi. Volkswagen chose Chattanooga. The decision by the two automobile manufacturers to build their next North American assembly plants in places other than Haywood County means this area ...
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TVA megasites a megahit
The Tennessee Valley Authority's "megasite" economic development program is proving to be a megahit with major manufacturers.
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Storm topples trees, cuts power
Straight line winds from a severe thunderstorm Monday knocked down trees and power lines, causing several areas in Haywood County to be without power, according to a dispatcher with the Brownsville-Haywood ...
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Tours Held To Look At Foreclosed Homes
"There were a lot of exotic mortgages out there. There were no income disclosures, no asset disclosures. So, they may have thought they could afford it, but they never qualified" New numbers released on Wednesday show home foreclosures are up 65 percent nationally, and the people losing their homes aren't just the poor and disadvantaged. via WSMV-TV Nashville
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Child's play: Mark Twain-inspired tale tweaked to fit young thespians
"Every time he had a cough I said, 'You better go see your doctor.' I knew mom would take me across the street to the theater." By Doug Mason Sunday, April 27, 2008 Alex Drinnen as fledgling detective Allan Pinkerton. via The Knoxville News Sentinel
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Woofstock '08
"T-shirts will be $10, but band members will autograph some. Those will go for $20" The cost is $5 and it's free for 10 and younger. The music lineup includes contemporary Christian rock, Southern rock, traditional rock and metal. via The Jackson Sun
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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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"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.
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