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Inverness, 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 Inverness, 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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Inverness, Florida News
Public blasts officials over facilitator fee

Citrus County Commissioner Joe Meek has another new experience to chalk up since being sworn into office in mid November: public criticism.


Church to give homeless some Christmas cheer

For a child whose home is a tent in the woods, it might be difficult for Santa to deliver gifts - but not this year.


Safe Distribution Of Trinkets OK At Plant City Parade

When Santa comes to town Friday, it looks like beads and candy may be a part of the festivities.


Commission to hear Parkway presentation

The latest update about the Suncoast Parkway 2's five-year work plan will be presented to commissioners when they meet Tuesday.


Ways to help out during the holidays

Bikes, balls, dresses and dolls - presents for needy children at Christmas depend on the generosity of the community this holiday season.


Toy Drive Celebrates Life Of Boy Killed At Parade

Johnny Knotts' business will soon resemble more of a toy shop than the hardware store it has been for 75 years.


Economy to silence 'Thunder'

Thunder won't rumble in Citrus County next year due to the economy. According to Doug Lobel, general chairman of the Rotary Club of Citrus County, the annual U.S. Title Series Thunder in the Hills Regatta and ...


Brooksville collision kills man, 79, injures couple

Collision kills man, 79, injures another, 82 A 79-year-old man was killed and an 82-year-old man was critically injured Sunday morning when their vehicles collided on Howell Avenue in Brooksville, according to ...


Groups gear up to hand out gobblers

Making sure every person in Citrus County gets a Thanksgiving dinner is a tall order.


Brrrr! Cold snap slams county

The first strong cold snap has descended on the region. Tuesday night, temperatures were expected to dip into the 20s and lower 30s, Bay News 9 Chief Meteorologist Mike Clay said.


Inverness council gets update on Suncoast Parkway plan

The latest alignment of the Suncoast Parkway 2 was presented Tuesday at the meeting of the Inverness City Council.


The Faces of Hope: Doing God's Work

Henry Bowen considers himself blessed. He wears someone else's glasses until he can get a pair of his own.


Attorney hopes county will settle suit

The lawsuit involving former county administrator Tom Dick's case against Citrus County is scheduled for trial in July 2009.


Freedom called, and they answered

Red, white and blue colors lined the streets of downtown Inverness as hundreds gathered Tuesday for the annual Veterans Day Parade.


Inverness VFW Chief Sees Both Sides Of Flag Flap

Inverness is rich with military veterans who have chosen this area to retire, fish for lunker bass in the Tsala Apopka chain of lakes, or play golf or hoist a cold brew at the Eugene Quinn VFW Post 4337.


Decorations On Veteran's Gravesite Spark Controversy

Sgt. Robert Surber was on his second tour of duty in Iraq when a bomb exploded near his vehicle on June 3, 2007.


EDC hopes to tackle county's transportation issues

Looking to future transportation needs, the Citrus County Economic Development Council is considering setting up a transportation planning organization to give Citrus County a stronger voice in road and traffic ...


Chase leads to man's arrest

Cracks in the ceiling and noises coming from the attic helped authorities catch a man who ran from them after a traffic stop.


DiGiovanni pleased with local election results

The city of Inverness was taking an optimistic view of Tuesday's general election results Wednesday at the city council meeting, even though Citrus County voters narrowly approved a non-binding referendum to ...


Coalition aims to fight prescription drug abuse

Melissa Burns, a Wal-Mart pharmacist, said she sees a problem with prescription pill abuse in the county and it's growing every day.


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