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Oakland, 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 Oakland, 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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Oakland, Florida News
1,300 miles on a bike means $1,300 for rescued pets

Sherry McMahon biked the equivalent of a road trip from Central Florida to Boston in 2008 in an effort to raise funds for A Better Life - Pet Rescue.


2008 offered challenges to local municipalities

The four local municipalities in West Orange County had to deal with decreased revenues and increased demand for services and need for projects in 2008.


Oakland PD adjusting to economy downturn

Tim Driscoll is operating on a 14 percent smaller budget than last year, yet he still has the responsibility of protecting the citizens of Oakland as chief of police in the town.


ZIP glitch puts Oakland in pinch

Oakland has no problem with 34760; it's those newer addresses with the 34787 ZIP code that are causing the town to lose revenue.


Christmas parades in Winter Garden and Ocoee are Saturday

The big kickoff to Christmas in Winter Garden and Ocoee takes place this Saturday when the two cities host their annual Christmas parades.


Reading Reindeer continues serving local children in need

The books are coming in, but Reading Reindeer still needs your help to meet its goal of 2,000 books and $6,000 to purchase new copies of Dr.


Oakland extends lease for charter school pre-K

Parents in West Orange County will have the option of signing up for the Voluntary Pre-Kindergarten program at Oakland Avenue Charter School for at least three more years since the Oakland Town Commission ...


One dead, one injured in Turnpike crash

A crash on Florida's Turnpike north of Oakland Monday injured one person and killed another, the Florida Highway Patrol said.


Leadership class graduates

The West Orange Chamber of Commerce's 2008 Leadership Class completed its course by working a day at Oakland Nature Preserve as a community service project.


Some Oakland water violators due refund

The town of Oakland has admitted to making a procedural error and is issuing refunds to 60 residents who were issued citations for water violations in 2008.


Oakland chief compares this year's crimes to '07

Overall crime is down in Oakland this year, Police Chief Tim Driscoll told the Town Commission at its regular meeting last week.


Oakland planning ahead for pipe, road projects along 50

When the state's transportation department begins its massive State Road 50 widening project next March, it will have a major impact on businesses, residents and drivers in West Orange County.


Oakland updating regulations for

Debris in the yards. Boats stored on vacant lots. Abandoned vehicles that are eyesores.


ESA Welcomes Game Pirate Jail Sentences

Kevin Fuchs of West Amherst, NY, and Kifah Maswadi of Oakland, FL, were sentenced to eight and 15 months in prison, respectively, this summer.


Media firms create shared HQ in Winter Garden

Two film and entertainment companies are teaming up to build a new 10,000-square-foot, $1.2 million headquarters in downtown Winter Garden that's expected to enhance in-house partnerships and productivity.


ESA Applauds Prison Sentences for New York and Florida Game Pirates

These rulings send a clear message that intellectual property theft and game piracy are serious offenses.


Oakland teen-ager coping with paralysis after car accident

The vibrant Oakland teen-ager had just graduated from West Orange High School and was ready to start classes at Valencia Community College.


Pirated games businessman jailed for 15 months

A man who set up a business selling pirated games on consoles has been jailed for 15 months and fined $415,900. Kifah Maswadi, age 24, of Oakland, Florida, had been selling a handheld gaming console called ...


Oakland eyes unique ways to trim costs

The ideas might not be conventional for a town working on its next fiscal-year budget, but, then again, Oakland has a history of getting creative when a problem needs to be solved.


Nintendo Game Pirate Walks The Plank

A 24-year-old man from Oakland, Florida has received 15 months in prison and a $415,000 fine for selling those all-in-one Nintendo Entertainment System knockoffs, reports GamePolitics.


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