Insured Mortgage Plan under the National Housing Act
The insured mortgage plan guarantees lender losses via a mutual mortgage insurance fund and applies to insured loans approved by the Federal Housing Administration. Eligible borrowers are responsible individuals with income and good credit, and lending institutions must be approved by the FHA, such as Elyria Savings and Trust Co. The program accepts various residence types up to four units, located in urban, stabilized areas with local utilities and durable construction. Loans max at the lesser of 75 percent of appraised value or $16,000, repaid in equal monthly installments covering interest, principal, service fee, and estimated taxes and insurance. Mortgage insurance is required, and the plan also covers refinancings for existing dwellings meeting standards.
MENTIONED IN THIS ARTICLE
Federal Housing Administration
Elyria Savings and Trust Co
Bank On the
Federal Housing
Equitable Life Celebrates 77th Anniversary this Month
The Equitable Life Assurance Society marks 77 years since its New York authorization on July 26 1859 founder Henry Hyde and one clerk began operations. Now a leading global life insurer with assets over 1 800 000 600 and life insurance in force exceeding 6 570 000 000. Total policyholder payouts reach 2 681 046 277 37. Secretary Williams Alexander longtime officer, has served 17 years with 67 total in the firm. John T Shook oversees Lorain Medina district operations with Elyria staff including Henry Heldrich J M P Nicol and R W Gleason.
MENTIONED IN THIS ARTICLE
Equitable Life Assurance Society
U. S
Equitable
New York
Henry Hyde
Henry B. Hyde
Williams Alexander
Alexander
Henry R. Hyde
Enioy
Elyria
Ely- Tria
Lorain
Medina
Brie and Fruron
Ely
Henry Heldrich
J. M. P. Nicol
R. W. Gleason
Choice Of Wrong Color Can Spoil Beauty Of House
The article advises careful color selection for exterior house painting to avoid spoiling appearance. It notes blending with surroundings, impact of light and dark shades on size and prominence, and considers house size, architecture, and nearby buildings. It promotes durability, then invites readers to Studebaker Chemical Company for color recommendations at 144 Middle Avenue.
MENTIONED IN THIS ARTICLE
Studebaker Chemical Company
Middle Avenue
Mortgage planning plan offers steady payments and savings
The Elyria Savings and Trust Co officers state the plan eliminates frequent refinancing, ensures regular payments within income, and reduces mortgage financing costs for buying, building, or refinancing. They offer experienced guidance and will render assistance to customers.
MENTIONED IN THIS ARTICLE
Elyria Savings and Trust Co
Also Mentioned on This Page
Brown Oil Co
Brown On Company
Brown Oil Company
Senuine
Elyria Fence Co
Temple Court
de Bray
Barnes Ivanhos Oilstovs Nery
the Heldmyer Hardware Co
N. F. Kelling Co
Lincoln Theatre
Howard Wilson
9Th Street
United Dry Cleaning
Home Owned and Operated
Farm Bureau Paint
Open Formula Paints
Buy Co-operatively Farm Bureau
Huron St
Hamilton
J. H. Bell
Broad Street
C. W. Barres
Middle Av
WPA
State Department of Health
Inter-City Coal and Supply Co
For
Studebaker Chemical, CO
Middle Ag
Crawford
Granite, Concrete Block and Coal Co
Rush Street
B. and
General Tires
Tom Welsh
Mer
West Avenue
2Nd Street
W. J. Farewell Merchant Tailor
Krause
Sears, Roebuck & Co
Nehi
NeHi Bottling Co
Harvey-Davidson
Sinclair Cycle Sales
Watch Regair
Vic Silver
East Avenue
Water St
Kennedy
C. W. Scheide
Karl Klein
Old Place
West Ave
C. J. Miller
Optometrist
Elyria Savings & Trust
Ely. Sav
the Equitable Life Assurance Society OF
The
John T. Shook
Dist
Mgr J, M. P. Nicol
Henry Heidrich
W. Gleason
Che Bank
Federal Deposit Insurance Corp
Federal Reserve System
Etyria Savings2trust
Plas Construction Company
Harry Bros
East River
Fourth St
Elyria Telephone Co
Cary
General Contractors
GO. V. Vincent
Elyria Builders League
W. W. Schubert
Chas
Novainy KE
F. Monroe
T. Meeker
Treas
James Giar
Pres
L. Meckler
S. J. Hastings
William J. Young
West Side Lumber & Coal Co
West Street
S. R. Nichols
Middle Avé
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!