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Albany, IN FHA Loans in Indiana

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 Albany, IN 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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Albany, Indiana News
Daleville enjoys its new digs

DALEVILLE - Maintenance of the heating-and-cooling system at the elementary school and of roofs at both the elementary and the junior-senior high school routinely depleted rainy-day accounts at Daleville ...


School notes

U.S. Sen. Dick Lugar will host the Seventh Annual Youth Academy Days this fall. The events are designed to educate high school sophomores and juniors about the various military academies.


Court upholds 42-year sentence for highway sniper

INDIANAPOLIS -- The Indiana Court of Appeals has ruled a Gaston teen who shot and killed a driver from a highway overpass should serve his 42-year prison sentence.


Another vehicle crashes into home

Helen and Renee Hopper of Muncie awoke to an all-too-familiar sound early Friday when a brand new Toyota Tundra truck crashed into their front porch.


Air filter company moving headquarters to Indiana

A company that makes air filters plans to open a new factory in Jeffersonville and move its headquarters to the city.


Family Fun Workshop will make lanterns

The Carnegie Center for Art and History, 201 E. Spring St. in New Albany, is offering a Family Fun Workshop: Tin Punch Lanterns, from 10 a.m. to noon Saturday.


Ruddick 30th

James and Julie Ruddick of Albany were married on August 12, 1978 in Eaton, Indiana by Rev.


Now playing: Daily community sports news

Joe Logan aced the second hole at Lakeview Greens with a 5-wood from 195 yards out on Monday.


Towns Briefly: Yorktown, Daleville, Cowan, Albany

INDOT plans highway open house The Indiana Department of Transportation will present a project model and discuss the planned improvements to Ind.


Towns Briefly: Yorktown, Cowan, Albany

Cancer Services to have car show Cancer Services of East Central Indiana Inc./Little Red Door will have a fundraising car show at Morrow's Meadow on Saturday.


Hoosier art history

The palette is rich almost to fluorescence. The impressionism is expressive almost to a blur.


Carobs, Chestnuts, Chinotto & Chamomile: Italian Microbrewed...

"America's megabrewers have done for beer what Pol Pot did for Cambodia." Welcome to the world of beer as viewed by the founder of Rich O's Public House in New Albany, Indiana, who reminds you that beer is far ...


Towns Briefly: Yorktown, Cowan, Albany

Cancer Services to have car show Cancer Services of East Central Indiana Inc./Little Red Door will have a fundraising car show at Morrow's Meadow on Saturday.


Albany man charged with child molesting

PORTLAND - An Albany man has been accused of sexually abusing two children in Jay County.


Sinking truck pulled from river overnight

Police and other emergency personnel from Indiana and Kentucky were busy overnight with what was called a water rescue in New Albany, Ind.


Abandoned Truck Found In Ohio

Early this morning, searchers discovered that a pickup truck seen rolling into the Ohio River from a southern Indiana boat ramp last night was an abandoned vehicle.


Dewees 50th

Robert and Janet Dewees celebrated their 50th wedding anniversary on June 29, 2008.


So Ind man faces retrial in triple-fatal crash

NEW ALBANY, Ind. - A man accused of causing a head-on collision that killed a couple and their daughter in 2004 is facing his second trial on three counts of reckless homicide.


Two seriously hurt in crash near Farmland

FARMLAND - Two people were seriously injured early today when their vehicle left the roadway, struck a utility pole and rollled over, state police reported.


Delaware County man guilty of reckless homicide in Illinois

MUNCIE - A Clark County, Ill., judge on Thursday found a Delaware County man guilty of two counts of reckless homicide.


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