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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 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.

Local FHA Loan directory for OR :
Camas Valley Central Point Condon Crane
Camp Sherman Chemult Coos Bay Crater Lake
Canby Cheshire Coquille Crawfordsville
Cannon Beach Chiloquin Corbett Crescent
Canyon City Christmas Valley Cornelius Crescent Lake
Canyonville Clackamas Corvallis Creswell
Carlton Clatskanie Cottage Grove Culp Creek
Cascade Locks Cloverdale Cove Culver
Cascadia Colton Crabtree Curtin
Cave Junction Columbia City

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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
"...I was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.
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