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FHA Loans

FHA loans differ from conventional loans in a number of ways. The down payment required for a 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 borrowers 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 3.5-5%

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.

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Anahuac, Texas News
The True Hero of the Alamo

He did what he had to because there was no choice. The act was thrust upon him. When people talk about the Alamo, the names of the heroes that first leap to mind are Crockett, Bowie, and Travis.


Refuge offers top birding

Anahuac National Wildlife Refuge is a wild, remote, exciting place to spot springtime birds and other critters.


Boys Hoops Regional Pairings

Login or register Comments Terms of Use: We welcome your participation in our community.


Woodson helps others find joy in barbecue

With directions scribbled on a reporter's notepad, we went to the home of Precinct 4 Commissioner David Joe "Woody" Woodson on Monday, Feb.


Are your tax dollars paying for a family affair?

The federal government is investigating hurricane contracts during Ike cleanup in Liberty and Chambers County after what 13 Undercover discovered.


Anahuac urder captures - Most Wanted' attention

Carrie Wilson of Winnie vividly remembers the spring day she was walking down Ferry Road when she spotted what looked like a mannequin floating in the water.


Anahuac junior athlete does it all

Anahuac's Cody Johnson is one of the more versatile prospects in Southeast Texas.


Today's Mystery Bird for you to Identify [Living the Scientific Life (Scientist, Interrupted)]

GrrlScientist is a colorful parrot who writes by typing with her beak. She's also an evolutionary biologist and a proud member of the vast left-wing conspiracy that your mother warned you about.


Gulf Coast cold wave of 1895 froze Sabine Pass

Below-freezing temperatures and gusty winds sent Southeast Texans into a flurry of activity these last few days.


Search for a American dream' leads to death

Three Puerto Rican natives, who told a judge they were here in search of the "American dream," are now in Chambers County jail charged with fatally stabbing a man whom neighbors said had provided the trio shelter and then burning down his house.


Victim Of Hurricane Ike Identified

Remains found nearly a year after Hurricane Ike stormed ashore in Texas have been identified as those of a man who had been missing since Ike struck.


NORAD to track Santa for 54th year

NORAD has been tracking Santa each year since 1955 from their Cheyenne Mountain Operations Center in Colorado.


Panther trio, Daytona s Hill earn AP honors

The Associated Press Sports Editors were impressed with the Anahuac Panthers. Three senior members of the District 23-2A runnerup squad earned honorable mention on the All-State Class 2A football team for 2009.


Women's bodies found near tracks, on city street

Two women were found dead Saturday morning in Juarez. About 2 a.m., a woman in her 30s was shot to death by gunmen near railroad tracks in the San Antonio neighborhood, Chihuahua state police reported.


Despite the decline in the Bay, Danton's still has oysters

Yesterday's New York Times highlighted the problem that oystermen in Galveston Bay are having since Hurricane Ike destroyed many of the oyster beds .


Church Gives Away 8400 lbs of Food

A church in Anahuac has been reaching out to the community since hurricane Ike swept across southeast Texas.


Schools file lawsuit over new minimum grade ban

Five Houston-area school districts filed a lawsuit against the state education commissioner over his interpretation of a new law prohibiting minimum grading policies, a lawyer said Thursday.


Houston-area schools sue state over grading policy

Six Houston-area school districts are suing the state education commissioner over his decision to forbid teachers from giving students report card grades they didn't earn.


Weekend Weather Forecast For Houston TX And Vicinity, Friday, November 20, 2009

What do you get when you mix a deep moisture fetch off the Gulf of Mexico, a digging "Four Corners" shortwave and a an impulse moving northeastward from Mexico along the subtropical jet stream? "Heavy rain" and "potential flooding", along with "miserable start to the weekend" quickly come to mind.


Weather Forecast For Houston TX And Vicinity, Thursday, November 19, 2009

The easy part of this forecast is that it includes rainfall. But the more difficult aspect is determining just how much.


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"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
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