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.
Return to fha loans in the state of FL
| Alachua, Florida News |
Heart of the river
Published: Wednesday, September 3, 2008 at 6:01 a.m. Last Modified: Thursday, September 4, 2008 at 1:34 a.m. An Alachua Conservation Trust plan to preserve nearly a mile of Santa Fe River shoreline deserves ...
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Severe lightning hits area
Published: Thursday, August 28, 2008 at 9:46 p.m. Last Modified: Thursday, August 28, 2008 at 9:46 p.m. A "significant weather alert" has been issued for central Alachua County for excessive lightning until 10 ...
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County rural vote can't carry Bryant
Published: Wednesday, August 27, 2008 at 6:01 a.m. Last Modified: Thursday, August 28, 2008 at 2:09 a.m. Rick Bryant was counting on the rural vote in his bid to unseat Mike Byerly from the Alachua County ...
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Alachua County teen injured while fishing
An 18-year-old who was fishing with his father and brother near the south Skyway fishing pier was found unresponsive face down in the water this morning.
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Former Adoption Official Accused Of Defrauding Parents
The former director of Adoption by Choice defrauded dozens of adoptive parents, overcharging them for unnecessary birthmother medical and living expenses, according to the Florida Department of Law Enforcement.
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Fay to Cause Local Flooding
We haven't seen the end of Tropical Storm Fay just yet ... The Santa Fe River may begin to flood areas north and west of Alachua due to the storm.
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NWS Jax - Tropical Storm Fay Local Statement
THIS POSITION IS ABOUT 160 MILES SOUTH-SOUTHEAST OF MAYPORT FLORIDA. FAY IS MOVING TOWARD THE NORTH NEAR 5 MPH AND THIS MOTION IS EXPECTED TO CONTINUE TODAY.
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Water overtakes St. Augustine bayfront
Tropical Storm Fay, which never became a hurricane but dropped a historic amount of rain over parts of Florida, made its third landfall in the state Thursday afternoon.
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Accident has stopped all traffic on I-75
Published: Friday, August 22, 2008 at 10:05 p.m. Last Modified: Friday, August 22, 2008 at 10:05 p.m. All southbound traffic on Interstate 75 is being detoured off the highway north of mile marker 403, which is ...
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Flood Warning from the National Weather Service
THE NATIONAL WEATHER SERVICE IN JACKSONVILLE FL HAS ISSUED A FLOOD WARNING FOR THE FOLLOWING RIVERS IN FLORIDA... SANTA FE RIVER AT FORT WHITE AFFECTING ALACHUA...BRADFORD... COLUMBIA...GILCHRIST...SUWANNEE AND ...
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Alachua under tropical storm watch
Published: Wednesday, August 20, 2008 at 8:11 a.m. Last Modified: Wednesday, August 20, 2008 at 8:11 a.m. Alachua County remained under a tropical storm watch Wednesday with forecasters expecting Tropical Storm ...
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Voice of the Voters: County Commission
Published: Saturday, August 16, 2008 at 8:46 p.m. Last Modified: Saturday, August 16, 2008 at 8:46 p.m. WE CAN'T LOSE BYERLY Alachua County cannot afford to lose the knowledge and experienced leadership of Mike ...
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McAlpin woman dies in scooter crash
Fifty-one year old Cheryl Everly was killed when the 2007 JMStar motor scooter she was driving struck a 2003 Dodge minivan driven by Scott Delaney, 32, of Alachua, according to reports from the High Springs ...
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A healthy home
Meridian Behavioral Healthcare needs acreage to build housing for children with mental health or drug addiction problems, Sr.
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Motorcyclist dies after being hit by minivan
Published: Sunday, August 10, 2008 at 10:31 p.m. Last Modified: Sunday, August 10, 2008 at 10:31 p.m. A motorcyclist died in High Springs Sunday night after being hit by a minivan driven by a family on its way ...
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Lake Region gets ready to go back to school
Now, they can share a laugh and a quiet moment at the school office. But in two weeks, Assistant Principal Sherri Siebert, left and Principal Montez Wynn will be welcoming kids back to school and it all starts ...
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County votes no on contract with city fire coalition
Alachua County commissioners will try to negotiate a continuation of fire contracts with the small cities for 2009 while also trying to forge a future pact with a single consortium of the cities.
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Juvenile Crime Decreasing
Crime is sky high is some places, but juvenile crime in Florida is not on the rise.
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Florida Farm Bureau to host water concerns meeting in Palatka
Florida Farm Bureau, the state's largest general agricultural organization, will host a meet and greet session to allow Farm Bureau members, as well as the general public, an opportunity to get to know Cara ...
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GOP opens 'victory office' on Main Street
Published: Sunday, August 3, 2008 at 11:19 p.m. Last Modified: Sunday, August 3, 2008 at 11:19 p.m. Ah, nuts and bolts politics - sweating on street corners with signs, coffee-fueled phone-banking, knocking on ...
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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
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"...I was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.
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