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Aurora, 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 Aurora, 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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Aurora, Oregon News
Drug tip leads Aurora police to arrest two

AURORA - Two Aurora men are facing drug charges after police acting on a tip found marijuana and methamphetamine in a home Tuesday night, police said.


Police: Domestic Violence Call Leads To Guns, Drugs

Police said they seized five guns, methamphetamine and marijuana after responding to a domestic violence call.


Oregon State Fair is taking steps to get with the times

The Oregon State Fair, as you may have heard - again and again and again - is "Too Big to Miss" and the Oregon Parks and Recreation Department hopes you still believe that.


Silverton festival warms to creativity

As patrons wandered through the Silverton Fine Arts Festival on Saturday, many stopped to watch Jim Barton carefully carve a massive wood sculpture.


Moments of the Past: Johnnie Jones, Super Caterer

"Johnnie Jones - All Salem and thousands of Oregonians outside of this city know him Johnnie Jones was born at Placerville, Ca., Nov.


Moments of the Past: Aurora and the Oregon State Fair

'The Oregon state fair - since pioneer days has had many men and women of vision in its service.


We often treat Salem's history in a cavalier way

The tale of the Meier & Frank clock, languishing in the window of a downtown store, looking for a nostalgic buyer, isn't really unusual in Salem, where our history has been relentlessly shorn away and discarded ...


Portland man accused of sexually abusing girl he met online

Police in Aurora have arrested a 25-year-old Portland man on sex abuse, sodomy and rape charges.


Aurora showcases, sells the past

An African cape buffalo, a lion and a wood stork loom over the front door, but that's no surprise in a town like Aurora.


Aurora police officer arrests man wanted for manslaughter

AURORA - At about 1:30 p.m. today, an Aurora police officer pulled over a Canby resident for a traffic violation - and the man turned out to be wanted for manslaughter in another state.


Clackamas County Bank promotes York

Bend-based BBT Architects will design a $1.5 million addition and renovation at La Pine High School in La Pine, Ore.


Traffic stop nets man wanted for manslaughter

Police arrested a Canby man during a routine traffic stop after he admitted to using a false name for years to avoid an arrest for a 1994 manslaughter case.


Art Fair & Festival full of first-day fun

Helen Beum of Salem recently retired and said she wouldn't spend money on things.


Two arrested by Aurora police in metal-theft investigation

Aurora police arrested two men were arrested in connection to a metal theft during a traffic stop this afternoon, officials said.


Pilot dies as homemade airplane crashes and burns

A homebuilt, single-seater airplane crashed near Barrie yesterday morning, bursting into flames and killing the pilot.


Friends, Family Say Accused Sex Abuser Innocent

The family of a Marion County man facing sex abuse charges said they think police framed him for the crime.


Aurora museum exhibits 19th Century work

The Old Aurora Colony Museum will present living-history recreations of 19th Century crafts this summer in it's courtyard on 2nd and Liberty streets.


Aurora man, 28, accused of sexually abusing minor

Police arrested an Aurora man accused of sexually abusing a minor. The Aurora Police Department says Scott Knight was arrested Sunday following a six-month investigation and lodged at the Marion County Jail.


Plane runs out of fuel, lands in small field

A small plane carrying two children made an emergency landing in a Washington County field after running out of fuel.


Out of fuel, pilot emergency-lands plane near Reedville

A Canby man landed his small plane in a field outside Reedville this afternoon when he ran out of fuel on the way to Hillsboro, the Washington County Sheriff's Office said.


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