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Audubon, 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 Audubon, 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.

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Audubon, Minnesota News
DL Community Ed offers free GED testing

Economic hard times bring layoffs, which results in jobless men and women who never thought they'd need that high school degree.


Tensions rise on Day 2 of Senate recount in Becker County

" The 46 missing and then found ballots, plus a high number of challenges by incumbent Norm Coleman and challenger Al Franken's campaigns, caused tensions to run high on Tuesday during Day 2 of the U.S. Senate ...


Royals win, advance to Prep Bowl

MINNEAPOLIS - Zack Lanners rushed for 173 yards and one touchdown and caught another TD from his older brother Shawn Lanners to help Royalton to a 42-20 prep football win over Lake Park-Audubon on Friday at the ...


Letter: Help decrease need for shelters; adopt a pet

Election 2008 is over! We can live again, and numbers are mounting to unbelievable levels at our local Marshmallow Foundation/ Lucky Dog Animal Shelter in Detroit Lakes.


End 3rd: Royalton 34, Lake Park-Audubon 6

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Letter: LP-A school should be built between two towns

I was all for the new building when it was supposedly going to be built between Audubon and Lake Park .


Voters reject school taxes -- supporters worried in Pelican Rapids, Perham-Dent

Voters in northwest Minnesota balked at raising their own taxes to fulfill pleas for operational or building funds by area school districts.


LP-A, Pelican voters reject funding proposals

Voters in two west central Minnesota school districts rejected new funding proposals Tuesday, and voters across the region selected representatives to their respective boards.


Hawley man rescued from Cormorant Lake

DETROIT LAKES a ' A 54-year-old Hawley man was rescued Monday night from Cormorant Lake southwest of Detroit Lakes after his boat sank.


Election is Tuesday, don't forget to vote

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A look at proposed LP-A high school

A new high school for grades 7-12 in Lake Park, and a renovated and expanded elementary school in Audubon - that's the proposal that Lake Park-Audubon School District voters will either approve or reject in the ...


Dozens of school districts seeking tax hikes next month

More than 50 school districts across Minnesota will seek more money from voters next month.


Native American tradition helps students solve problems

AUDUBON - A few years back, a toy went missing from an Audubon, Minn., sixth-grader's locker.


Thirteen to compete for four seats

Breckenridge is poised for its liveliest School Board election in recent memory.


Oneka Lake is home to 'aerial acrobats'

Bruce Bernin is landlord to dozens of two-winged tenants. Single-family homes are dispersed throughout his 25-acre tree farm in Hugo, housing wood ducks, swallows and many other species of birds.


Art's in store in Cormorant

These 13 pieces of artwork by regional artists are only a taste of what was previously shown at the Cormorant Area Art Club's fine art show and sale, including DeVaughn Kolke's piece entitled "My Grandson and ...


Prep Class A track: Bulldogs' Keller, 'Streeters' 1,600 relay race to victory

Class A: Bulldogs' Keller, 'Streeters' 1,600 relay race to victory By Frank Rajkowski frajkowski@stcloudtimes.com ST.


Look for raptor nests in city limits

There is a pair of great horned owls in our neighborhood. In December, I heard their courtship hooing. via StarTribune


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