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Somerset, 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 Somerset, 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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Somerset, Wisconsin News
Giving thanks ... despite facing life's tragedies

A ball of fire forever altered Joe Dubak's life two years ago. On Dec. 29, 2006, Dubak was working to dismantle an abandoned car at his place of employment north of New Richmond.


'Dr. Drury' dynasty draws to quiet close

On the wall of the Family Medical Surgical Center in New Richmond are photos of the long line of Drury doctors who have treated area patients for decades.


Somerset kids to sing on Christmas CD

Heidi Olsona s kindergarten class has gotten the rare opportunity to brighten the Christmas season for thousands of people.


St. Croix Central boys, New Richmond girls perform well in 2008 State Cross Country Meet

It's been a year since the U.S. Post Office approached the Somerset Village Board about building a new facility.


Online classes next wave of the future at SHS

Students at Somerset High School will soon be able to take online classes. The School District is becoming involved with the Wisconsin Virtual School, which is a clearinghouse for online classes in the state.


Holiday program pooling resources

In these troubled economic times, more families are looking for help - " especially with the holiday season around the corner.


3rd Bar Robbed

Yet a third report of a tavern robbery in western Wisconsin. St. Croix county sheriffs officials say a man with a handgun robbed the Cedar Creek Inn near Star Prairie, Sunday morning.


Making a big Splash

The little country-music festival that could is going big time in its second year in Somerset, Wis.


Restraining order issued against St. Croix County official's husband

A restraining order has been issued against Pat Walsh, husband of St. Croix County Register of Deeds Kay Walsh, for conduct toward Walsh's possible successor.


Grace Place hosting dinner to raise funds

"Some people don't know who we are." Duana Bremer, director of Grace Place in Somerset, said she was shocked when she heard some community members ask her what the facility did.


Stand-up desks provide a firm footing for fidgety students

Fifth-grade reading teacher Pam Seekel thinks maybe she did kids a disservice over the years when she told them to sit still, to quit fidgeting so they could focus.


Monday Wisconsin Public Radio politico forum to focus on 30th Assembly District

The race for the 30th Assembly District will be the focus of a political forum Monday on Wisconsin Public Radio's "The West Side." The forum will feature Rep.


Family of suspect in Hudson, Wis., slaying feared for their lives when he showed up at parents' home

Police believe he shot girlfriend before going to parents' By Kevin Harter kharter@pioneerpress.com Article Last Updated: 09/23/2008 10:21:47 PM CDT The family of Christopher S. Ledesma feared for their lives ...


Somerset, Wis. / Schools cut lunch losses

A new accounting system, along with a downturn in the economy, likely led to a $91,000 shortfall in the Somerset school lunch program during the 2007-2008 school year.


One dead, two injured following Hwy 53 crash

The Barron County Sheriff's Department is investigating a crash on Hwy. 53 that killed one, injured two others and also led to a partial closure of the highway for 2 hours.


Minnesota And Western Wisconsin / Economic woes strap food shelves, shelters

After months of high food and fuel prices, demand on Minnesota and western Wisconsin social service agencies continues to grow.


New Richmond school district will pay for 'green' certification

It's not a done deal, but Jamie Thelen hopes to be working in Somerset soon. Thelen, president of Sands Companies, Inc.


Dweebs light up the night

The Dweebs, from Somerset, WI lite up the night with their musical performance at Gandy Dancer Days in Webster Saturday night.


Western Wisconsin free clinic provides health care and hope for uninsured, underinsured

This text is replaced by the Flash movie. Clutching a handful of empty brown prescription bottles, Willy Roettger Jr.


Woman found dead on St. Croix

A 20-year-old woman was found dead Sunday afternoon on the St. Croix River. According to a Washington County Sheriff's Office press release, a 911 caller reported that the woman had fallen from the Arcola High ...


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