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Anderson, 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 Anderson, 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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Anderson, Indiana News
Anderson Speedway: Night of Thrills

Anderson Speedway delivered on it's self entitled "Night of Thrills" Saturday night, with a pulse raising set of events that left many folks on the edge of their shakey wooden bleacher seating for a large ...


Character Counts Celebrates 10 Years in Madison County with Parade, Block Party

As part of 'Character Counts Week' in Anderson, Crime Watch put together a large block party for after the annual Character Counts parade.


Blue Bridge Given Name at Ribbon Cutting | Anderson Free Press

Joe Royer and Anderson Mayor Kris Ockomon cut the ribbon at the Kennedy Crossing dedication and ribbon cutting at the 10th annual Character Counts celebration.


Street Series: West 38th Street lines old Anderson subdivision

The western section of 38th Street cuts a path along the Meadowbrook subdivision, and though most of the roadway is lined with residential bungalow and ranch-style homes, there are just enough businesses around ...


at the Library: Mystery coming to Apl

The Circus is coming! The Circus is coming! Well, sort of. This year's Mystery @ The Library, "Three Ring Thriller," will be held Wednesday, Oct.


EDITORIAL: Libertarians play crucial role in local forum

The third party's voice speaks clearly of public disenchantment with Republican and Democratic party politics.


: Shelter's Davis injured in crash

Danny E. Davis, 43, was transported from the crash scene to Saint John's Medical Center in Anderson and later airlifted to Methodist Hospital in Indianapolis.


Oct. 10: Church News

Missionary to speak at services Elwood Bible Baptist Church, 504 N. 12th St., Elwood, will have Missionary to the Philippines, Rev.


: Month-old bargain store donates to city

A month-old Anderson business is keeping its promise to give back. On Thursday, Chandulal "CB" Munjani of Better Deal Retail Store met with Mayor Kris Ockomon to present a check for $251 to the city of ...


Anderson actor lands role as killer

Film and TV actor Terry Carter, an Anderson native, portrays a real-life killer undone by insects in an episode of "Animal Witness," a new program on Animal Planet.


: Anderson competed for jobs going to Muncie

Hundreds of new jobs coming to Delaware County could have easily landed on the west side of the county line.


Anderson native Josh Hobbs stars in a Dead Awakeninga

Anderson native Josh Hobbs returns for his second season as a performer in Dead Awakening during Halloween Haunt at Kings Island in Ohio.


UPDATE Fire damages Anderson home

A southeastside home was severely damaged Tuesday night by a fire that neighbors say was started by a gas can.


Manager of Anderson Airport Steps Down | Anderson Free Press

Steve Darlington, Manager of the Anderson Municipal Airport, will step down from his responsibilities beginning Monday, October 6.A Two unpaid volunteers will assume the day to day responsibilities of Airport ...


Arts Kaleidoscope opens in Muncie

A "marriage" of 40 Indiana artists with 33 published poets from Indiana is taking place in Muncie in the "Arts Kaleidoscope: Art, Poems & Videos" exhibit at Gallery 308.


Oct. 5: Arrest Log

He is being held without bond. n Alexandria police arrested Nicholas S. Hernandez, 19, homeless, at 4:27 a.m. Sunday in the 1800 block of South Park Avenue on suspicion of operating a vehicle while intoxicated, ...


Animal groups to participate in blessing ceremony

Camp Chesterfield's annual St. Francis Animal Blessing and Healing Ceremony is planned at 2:30 p.m. Sunday.


Character Counts celebrates 10 years in Madison County | Anderson Free Press

The Character Counts! program will celebrate its 10-year anniversary through a series of special events, October 9 -19.A The City of Anderson adopted the Character Counts! program in 1998.A Scheduled activities ...


: RN charged with forging prescriptions

A Middletown registered nurse faces charges of forgery and possession of a controlled substance after she allegedly wrote prescriptions for herself and friends.


: Charges filed in bank robbery probe

Prosecutors have filed a charge of armed robbery Friday against a man accused of helping another man rob a bank in 2006.


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