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Athens, GA FHA Loans in Georgia

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 Athens, GA 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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Athens, Georgia News
Deaths in the news: Joerg Haider

Joerg Haider, who catapulted his rightist anti-immigration party into a powerful force with sharp attacks on rivals and provocative praise of the Nazi era, died Saturday in a car accident.


Local news, weather and Georgia Bulldogs Sports for Athens GA

Police have locked up five Athens bartenders and waiters in the first six weeks of a tougher new policy that calls for authorities to arrest anyone caught selling alcohol to an underage drinker.


Magnetic Morning's fall tour, 1st stop Athens, GA

Augusta GA- Magnetic Morning started as a collaborative music writing project between Swervedriver's front man Adam Franklin, and Interpol's drummer Sam Fogarino.


Economy is family topic

If there's one bright side to this country's growing economic crisis, it may be that it's forcing parents to sit down and have the talk with their kids.


Birthday bottle leads to assault arrest

An Athens woman celebrating her birthday with a bottle of tequila was arrested Friday after she broke the bottle over her roommate's head and cut herself so badly she required medical treatment, according to ...


Parts missing from Athens Tech garage

Between mid-September and Friday, radiators, transmissions, and rims with a total value of $3,175 were stolen from the automotive area at Athens Technical College, 800 U. S. Highway 29 N. Parts missing from ...


Oconee approves Epps Bridge shopping center

Oconee County commissioners approved a developer's plans for a new $76 million shopping center amid deep concerns about its impact on water quality and traffic in the growing Epps Bridge commercial area.


Local news, weather and Georgia Bulldogs Sports for Athens GA

An Oconee County sheriff's deputy died late Thursday after a car struck him as he directed morning traffic outside Oconee County Primary School.


A desperately needed off-season

After four years as a pro in Europe, "Willo" is racing in the USA for Jittery Joe's. He will continue in his second year with the the Athens, Georgia-based team, in a leadership role.


Retail gas prices across Ga. continue to tumble

Retail gasoline prices across Georgia remain above the national average. But according to AAA, prices at the pumps are tumbling.


Isakson says Athens still the best location for biolab

Politics could affect the U.S. Department of Homeland Security's decision about where to build the National Bio- and Agro-Defense Facility, Sen.


Local news, weather and Georgia Bulldogs Sports for Athens GA

Oconee County commissioners approved a developer's plans for a new $76 million shopping center amid deep concerns about its impact on water quality and traffic in the growing Epps Bridge commercial area.


Deputy in critical condition after hit by car while directing traffic

An Oconee County sheriff's deputy was critically injured this morning while directing traffic outside Oconee County Primary School, the sheriff's office said.


15-year-old indicted in hit-and-run death in Athens

A 15-year-old boy has been indicted in connection with the hit-and-run death of a female pedestrian.


Spa donating to breast cancer

The Arbor Salon and Spa, 1155 Mitchell Bridge Road, is earmarking Saturday as Breast Cancer Awareness Day in both the salon and spa.


Police Issue Warning After Athens Crime Spike

Police issued a warning to Athens and Clarke County residents Wednesday. They say home burglaries, car break-ins and other thefts are on the rise.


Solvay says it won't build vaccine plant in Athens

Solvay Pharmaceuticals Inc. has decided it will not build a flu vaccine manufacturing plant in either Athens or Jefferson County, Ala.


Two sentenced in beating death of Arnoldsville man

An Arnoldsville man will spend life in prison and another man is awaiting sentencing after an Oglethorpe County jury convicted them last week in the December 2006 beating death of 38-year-old David Allen ...


Magill: Nomination time for Athens Hall of Fame

Recently, the executive committee of the Athens Athletic Hall of Fame held a meeting to make plans for the 2009 induction ceremonies.


Virginia man killed at Commerce dragway

A wreck at the Atlanta Dragway in Commerce claimed the life of a 65-year-old Virginia man during a race Saturday afternoon.


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