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Frankton, 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 Frankton, 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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Frankton, Indiana News
Tragedy helps people remember, help out

In May of 2005, Jessica King and her friends were at her Mom's house in Frankton.


Thumbs up, thumbs down

Thumbs down: To absent property owners who ignored neighbors' pleas to clean up their lawns this summer.


Nov. 7: Arrest Log

He is being held without bond. - Madison County sheriff's deputies arrested Andrew J. Kroeker, 41, of the 7500 block of West 500 North, Frankton, at 11 a.m. Friday in the 7500 block of West 500 North on ...


: Everling found guilty in molestation

It took a jury of eight women and four men slightly more than four hours Thursday to find a former Elwood resident guilty of sexually abusing a girl.


Oct. 28: Halloween Happenings

The mall provides 300 pumpkins for decorating for children 12 and under, a costume contest for children 12 and under starting at 6:30 p.m. Night Stalkers will have live snakes, spiders, rats and other creatures ...


Oct. 22: Halloween Happenings

Prizes and open mic. - Friday: Annual Haunted Open Gym - Anderson Gymnastics and Cheer, 2700 Indiana Ave.


Oct. 20: Arrest Log

He is being held without bond. * Elwood police arrested Mitchell R. Sites, 29, of the 400 block of North Fifth Street, Elwood, at 1:55 a.m. Monday in the 2500 block of North A Street on suspicion of battery, a ...


Oct. 19: Arrest Log

Bond is $5,000. * Anderson police arrested John W. Jackson, 20, of the 2600 S. Capital Ave., Indianapolis, on suspicion of possession of marijuana, a Class A misdemeanor, and illegal possession or consumption ...


EDITORIAL: Change ACS to keep students from moving

Monday's story about the enrollment of Anderson Community Schools taking a plunge doesn't bode well for the community.


Leach school class of 1954 reunites

Women from Leach School who graduated from the eighth grade in 1954 met recently for their first reunion in Frankton.


Waymire anniversary

William and Zona Waymire celebrated their 50th wedding anniversary on Sept. 13 at the Edgewood Country Club.


Oct. 3: Arrest Log

Bond is $3,000. - Lapel police arrested Jeremy B. McClintick, 22, of the 16000 block of East 196th Street, Noblesville, at 2:20 a.m. Friday at the Madison County Jail on suspicion of operating a vehicle while ...


Traylor, Rodewald to wed

Greg and Angie Traylor of Montgomery announce the upcoming marriage of their daughter, Amanda Leigh, to Craig Michael Rodewald, son of Dr.


Thumbs up, thumbs down

Thumbs up: To the 591 newly registered voters and 1,131 residents who have updated their addresses in Madison County since Aug.


: Voter registration deadline looms

With two and a half weeks until time runs out to register to vote, the Madison County voter registration office is working hard.


Good, but not good enough

STANDING ROOM: Holden's Garth Tander takes the chequered flag in front of the Stadium grandstand, which will undergo major changes to improve viewing opportunities for next year's Hamilton 400.


Fewer tickets but better Hamilton V8 views

Hamilton V8 organisers will cap daily crowd numbers at 50,000 next year, despite gaining permission to push that number out to 80,000. At this year's inaugural event the daily limit was 60,000, but there were ...


Poker run set

The second annual Chad Hittle Poker Run is set for Saturday in Westfield. The poker run raises money for scholarships to give to Hamilton County students who plan to study fire science in college.


10 p.m.: Frankton council adds inspection fee

Frankton residents having repair work done to their water lines will now see a $50 city meter inspection fee.


Andersontown Powwow starts Saturday

Wapiminskink. Chank-tun-onn-gi. Sokpehllak. The legacy of the American Indian way of life is everywhere in Madison County, although it may not be obvious.


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"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
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