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Damascus, 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 Damascus, 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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Damascus, Oregon News
Filmgoers likely to recognize sights in East County in movie

This set, part of the climactic prom scene filmed at the Inn, played center stage to a Twilight-themed event at the inn this week in honor of the movie's release.


Clackamas-Damascus highway gets higher price tag

Snarled in bureaucratic congestion for years, a proposed eight-lane highway from Clackamas to Damascus would have costs beyond the estimated $1.3 billion needed to build it, according to a new report by several ...


Damascus land-use plan specifics

Land-use zoning recommendations in the draft comprehensive plan for Damascus are based on the following goals for four areas of the city.


Damascus: Draft land-use plan is ready for community feedback

To build? Not to build? To cut trees? Not to cut trees? To add roads? Not to add roads? Months of mulling these questions have resulted in a draft version of a comprehensive land-use plan for Damascus that is ...


Car chase ends in arrest on Tuesday

A police chase beginning in Damascus ended when the driver of a stolen car crashed and was arrested Tuesday, Oct.


Oregon farmers are loving biosolids

Mike Stone from Clackamas County Water Environment Services sprays biosolids at DeLano Farms east of Oregon City.


Three of six council positions up for grabs in Damascus

With a political version of musical chairs on the horizon for the Damascus City Council, November's election could drastically change the seven-person board's makeup.


Chamber Connection

The group's mission is to keep the business community informed of what's going on and to organize an official Damascus Chamber of Commerce: www.gmdamascus.org; Mary Wescott at maryw@wescottsauto.com or ...


Chamber Connection

FORUMS MULTIMEDIA VIDEO CHAMBER CONNECTION The group's mission is to keep the business community informed of what's going on and to organize an official Damascus Chamber of Commerce: www.gmdamascus.org; Mary ...


Growth becomes pressing issue

Portland-area residents will soon have several opportunities to say how they want their city and region to grow in coming years.


Firefighters battle brush fires in Clackamas County

September's hot dry weather had Clackamas County Fire District 1 crews hopping this week.


Public to get a say on infrastructure funding

About 1.7 million more people are expected to move to Oregon during the next 30 years, many of them to the Portland metropolitan region.


Metro holds regional forums to determine site of next rail line

Washington County commuter rail: check. Clackamas Town Center, Columbia River Crossing and Lake Oswego street car: check, check and check.


Chamber Connection

The group's mission is to keep the business community informed of what's going on and to organize an official Damascus Chamber of Commerce: www.gmdamascus.org; Mary Wescott at maryw@wescottsauto.com or ...


Neighborhood News

Staying cool with ice cream cones, brothers ham it up in front of their parents Tana and Travis Wittwer of Portland Tuesday afternoon in downtown Cannon Beach.


Supporters to host informational meeting tomorrow at 7 p.m.

Carver School supporters will host an informational meeting about becoming a charter school tomorrow, July 10, beginning at 7 p.m. at 16077 S.E. Highway 224 in Damascus.


Thief Cuts Lock On McDonald's Charity Box

It's the burgers that drive business at McDonald's restaurants, but one man at the drive-through window in Damascus didn't have food on the brain last month.


Two men hit by lightning in Damascus

Two men were struck by lightning in the Damascus area Sunday afternoon, authorities said.


Men hit by lightning near Damascus

Two men are in the hospital after being struck by lightning Sunday afternoon. The men, whose names have not been released, were standing under a group of trees near Southeast 222nd and Tillstrom Road around ...


Local men struck by lightning

Two men, in their 50's or 60's, were struck by lightning while standing outside of house in Damascus, Ore.


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