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Watertown, 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 Watertown, 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
| Watertown, Tennessee News |
Flood map errors cost homeowners
PROBLEM: Roger Copas of Watertown was shocked to learn that his house is in a flood hazard area, according to a recently updated map from the Federal Emergency Management Agency.
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10-Year-Old Buys Food For Two Watertown Families
A 10-year-old girl from Wilson County has turned $20 into enough money to feed two families.
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Warner Bros. Seeks Local Train's Profits
A large movie company is putting the brakes on part of an annual fundraiser for Nashville's nonprofit train museum.
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Take old-time transport to Watertown
It's just 50 minutes by car to Watertown, a picturesque little town in Wilson County, but the most enjoyable way to get there is by train.
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Lebanon City Worker Charged With DUI
A city worker is under investigation in Wilson County after being charged with driving under the influence and wrecking two vehicles.
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Hosting the movie industry: TN cities play starring role
Columbia Mayor William Gentner had never heard of Miley Cyrus when Walt Disney executives told him she would be starring in the new movie filming in his town.
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Seven throw their hats in for Wilson board race
Seven people are pursuing seats this year on the Wilson County Board of Education, which governs a school system that is wrangling with the demands of a rapidly growing student body.
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Wilson suggests lower property tax rates
The state comptroller's office has completed a review of property assessments in Wilson County and suggested new, lower tax rates there.
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Wilson suggests lower property tax rates
The state comptroller's office has completed a review of property assessments in Wilson County and suggested new, lower tax rates there.
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Vaughn-McDowell
Janice Vaughn of Murfreesboro and Rodney Vaughn of Rockvale announce the engagement of their daughter, Kristen Leann Vaughn, to Joshua Darrol McDowell of Milton, Tenn.
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Watertown Resident Is State Truck Driving Champion
Justin Hayes, of Watertown, was named the best professional truck driver in Tennessee after winning the four-axle competition and receiving the highest overall score in the eight competing categories at the ...
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Suspects in Wilson Co. home invasion in custody
Authorities in Wilson County have three suspects in custody after a morning home invasion.
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Wilson officials seek help to solve thefts
Authorities in Wilson County are offering a $1,000 reward for tips that could help them solve a string of thefts.
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A Daughter's Plot to Murder Mom?
Karen Colleen Stribel loves to talk about the beauty and serenity of her land in Watertown, Tenn., not far from Nashville.
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Tight state budget derails parent's hopes for pre-K
Middle Tennessee parents are being notified their children won't attend state-funded pre-kindergarten this fall, their registrations canceled in the wake of an abrupt freeze on a planned $25 million program ...
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Baby dies in Wilson County wreck
A baby died Thursday when a wreck in Wilson County caused the child to be thrown from the vehicle, the Tennessee Highway Patrol reported.
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Tapes reveal hitman plot to kill mom
"There has to be an agreement. ... They didn't reach that limit here." Colleen Stribel spent two hours Wednesday listening to police testimony and secret recordings about plans for her murder. via The Tennessean
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Billy Graham's life story headed to movie theaters
When you think about the early years of Billy Graham's life, it should come as no surprise that it is the perfect storyline for a big screen script. via WCNC
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Behind-the-scenes | 'Billy: The Early Years'
"What an incredible legacy to get out into the world." The story of Billy Graham is known all around the globe. He's a Charlotte boy who grew in stature to become an icon. via WCNC-TV Charlotte
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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 was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.
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