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Reverse Mortgage
Divorce Buyouts
Debt Consolidation
Home Improvement
Purchase
Refinance
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Sutherlin, 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 Sutherlin, 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.
Return to fha loans in the state of OR
| Sutherlin, Oregon News |
Enrollment sinking with the ...
Fifth-grader Tristin Gross, 10, plays a math game on the computer as Laree Bean, 10, peeks over his screen Wednesday at Canyonville Elementary School.
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Two crash victims still in hospital
Two victims of recent separate vehicle accidents remained hospitalized this morning, while several others have since been discharged.
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Heirs reclaim home slated fo...
Douglas County returned legal title Wednesday to the heirs of a Sutherlin woman who died and whose house was seized after several years in which the property taxes weren't paid.
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Rumbling to a slower speed
Drivers headed west toward the Tyee curve may now receive a jolt as they approach on Highway 138 West.
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Free parenting classes offered
Free classes for parents of children from birth to 8 years old will be offered this winter throughout the county.
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Sutherlin parade needs cash prizes, entries
The Sutherlin Timber Town Toyland Electric Light Parade is raising money for prizes and looking for float entries.
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Action taken against nurses
The Oregon State Board of Nursing took final action against 44 nurses and nursing assistants in the state - three of whom work in Douglas County - at its November meeting.
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Minimum wage hike has business owners cutting back, raising prices
With an increase in minimum wage sarting January 1, some business owners are anticipating troubled times ahead.
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Dress A Child day
Sponsor Jackie Twyman helps Anthony Dawson, 11, find jeans at Fred Meyer on Saturday.
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Obama's rise triggers hike in county gun sales
As a matter of practicality, Steve Graves steers gun enthusiasts jittery about an Obama administration away from the handgun display case and over to a carousel of upright semiautomatic rifles.
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Affordable & Artsy
This is a recent painting by Cathy Wayne, who has been taking the watercolor class at the Umpqua Valley Arts Center for about 13 months.
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Sutherlin seeks committee members
The city of Sutherlin is searching for residents to fill vacancies on several advisory committees.
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Public Meetings for Nov. 7, 2008
Elkton Monday, Nov. 10 ELKTON SCHOOL BOARD SPECIAL MEETING - 6 p.m., High School Library, 739 River Road.
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Car strikes semitruck in Ros...
A Sutherlin woman was sent to the hospital when the vehicle she was riding in struck another car and then hit the center barrier on Interstate 5. The 29-year-old woman, Andre Lucille Todd, was riding in a 1995 ...
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Sutherlin says no to fire levy, yes to McKnight
Here are the total number of votes each Sutherlin candidate and the city measures received, according to the final unofficial results released this morning from the Douglas County Clerk's Office.
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KPIC Election Night Coverage
With the presidential election capturing the national spotlight, KPIC will be following the local races for you.
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Election Day is here
Today is the last day to get your ballots in, and many people have waited till the last days to turn in theirs.
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County commissioners approve some garbage rate hikes
Garbage rates are going up around the county, but haulers say the increases are minimal and needed.
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Sutherlin Grange Hall receives a little TLC
The Sutherlin Community Grange looks nothing like it did just four months ago. The chipping sky-blue paint that greeted visitors to the grange hall for the last 10 years has been replaced by coats of beige and ...
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Man struck by train in Suthe...
A man struck by a train near Sixth Avenue and State Street was taken to the hospital Wednesday afternoon.
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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
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"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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