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Prineville, 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 Prineville, 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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Prineville, Oregon News
Highway 97 Deaths: We Need The Wall

How many more people are going to have to die before ODOT installs a Jersey wall on Highway 97 between Bend and Redmond? A Prineville couple in their 60s were killed yesterday afternoon when another vehicle ...


Head-on crash kills 2 north of Bend

Associated Press A December 1, 2008 A BEND, Ore. -- A head-on crash north of Bend killed two Prineville residents.


Owner remodels building to open walk-in salon

Although many are facing economic hardship by downsizing, mobile-salon owner Jennifer Rapp is starting a new walk-in beauty salon in West Salem.


Longtime beautician opens full-service West Salem salon

Although many are facing economic hardship by downsizing, mobile-salon owner Jennifer Rapp is starting a new walk-in beauty salon in West Salem.


Troutman Faces More Sex Abuse Charges

A "Last week, enough evidence was gathered to take to a grand jury here in Crook County," said Crook County Sgt.


October jobless rates at 18-year high in area

Central Oregon's employment picture worsened in October as each of the three counties reported their highest jobless numbers for the month in at least 18 years, when the state began tracking the data.


Healthy & happy; A year ago, Nelly Vargas was recovering from a...

We welcome comments from subscribers . Comments are solely the responsibility of those who post them; their viewpoints are not endorsed by The Bulletin or bendbulletin.com. The Bulletin and bendbulletin.com ...


Prominent Prineville CPA Dies In Crash

A 59-year old Powell Butte area woman is dead after her car went out of control Friday on icy Santiam Pass and crashed into an empty log truck.


Oregon holiday tree-cutting season upon us

Economy got you down? Save a few dollars by cutting your own holiday tree this year! AP File A family carries a Christmas tree off a farm.


Oregon - Central And Southern Oregon Hardest Hit By Economic Downturn

Tough economic times are when Oregonians count on the Oregon Department of Human Services the most, and new figures for October show marked increases in applications for assistance.


`It broke a little girl's heart'; Misty, a quarter horse, shot dead near Prineville

Carrie Olson, 12, was en route Sunday to her grandparents' house in Prineville, when she heard the news that her horse, Misty, had been fatally shot.


Prineville Man Arrested For DUII

A Prineville man is charged with DUII, reckless endangering, and reckless driving, after his car left the roadway and struck some guy wires early Saturday afternoon on Juniper Canyon Road, SE of Prineville.


Novel 'Oxygen' isan engrossing andsuspenseful read

I wish autumn lasted longer. It seems like we go directly from the heat of summer to the chill of winter, only pausing briefly for fall.


Save Boys and Girls Club

This is a shout out to all the businesses and business owners in Bend. As many of you are now aware, the Bend Boys and Girls Club will be suspending operation due to lack of funding.


Tarps and liners that are measured in acres

Published: November 11. 2008 4:00AM PST The basics What: BTL Where: 3451 S.W. Empire Drive, Prineville Who: Steve Caldwell, chief financial officer, and Ron MacKenzie, general manager Phone: 541-447-0712 Web ...


Oregon Star Party

Each year hundreds of amateur astronomers gather at Indian Trail Springs in the Ochoco Mountains east of Prineville Oregon where the skies are very dark and clear at night.


OSP tracks down 46 sex offenders; looking for more

The Oregon State Police in Bend have identified and tracked down 46 sex offenders who were out-of-compliance with their registration requirements, authorities said today.


Cool, wet weather should help elk hunters

We welcome comments from subscribers . Comments are solely the responsibility of those who post them; their viewpoints are not endorsed by The Bulletin or bendbulletin.com. The Bulletin and bendbulletin.com ...


Playing above the rim

Phil and Penny Knight fund a game-changer at OHSU in Oregon's fight against cancer Friday, October 31, 2008 The Oregonian W hat Phil and Penny Knight did this week was far more than give a gift to Oregon Health ...


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A Over the past year, you've shared your ideas and helped us become Central Oregon's news station.A Now, it's our turn to giveA back! A This November, KOHD News is giving away thousands of dollars worth of free ...


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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
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