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Prospect, 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 Prospect, 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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Prospect, Oregon News
Emergency Services

James Sterling Sowell, 54, of the 400 block of Red Blanket Road, Prospect. Shady Cove police Wednesday arrested Sowell on charges of possession of methamphetamine, being a felon in possession of a weapon, ...


50jobs50statesweb.jpg

By Kelley Ashford A November 19, 2008 A NEAR PROSPECT, Ore. -- A former University of Oregon student is taking on the country.


Emergency Services

Jesse Cypress Gustafson, 29, of the 5200 block of Fish Hatchery Road, Grants Pass.


Embarq Corp. phone exchange to be acquired by Louisiana firm

CenturyTel Inc. of Monroe, La., has announced it will acquire larger peer Embarq Corp.


Emergency Services

Terry Lynn Atchley, 45, of the 2700 block of Biddle Road, Medford. Atchley appeared Friday in Jackson County Circuit Court on an indictment charging him with possession of methamphetamine and endangering the ...


Church Welcomes New Pastor

Members and friends of the Christian Family Fellowship Church will be celebrating Sunday, Oct.


Phone Users Hung Up on New Area Code Plans

The 541 area code is running out of phone numbers, so starting in 2010 new phones in Eastern and Southern Oregon will be assigned a 458 area code.


Candidates differ over approach to clerk's job duties

Saying the Jackson County Clerk's office should be run like a private business, bakery owner Colleen Roberts hopes to unseat incumbent Chris Walker, who has served in some capacity in the clerk's office for 13 ...


Authorities answer call for help ... from suspect

Rescue crews from the Jackson County Sheriff's Department pulled an injured burglary suspect from the banks of the Rogue River Friday morning.


Wanted man who called police for help has been rescued

A wanted man who called police asking for help in the woods near Prospect this morning has been found and was taken by ambulance to a hospital, authorities said.


Middlefork Fire Road, Trail Closures Lifted

The Rogue River-Siskiyou National Forest has lifted all trail and road closures associated with the Middlefork fire near Prospect.


Fire season dwindling down

Mother Nature may be offering a helping hand to wildland firefighters, but the fire season isn't out of the woods just yet.


USFS, BLM rush to clear mess from last winter's storms

By Ron Brown & Faris Tanyos A October 1, 2008 A NEAR PROSPECT, Ore. -- The U.S. Forest Service and Bureau of Land Management are working to clean the mess left by a series of winter storms earlier this year ...


Lonesome Complex News Release

Yesterday's Activities : Fire rehabilitation work is being done in cooperation with the National Park Service and Forest Service.


Rebuilt fish ladder clears the way for Chinook salmon

Chinook salmon this month will get their easiest pass through town in more than 120 years thanks to a rebuilt fish ladder and weir around one of the oldest fish-passage barriers on Little Butte Creek.


Smoke Drifts In, Stops Short of 'Unhealthy' Category

It was clear to see Saturday that air quality was again suffering at the hands of local wildfires, but even the worst areas stayed in the "moderate" category, according to the Oregon Department of Environmental ...


Lonesome Complex News Release

Photo Gallery - Birdseye News Release - 09/27/07 9:00 a.m. PT PNW National Incident Management Team 3 assumed management of the Lonesome Complex at 6 a.m., Thursday, September 25, 2008 Yesterday's Activities: ...


Fancy contraption thins the forest

A machine with a funny name could provide a better way to thin Southern Oregon's crowded forests.


Rogue Valley Air Quality Conditions Improve

Air quality has improved this morning after Wednesday's smoky conditions across Southern Oregon.


Report: Marijuana Plot Interloper Falls from Prospect Cliff

A man who reportedly fell from a cliff and injured himself near Prospect has been contacted by sheriff's deputies and is refusing medical care, saying instead a friend will transport him to the hospital for ...


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