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Albany, OR FHA Loans in Oregon

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 Albany, OR 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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Albany, Oregon News
Albany to keep limiting water hookups outside city limits

Democrat-Herald Albany likely will stick with its current policy that sharply limits additional water sales outside the city limits in North Albany.

Albany hydro costing more

Installation of a generator and turbine at the end of the Albany-Santiam Canal in Albany, now 90 percent complete, is proving to cost more than planned.

Lowe's Home Improvement outlet proposed for Albany

Portland architecture firm Baysinger Partners Architecture has proposed a design for a new Lowe's Home Improvement outlet in Albany.

Former Salem businessman buys Albany electrical firm

ALBANY - Bob Bates, the former co-owner of Salem Farm and Garden Supply, has purchased G&E Electric of Albany.

Ore. driver charged with manslaughter

Assault and manslaughter charges have been filed against an Albany driver accused of huffing nitrous oxide before a crash that killed a 16-year-old Junction City girl.

Plans revealed for Albany Lowe's

Albany Democrat-Herald A consultant representing Lowe's Home Improvement has notified the city of Albany the company is considering opening an outlet on the southwest corner of Ninth Avenue and Oak Street.

Adair, Albany still talking water

Discussions are continuing between Albany and the city of Adair Village about possibly linking their respective water systems.

Junction City teen dies in crash; Albany driver arrested for "huffing"

A Junction City teen died following a one-car crash about 5 p.m. on the Marion-Jefferson Road at Skelton Road, outside Jefferson.

Reports: Pit bulls kill cats, chickens in Albany and Lebanon

Police got reports in Albany and Lebanon over the weekend that pit bulls had killed cats in one case and chickens in another.

Hot jobs created in green energy

Commuting the 20-mile stretch of Interstate 84 from Hood River to The Dalles, Susan Wolff couldn't help notice truck after truck also headed east, their flatbed trailers loaded with long cylinders - wind ...

Man charged with murder in Oregon boy's death

ALBANY - Authorities say 26-year-old Mario de Dios Tomas has been charged with murder by abuse in the death of 2-year-old Samuel Martinez-Castaneda of Scio, whose body was found Saturday.

Public safety log

People arrested are innocent unless proven otherwise in court. Initial charges often change as a case progresses.

Albany considers regional water plan

City officials suggest a consortium to use Adair Village water rights By Hasso hering Albany Democrat-herald For now it's all just brainstorming, but Albany city officials have been thinking about water service ...

Fund established for injured former Albany resident

Former Albany resident Crystal Morris, 22, was severely injured in a car accident Aug.

Linn gives Albany authority on property issue

Condemnation may be used to acquire land for a Gatorade plant roadway The Linn County commissioners Tuesday signed an intergovernmental agreement with the city of Albany to delegate the authority to condemn ...

I-5 camera being put back in service

When spot fires ignited sections of Interstate 5 north of Albany last week, some went online to see what the new TripCheck camera in that area was showing.

Albany races all contested in November

Everyone running for the open Albany mayor and council seats in the November election has a challenger.

Teens face charges over two sex tapes

Two teenagers in Albany are facing criminal charges on allegations they had a part in making sex tapes involving underage girls.

Albany Teens Face Child Porn Charges

By Lindsey Davies August 20, 2008 ALBANY, Ore. -- Two Albany men face child pornography and abuse charges after Linn County deputies say they found a video of one of the men having sex with two underage girls ...

Construction begins on Albany mixed-use project

Eugene-based contractor Stayton Demolition began demolition Monday on the old Buzz Saw restaurant property in Albany, in order to make room for a $7 million mixed-use project.

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