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Alachua, FL FHA Loans in Florida

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 Alachua, FL 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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Alachua, Florida News
As Florida budget is cut, hospitals bleed

After weathering back-to-back budget cuts, Florida hospitals now face a $137-million reduction that could soon put the state's health care system into crisis and lead to the closure of some facilities, ...


Robbers kick their way into Alachua home

Published: Tuesday, January 6, 2009 at 2:30 p.m. Last Modified: Tuesday, January 6, 2009 at 2:30 p.m. Three men, one armed with a gun and all disguised with ski masks, broke into a locked Alachua home and ...


Florida 4-H to celebrate 100 years

In 2009, Florida 4-H Youth Development will celebrate 100 years of teaching youth to become community leaders with their head, heart, hands and health at the Florida State Fair.


Applications pour in to Alachua Lowe's

Published: Saturday, January 3, 2009 at 6:01 a.m. Last Modified: Friday, January 2, 2009 at 9:12 p.m. Lowe's Home Improvement has been deluged with applications for its new Alachua store, slated to open in late ...


Dog days for Alachua cops

Published: Thursday, January 1, 2009 at 6:01 a.m. Last Modified: Thursday, January 1, 2009 at 12:05 a.m. An officer with the city of Alachua Police Department, who had been called out to a report of a dog ...


Alachua Conservation Trust adds 2 new sites

Published: Tuesday, December 30, 2008 at 6:01 a.m. Last Modified: Monday, December 29, 2008 at 11:42 p.m. Two pieces of southwest Alachua County land that have been host to endangered whooping cranes and harbor ...


'Harmless' makeshift bomb found in mailbox

Published: Sunday, December 28, 2008 at 6:01 a.m. Last Modified: Saturday, December 27, 2008 at 10:42 p.m. A suspicious metal container found in a Turkey Creek mailbox on Saturday morning was detonated by ...


Ruby Lee Dukes

Ruby Lee Dukes, 80, of Umatilla, died Friday, Dec. 19, 2008 in Eustis, Fla. She was born in Alachua, Fla.


U.S. Patent Disclosures

7,456,027, titled "Proteolytic Biomarkers for Traumatic Injury to the Nervous System." It covers a method of determining the presence of neural injury through the measurement of proteolytic breakdown products ...


Around the Region

Published: Saturday, December 20, 2008 at 6:01 a.m. Last Modified: Saturday, December 20, 2008 at 12:51 a.m. Police Beat Woman in fatal crash identified The driver killed in a firey one-car crash on Thursday ...


Williston gets first motorcycle patrol officer

Matthew Fortney's 12-year career with the Williston Police Department has included thousands of hours in training for learning things such as methods for defusing domestic disturbances, SWAT team techniques and ...


Andy Andrews can vote in Chiefland

Chiefland businessman A.D. "Andy" Andrews can vote in Chiefland city elections, but the judge who granted Andrews' request says the ruling is exclusive to Andrews.


Keep your shorts on for the holidays

Published: Wednesday, December 17, 2008 at 6:30 a.m. Last Modified: Wednesday, December 17, 2008 at 5:43 a.m. Stop dreaming about a white Christmas if you are planning to hang around Florida for the holidays.


Alachua man arrested for firing gun outside 'for fun'

Published: Tuesday, December 16, 2008 at 10:45 a.m. Last Modified: Tuesday, December 16, 2008 at 10:45 a.m. An Alachua man was arrested late Sunday after he told police he was firing a gun outside an apartment ...


Weather watches & warnings: Tornado watch canceled for Big Bend

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Alachua police chase ends with two arrests

Published: Friday, December 12, 2008 at 2:46 p.m. Last Modified: Friday, December 12, 2008 at 2:46 p.m. Alachua Police arrested two men after a pursuit of a stolen vehicle where one officer's car was almost ...


Area needs more rain

Published: Friday, December 12, 2008 at 6:01 a.m. Last Modified: Friday, December 12, 2008 at 2:52 a.m. Area wildfire officials were disappointed Thursday after a line of thunderstorms dropped only a half-inch ...


Census searching for workers

Published: Monday, December 8, 2008 at 6:30 a.m. Last Modified: Monday, December 8, 2008 at 6:01 a.m. Manuel Landivar has what a lot of people are looking for right now - jobs with above-average wages and ...


McAlpin woman not to blame in fatal High Springs crash

Police investigators have concluded that the death of 51-year-old Cheryl Everly of McAlpin was the fault of the driver of a minivan that pulled into the path of her motor scooter on Aug.


Road construction around North Florida

Published: Monday, December 8, 2008 at 7:37 a.m. Last Modified: Monday, December 8, 2008 at 7:37 a.m. Road work will be continuing along roads in several North Florida counties this week, the Florida Department ...


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