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Altoona, 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 Altoona, 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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Altoona, Florida News
Major waste water spill

One person was killed this morning after a semi-truck overturned in an accident that left thousands of gallons of waste water on the roadway.


2nd person arrested for beating bab.....

Another person is facing criminal charges in connection with the starving and beating of an Altoona child earlier this year.


The Faces of Hope: Young & Homeless

Daniel Clark is too young to be homeless. At 20, he's the youngest man at the Mission in Citrus.


Lake County kudos

Sunshine State Scholar Clayton Fuqua, a senior at Umatilla High School, was selected to represent Lake County schools in the Regional Sunshine State Scholar Program in Math and Science, sponsored by the Florida ...


Lake County Police Log

Following are some of the incidents recently reported to area police agencies and the Lake County Sheriff's Office .


Volusia County Births

Some births may not appear in this listing because some hospitals are no longer releasing the names of newborns for publication.


Good Samaritan came to the aid of us two

He then directed us to follow him to the off ramp at exit 126, and then to White Tire on Mine Road.


Oktoberfest seniors' social lunch

The Fruitland Park Recreation Department will have a seniors' social buffet lunch Oct.


A school-lunch star

Lake County is home to one of America's top lunch ladies. Linda May, food manager at Astatula Elementary, recently was named the grand-prize winner in the Jennie-O-Turkey Store's national recipe contest with ...


Marion deputies find meth lab

Marion County deputies said they stumbled upon a methamphetamine lab when trying to serve a search warrant north of Umatilla on Monday.


East, north Lake roads flooding due to Fay

Tropical Storm Fay continued to wear out its welcome today, dumping rain across Central Florida, including North Lake County.


Explore rural Altoona during annual trail ride

Horse lovers are invited to a day of family fun at the annual trail ride for Horses Helping Hospice at Rocking Horse Stables in Altoona on Oct.


Budget tight? Try KidCare health insurance

As the new school year approaches, the Lake County Health Department advises parents to apply for KidCare health insurance for their children.


Lucille Carroll

Age: 68. Family: Husband, James; three children; two grandchildren; and two great-grandchildren. Where I live and for how long: Altoona for 51 years.


Lake County community notes

Lakeview Terrace Retirement Community, County Road 42 in Altoona, will host a meet-the-candidate session at 1:30 p.m. Aug.


Lake names official historian

Lake County Commissioners approved a resolution Tuesday, naming Diane Kamp the county historian.


Lake County man accused of killing construction...

Prosecutors say a Lake County man accused of killing a construction supervisor in a roadside dispute three years ago is now competent to stand trial.


Storms could bring heavy winds, lightning

Strong storms are moving into Central Florida, particularly Lake and west Orange counties, forecasters said.


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