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Bloomington, 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 Bloomington, 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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Bloomington, Indiana News
Bloomington To Offer Grants For Theater Rental

The City of Bloomington is planning on offering a theater grant program to provide community organizations access to the Buskirk-Chumley Theater at minimal cost.


Police: Nashville woman abducted, raped

Police departments from two communities are trying to find four men who they say attacked a 22-year-old woman.


2 art businesses in downtown Bloomington, Ind., to close

Via Acquire Media NewsEdge) Dec. 3--Two downtown art businesses are preparing to say goodbye -- Prima Gallery and Tim Terry Jewelry and Fine Antiques will both close by the end of the year.


Saturday evening accident in eastern Greene County sends one to hospital

An accident involving two vehicles on a county road in eastern Greene County on Saturday evening sent one of the drivers to the hospital.


Jingle Bell Rock - Bobby Helms

Though his name is unfamiliar to most, Bobby Helms rules the airwaves every year around December 25th.


Women taking lead in college degrees

BLOOMINGTON, Ind. -- Indiana University researchers who analyzed Census Bureau data say more women than men are now earning college degrees.


Report: 'Distracted Driver' Caused Crash That Killed Deputy

BLOOMINGTON, Ind. -- The final report on the death of a sheriff's deputy fatally injured last month while directing traffic blames the accident on a "distracted driver." The report, released Thursday, found ...


Project For Old Ski Resort Gets Initial Approval

Brown County planning officials have given preliminary approval to a developer's plans for housing, a hotel and retail businesses at a shuttered ski resort.


Suspects sought in break-in, death of Morgan County man

Police are asking for help in finding two suspects wanted in connection with a break-in Saturday that resulted in the death of an elderly southern Indiana man.


Comcast closing Anderson call center

Comcast, a local provider of phone, Internet and cable television, announced it is closing its Anderson call center.


NCAA set to announce Indiana U. basketball penalties

BLOOMINGTON, Ind. - The NCAA is set to reveal this afternoon how badly it will punish Indiana's basketball team over improper recruiting telephone calls under former coach Kelvin Sampson.


Study: Drastic Healthcare Reform Unlikely

History, tradition and politics are likely to prevent the overhaul of healthcare systems in 21 countries, including the United States, research indicates.


ISP Releases Sketch Of Suspect In Brown County Murder

ISP Master Trooper Taylor Bryant of the Lowell District is a forensic artist and generated the sketch of one of the two suspects.


Child injured in Monroe Co. crash

A child was injured in a crash Friday morning south of Bloomington. It happened on State Road 37 and Victor Pike.


Geography of Bloomington-Indiana

"Geography of Bloomington-Indiana." 30 March 2008. HowStuffWorks.com. 21 November 2008.


Plane Goes Down In "Unscheduled Landing" In Bloomington

A small plane has gone down in the Bloomington area this morning. State police and Monroe County Sheriff's deputies all responded to the scene of a plane wreck in a field which police describe as a quarried ...


Police: Inmates Sneaked Through Ceiling For Sex

Three male and three female inmates at a southern Indiana jail face charges that they devised a way to sneak between cell blocks to help pass their time behind bars by having sex.


Va. court to consider ex-SEAL trainee's confession

The Virginia Court of Appeals has decided to hear oral arguments in a former Navy SEAL trainee's bid to be exonerated after spending 13 years in prison for a murder he claims he didn't commit.


Bloomington Woman Falls From Garage Structure In Apparent Suicide

A tragic incident took the life of a 20-year-old Bloomington woman in the downtown area of the campus town.


Elderly couple shot in home in Brown Co.

An 84-year-old man died of gunshot wounds and his wife remained in the hospital Sunday night after both were shot when a pair of teenagers invaded their Brown County home, police said.


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