Alexandria, 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 Alexandria, 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.
Return to fha loans in the state of IN
| Alexandria, Indiana News |
Lois Rockhill: Things are tough all over
Greg Graham joined us for a Madison County pantry meeting this month. Greg is chairman of the Board of Public Works in Anderson.
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Joyce Ann Teague, 79
YORKTOWN - Joyce Ann Teague, 79, passed away Sunday, August 24, 2008 at the Waters Nursing Home in Yorktown after an extended illness.
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Coverage of local schools' opening day continues
New principal Scott Deetz asked these students to give him a 'thumbs up' if they remembered their school bus number from the morning.
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Aug. 21: Arrest Log
Bond is $35,000. - Madison County sheriff's deputies arrested Marcus A. Branch, 18, of the 600 block of North 18th Street, Lafayette, at 4 p.m. Thursday at the Madison County Jail on suspicion of two counts of ...
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Aug. 19: Madison County food inspections
Reports from the Madison County Health Department, based on recent inspections of restaurants and other places that serve food.
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Oak Ridge Boys coming to Hoosier Park
Last month at the Madison County 4-H Fair, concertgoers to the Woody Wright & Friends show were treated to the thrill of a lifetime.
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: City Council approves COIT
In a unanimous vote, the Anderson City Council approved a resolution to increase a countywide income tax.
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County 4-H baker honored for Candyland cake
During opening ceremonies at the 2008 Indiana State Fair, Madison County 4-H member, Jessica Means, of Frankton, was honored by receiving the Best of Show 4-H Exhibit Hall Project Award for her "Candyland" cake ...
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: Indy man injured in cycle crash on Ind. 28
An Indianapolis man was seriously injured Wednesday after losing control of his motorcycle along Indiana 28.
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: Alexandria board mulls meeting change
The Alexandria-Monroe School Board could soon begin meeting on a different day of the week.
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Aug. 7: Local Births
A boy to Michel A. and Jennifer Johnson, Anderson, Aug. 1. A boy to India Starr Jones and Jason Abbott, Middletown, Aug.
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Monday's Delaware County arrest log
MUNCIE - Law enforcement agencies in Muncie and Delaware County jailed 12 people Monday.
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Severe thunderstorm warnings issued for Delaware, Madison, Randolph counties
MUNCIE - The National Weather Service has issued a severe thunderstorm warning for western Delaware and northeastern Madison County until 10:30 p.m. Friday.
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July 31: Local Births
A boy to Santa Cruz Montano and Godinec Fausto, Anderson, July 28. A boy to Darrell and Kelli McLemore, Greenwood, July 29.
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: 4-H Fair ends on high note
Adios, elephant ears. So long, corn dogs. Happy trails, giant pork tenderloins. It will be another year before we meet again at the fairgrounds.
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July 26: Class reunions
AMHS Class of 1978 scheduled The Alexandria class of 1978 is hosting its 30-year reunion with activities on Aug.
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THB starts new series on Aug. 4
Beginning Monday, Aug. 4, The Herald Bulletin will launch a new weekly series called On Your Street.
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July 26: Jottings
Fitz family hosts foreign exchange student The Rick and Laura Fitz family of Anderson will welcome a new "son" into their home for the 2008-09 academic year.
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July 24: Arrest Log
She has since been released. * Anderson police arrested Danny Lee Allen, 43, of the 2800 block of Crystal Street, Anderson, at 10:43 p.m. Wednesday in the 3000 block of Main Street on suspicion of public ...
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July 24: Arrest Log
She has since been released. * Anderson police arrested Danny Lee Allen, 43, of the 2800 block of Crystal Street, Anderson, at 10:43 p.m. Wednesday in the 3000 block of Main Street on suspicion of public ...
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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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