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FHA Loans

FHA loans differ from conventional loans in a number of ways. The down payment required for a 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 borrowers 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 3.5-5%

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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Astoria, Oregon News
Brown pelicans won't flow south from Oregon coast and that worries scientists

A group of brown pelicans gathers at the Wildlife Center of the North Coast near Astoria.


Court orders Port of Astoria to renew LNG lease

ASTORIA, Ore. - U.S. District Court Judge Michael Mosman has ordered the Port of Astoria to renew its lease on the Oregon LNG site in Warrenton.


Judge orders Port of Astoria to renew Oregon LNG lease

A federal judge has ordered the Port of Astoria to renew a controversial 30-year lease with the state on a spit of land in Warrenton.


Dog aggression can lead to tragedy

For every adult who resides with both a dog and a child under the same roof, I have four words: It happened so fast.


RFP: CM/GC for Innovative Care Campus Project

Bid Date/Time: March 23, 5p.m. Project consists of a request for proposals from qualified Construction Manager/General Contractor firms for predevelopment consultation and construction of the new 40-unit Innovative Care Campus to be constructed at the Mill Pond Village located at 23rd and Marine Drive in Astoria, Oregon 97103.


Across The Nation

President Barack Obama on Monday addressed the nation's school dropout epidemic, proposing $900 million to states and school districts that agree to drastically change or even shutter their worst performing schools.


Prosecutor in Manhattan Will Monitor Convictions

The Manhattan district attorney, Cyrus R. Vance Jr. , announced Thursday that he would start a program to safeguard against wrongful convictions , addressing one of the most talked-about topics during his campaign for the office.


Astoria residents protest Columbia River LNG plant

Citizens filled the gymnasium at Knappa High School, located east of Astoria, to express their concern and to learn more about the proposed liquefied natural gas plant along the Columbia River.


Astoria-area death shows how circumstances can change dogs from friendly to ferocious

A tragic event in Clatsop County has many dog owners wondering how a trusted friend suddenly turns into a killer.


Big changes for Coast Guard in Pacific Northwest

ASTORIA, Ore. - Big changes are coming to the Coast Guard's organization in the Pacific Northwest.


'Ax Men' star's daughter killed by dog

The stepdaughter of Jesse Browning, the star of a reality show about loggers, was attacked and killed by the family's dog in Astoria, Oregon, an investigator said.


Daughter of Ax Men Star Mauled to Death by Family Dog

Another sad dose of real life has hit the family of a reality TV star. The 4-year-old daughter of Ax Men slinger Jesse Browning has been mauled to death by the family's Rottweiler.


Four-year-old killed by Rottweiler in Astoria

A 4-year old girl died Sunday after being mauled by the family's Rottweiler. Clatsop County deputies were called to a Svenson home, 4200 block of Hillcrest Loop Road, just east of Astoria, at about 1 p.m. after Jesse Browning called 9-1-1 to report his daughter, Ashlynn Anderson, had been attacked, said Sheriff Tom Bergin.


Coast Guard rescues man after plane crash

ASTORIA, Ore. - The Coast Guard rescued a 54-year-old man from a forested area after his plane crashed.


Tsunami advisory issued along Oregon and Washington coast after Chile quake

Vehicles are overturned on a highway that collapsed near Santiago when an 8.8-magnitude earthquake struck central Chile early Saturday.


Portland man accused of intentionally hitting cyclist

ASTORIA - A Portland driver has been arraigned on accusations he intentionally struck a bicyclist on U.S. Highway 101 south of Seaside.


Going vegan: Useful dining-out advice from arts patron and activist Paige Powell

When Paige Powell returned to her native Oregon from New York City in 1994, Portland didn't have much of a vegan dining scene.


Sturgeon seasons will reflect declining numbers

OREGON CITY - Faced with continuing declines in the number of sturgeon in the Columbia and Willamette rivers, fishery managers from Oregon and Washington on Thursday slashed the annual allowed catch of the highly prized fish for 2010.


Loss at Red Lion for quarter, year February 17, 2010

Red Lion Hotels Corp. Tuesday reported losses for the fourth quarter and full-year 2009 as an industry-wide downturn took its toll.


Astoria Apartment Intruders Threaten To Kill 4

Two intruders armed with guns stormed into an Astoria apartment early Wednesday and threatened four people at gunpoint, police said.


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