Algoma, WI FHA Loans in Wisconsin
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 Algoma, WI 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 WI
| Algoma, Wisconsin News |
Similarities abound for 53rd Republican candidates
The Republican candidates hoping to succeed state Rep. Carol Owens when she retires in November agree on a lot of things.
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Full of treasures
Tom Bintz, of Algoma, opened Dodge Street Antiques and Architecturals, at 307 Dodge St., Kewaunee, in the schoolhouse, next to the old Lutheran church May 7 and has been there seven days a week ever since.
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Wet Whistle Wine Fest is stomping good time
The Wet Whistle Wine Fest in Algoma has such an appeal that a group of Fox Valley ladies come every year.
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Artist uses landmark lighthouse for gift shop sales
The red lighthouse is Algoma's trademark. It's also artist Dona Fischer's. No one could possibly have drawn the Algoma Pier Head lighthouse as many times as Fischer, who has done it on just about every medium ...
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Eat Local Challenge slated
The Wisconsin Eat Local Challenge is designed to educate communities about the importance of buying locally grown and raised foods and encourage individuals to spend at least 10 percent of their food budget on ...
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Algoma Walking Tour brochure provides history of downtown
It's like getting a key to the city. A recently updated brochure, "Historic Algoma Walking Tour, Volume II," unlocks the past and provides a brief guide to downtown Algoma's historic sites.
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County addresses Human Services facility issues, problems
Kewaunee County Human Services has facility issues with offices in multiple locations, making efficiency difficult, Some offices are not meeting ADA criteria necessary to serve its clients.
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Luxemburg Centennial: Simonar's love of history comes alive in new book
Walking into Carol Simonar's home is a little bit like walking into centennial headquarters.
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Additional Farmers Market vouchers available
Additional funds were allocated through the Farm Bill to the Senior Farmers' Market Nutrition Program.
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Stroke and osteoporosis screening coming to Algoma
Residents living in and around the Algoma community can be screened to reduce their risk of having a stroke.
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Art of this world
Her husband, Randy, says, "She was born to do this." Indeed, the passion of realism sculptor Bren Sibilsky is evident in her works like Africa, a contemplative black man, and Aphrodite, the goddess of pleasure.
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Schools sets orientations, open houses
The Algoma School District has set its orientations for incoming freshman students as well as seventh graders at the high school/middle school building, and an open house for parents and students at the ...
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Luxemburg salutes new bank, veteran's memorial
The Bank of Luxemburg held a ribbon cutting ceremony on the opening of its new main office building on Saturday afternoon, while the Ralph Kline American Legion Post 262 dedicated theveteran's memorial on the ...
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Algoma's Shanty Days comes of age
It was cool and a bit rainy on Saturday, but Algoma's Shanty Days festival had otherwise good weather and great crowds while "turning 21." It didn't appear to be record-setter for the three-day festival.
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Algoma's LTCU fundraiser passes $200K mark
Ken Taylor, chairman of the Capital Campaign Committee for renovating the resident rooms at Algoma Long Term Care Unit, told the Algoma City Council on Aug.
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Algoma looks for way to cut fuel costs
Fuel costs last school year skyrocketed from $3 a gallon to more than $4, which prompted the Algoma School District Transportation Committee to pepper Dworak Bus Service of Kewaunee with questions on Thursday ...
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NEWs in Northeastern Wisconsin
The Algoma School District has set its orientations for incoming freshmen as well as seventh-graders at the high school/middle school building, and an open house for parents and students at the elementary ...
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McDermid takes IMCA modified race to the wire
Oconto Falls' Julie McDermid beat out Seymour's Brian Mullen, taking home the $1,000 top prize in the IMCA modified division during the Door County Fair races Wednesday night at Thunderhill Raceway in Sturgeon ...
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News in Northeastern Wisconsin
The Coast Guard has informed the Algoma marina that it is terminating the foghorn.
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Algoma city notes: Coast Guard may silence foghorn
The reassuring sound of the Algoma foghorn may soon be gone. The United States Coast Guard has informed the Algoma marina that it is terminating the fog horn.
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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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"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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