Alexandria, MN FHA Loans in Minnesota
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, MN 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 MN
| Alexandria, Minnesota News |
Hall of Fame inductees announced
Four more people will be inducted into the Jackson County Wrestling Hall of Fame next Thursday, Dec.
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The holiday lights in downtown Alexandria were turned on Friday...
The holiday lights in downtown Alexandria were turned on Friday during Runestone Museuma s annual Christmas in the Fort celebration.
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Horse dies after shooting
Dan, left, a cow pony owned by the Kohlmeyer family, had to be euthanized after being shot sometime Thanksgiving Day.
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Court says: HRA acted properly in terminating director
The Alexandria Housing and Redevelopment Authority acted properly in terminating its director, Judi Rost, in March of 2004.
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Historical society open house set
The Douglas County Historical Society will hold its annual Christmas open house and ethnic bake sale on Saturday, December 6 from 10 a.m. to 1 p.m. Several traditional baked goods, including lefse, krumkake, ...
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YMCA programs help kids burn off energy
Do you have children who need to burn off energy while learning new activities? One solution: Sign them up for programs offered through the Alexandria Area YMCA.
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Two men from area die in Wisconsin crash
Two men from the Douglas County area died after their truck hit a bridge guardrail in northwest Wisconsin Sunday morning.
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2009 Greater Alexandria Area Job Fair seeks participants
The Lakes Area Business and Employers Council is excited to announce the upcoming 2009 Greater Alexandria Area Job Fair, scheduled to take place on Wednesday, February 11, 2009 at the Alexandria Technical ...
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Letter - Still a safe place to live?
Congratulations, Alexandria! We are now officially a micro-metropolis. With our drive-by shooting, armed robbery, home invasions and auto theft, we now qualify.
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Local proposed tax levies higher than state average
Property tax levies will increase an average of 6.5 percent statewide if proposed local tax levies are adopted later this year, the Minnesota Department of Revenue announced last week.
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Dale Undem, 81
Dale Ward Undem, 81, Alexandria, died November 20, 2008 at his home. Dale was born July 24, 1927 in Walnut, Iowa to Abner and Bertha Undem.
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Editorial - A time to count our blessings
This page has shared a lot of opinions over the past year. Many viewpoints were critical of something, somebody or some group.
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Alexienne Chorus to present 'A Christmas Tea for the Senses'
The date for the 4th annual production of a oeA Christmas Tea for the Senses,a presented by the Sweet Adelines, has been set.
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Need for volunteers rises during holidays
Editora s note: The following information was provided through the United Way of Douglas and Pope Counties.
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'Over the River and Through the Woods' comes to Barrett
Prairie Wind Players Community Theatre is proud to present its holiday comedy - " Over the River and Through the Woods.
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Dreams can come true
Residents of Windmill Ponds, a senior living community in Alexandria, had their dreams come true recently.
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Pipeline Travel Plaza opens west of Alexandria
The new Pipeline Travel Plaza west of Alexandria opened last week. Ita s located near Highway 27 West and County Road 45 off of Evergreen Lane.
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Editorial - Thumbs Up/Thumbs Down
Thumbs Down: Casting an absentee ballot in an election should be an easy, smooth process, especially if you're already a registered voter.
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Firefighters respond to small explosion in Alexandria
One Alexandria family is thankful that an explosion inside their residence wasna t as big as it could have been.
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Pacer puppets need volunteers
For 20 years, puppets have been teaching children in Alexandria School District 206 some valuable lessons.
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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 prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.
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