Somerset Mortgage Lenders Mortgage Refinance, Reverse Mortage, Home Loan
  Reverse Mortgage Divorce Buyouts Debt Consolidation Home Improvement Purchase Refinance
Search Somerset:
Print this page    E-mail this page

Aumsville, 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 Aumsville, 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.

Return to fha loans in the state of OR

Bad Credit? click here.

Call for COMPLETE details NOW!

(800) 675-9783

Aumsville, Oregon News
Seniors elect new officers, directors

The 2008-09 fiscal year has begun for the South Salem Senior Center with the election of new officers and directors.

Alley - Waters

Rachel Alley and Brian Waters, both of Turner, were married July 12, 2008, at the Church on the Hill in Turner.

Motorcyclist sent tohospital after crash

A motorcycle-truck crash about 10:30 p.m. Friday at the Aumsville exit off Highway 22 sent the motorcycle driver to a Portland hospital, the Marion County Sheriff's Office said.

Council races heat up for fall in various towns

City council races are about to heat up for the November election season. The deadline for candidate applications for all cities in Marion County was Tuesday, Aug.

Crowd swarms Aumsville for corn-fed fun

Hot, buttered corn on the cob was the specialty Saturday as Aumsville was filled with corn enthusiasts for the town's 40th annual Corn Festival.

Fashion takes the runway at state fair

McKenzie Masten, 17, normally makes gowns for the annual 4-H fashion competition, where teenagers create clothes and compete first at the county level and then at the Oregon State Fair.

Embezzling case affects ex-coworkers

An Aumsville woman arrested in March in connection with an embezzlement case was sentenced Aug.

Aumsville is all ears for corn

Corn and all that corn entails is the reason for the season at the 40th annual Aumsville Corn Festival, which bears the theme '40 Years of Golden Ears.' One of the most popular features of the festival may be ...

House spared in five-alarm fire

It was 4:15 in the afternoon on one of the hottest days of the year. The temperature was in the 90s, and a 10 mph wind was blowing out of the northeast.

Predicted high of 102 could break valley heat record

Forecasters expect the ferocious heat wave now baking the Pacific Northwest to break a 75-year-old weather record in Salem today.

Blazes tie up traffic on I-5

Traffic on Interstate 5 was backed up as far as 10 miles by burning grass fires south of Jefferson on Wednesday afternoon.

Fires snarl I-5 traffic

Freeway closed about six hours, almost 50 engines respond, witnesses sought A blazing hay truck shedding sparks was part of a fiery scenario on Interstate 5 on Wednesday.

Aumsville has new councilman

Newly appointed Aumsville city councilman Greg Mozzillo hopes to bring a fresh perspective to local politics.

Stunt keeps teen in playhouse

Aaron McLeod, a 14-year-old soon-to-be freshman at West Salem High School, is using his summer vacation to invest in fame and patience - the hard way.

Area city councils need candidates

Wanted: A few good citizens. Several canyon-area city councils have open seats available ahead of the November election.

Aumsville city hall will get elbow room

Maryann Hills, Aumsville city administrator, describes the cramped spaces in the town's existing 920-square-foot city hall.

Stayton man, 19, killed in car crash Monday night near Aumsville

A Stayton man was killed as a passenger in a rollover crash Monday night near Aumsville and two others were injured, sheriff deputies said.


The following cases were decided in Lebanon Municipal Courts between June 18 and July 8. Information for each case includes the defendant's name, age and city of residence, offenses the defendant was convicted ...

Paint the Town 10 times

A bright orange butterfly fluttered through the air in the Historic Deepwood Estate gardens, circling around the head of Salem artist Jody Bartruff.

Evans brings greatest hits to Oregon Garden

Traditional country singer Sara Evans, best known for her 'Born To Fly' and 'Restless' albums, will appear in-person at The Oregon Garden tonight.

Save time with our easy online mortgage application.
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
"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
© 2006 Somerset Investors Corp. All rights reserved.
home | about us | Mortgage Blog | contact us | privacy policy | state licensing | search | links | link to us | site map
mortgage calculators | refinance | purchase | fha | reverse mortgage | divorce buyout | debt consolidation
Eqaul Housing Lender Member of the Better Business Bureau (BBB) Member of the National Reverse Mortgage Lenders Association (NRMLA)