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Elm Grove, 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 Elm Grove, 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.

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Elm Grove, Wisconsin News
Elm Grove water plan might cost $6 million

With plans on hold to get Lake Michigan water, an alternative plan to get groundwater from Brookfield could cost Elm Grove about $6 million to build its first limited municipal water system.


For the holidays, Sendik's delivers the gift of food

Sendik's Food Markets has donated more than 100,000 pounds of food and $18,000 to Second Harvest to help feed the hungry in eastern Wisconsin.


Snow, Cold Could Mean Ice Monday Night

Milwaukee and surrounding areas saw the first few inches of snow this season fall Monday morning.


Library prepares for cuts

As the Common Council prepared to pass the 2009 budget this week, officials at the Brookfield Public Library were girding for cuts that could affect staffing and materials.


I-Team Follow Up: State Doesn't License Estate Sale Companies

An industry that allows its employees to spend hours in your home is not regulated or licensed here in Wisconsin.


I-Team Investigation: Treasure Traders

Imagine someone coming into your house, paying you pennies for your most valuable stuff, and then selling it for a huge profit.


Committee OKs fire station contractor

The city of Brookfield is moving closer to breaking ground on two new fire stations.


Interfaith Thanksgiving Gathers Body and Spirit

Thanksgiving is the quintessential American holiday - a time of peaceful, joyful gathering around the family table, or in other community settings.


Video of the Day: Heidi Klum plays "Guitar Hero"

Heidi Klum plays a game of strip "Guitar Hero." Published Nov. 12, 2008 at 4:04 p.m. Tags: heidi klum , guitar hero Since we've been focusing on things that are hot these days ... The hottest video on the Web? ...


To burn or not to burn leaves

David Chorski uses an electric blower to clear leaves from his yard in Brookfield.


Quest cards help local, low-income people

Koppa's Farwell Foods, like most grocery stores in Milwaukee, accept Quest cards.


The early bird catches the ... snowblower?

Jeff Reuteman of Ace Hardware on Watertown Plank Road in Elm Grove makes sure his store is gearing up for winter.


Kiwanis Club Bulletin

Meeting notes November 4th: Birthdays Jake Jacobs. Anniversaries: Kevin Dwyer & Rob Ritter.


Elmbrook School District levy increases 5.1 percent

The Elmbrook School District will levy $77 million this year in property taxes, 5.1 percent more than in 2007-08, according to the districta s final budget approved Oct.


Elm Grove lines shrink after early morning rush

Nov. 4, 2008 9:56 a.m. The long line of voters stretching in front of Elm Grove Village Hall before polls opened this morning had quickly dissipated, and people were moving smoothly through the polls shortly ...


Every School Every Week

Middle School students are rehearsing the monster melodrama musical, "I'm Sorry the Bridge is Out, You'll Have to Spend the Night." Performances are Friday, Nov.


Milwaukee/NARI Offers Tips to Cut Cold-Weather Energy Costs

Soon, there will be a changing of the guard in the yard, as rakes go back in and now shovels come out.


Seminary campaign gets $4 million challenge grant

The Charles E. Benidt Foundation of Elm Grove, Wis., has committed a challenge grant of $4 million toward the "How Will They Hear?" campaign of Concordia Seminary, St.


Fr Nate Reesman: Straight Talk on the Election

Fr. Nate Reesman is the associate pastor at St Mary's Parish of Elm Grove, WI. He preached on "render unto Caesar" this last Sunday--and it's worth reading excerpts .


Bluemound plan redirects access

John Schaefer wouldna t mind living on a cul-de-sac. As it stands, the Brookfield resident lives on a through street - Leanore Lane south of Bluemound Road, where he and his wife have resided for nearly three ...


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