Somerset Investors Corp. Mortgage Refinance, Reverse Mortage, Home Loan
  Reverse Mortgage Divorce Buyouts Debt Consolidation Home Improvement Purchase Refinance
Search Somerset:
Print this page    E-mail this page

Wallowa, 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 Wallowa, 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

Bad Credit? click here.

Call for COMPLETE details NOW!

(800) 675-9783

Wallowa, Oregon News
Oregon Scenic Drives: Hells Canyon Scenic Byway

Norton, Clark. "Oregon Scenic Drives: Hells Canyon Scenic Byway." 21 March 2007.


Board OKs $90,000 to fix grandstand

The District 55 School Board approved a plan to spend $90,000 on grandstand renovations Monday night.


Judge returns to role as public defender

A Washington County Circuit Judge who lost his re-election bid in the May primary left the bench Friday and returned to work as a public defender in Portland, court officials said.


Heating with wood could save money

The University's Resource Innovations program, part of the Institute for a Sustainable Environment, recently published a book saying that heating large buildings with wood can save people money and promote ...


Red Cross hires NE Oregon manager

Wallowa County native Susan Daggett has been named as the Northeastern Oregon District Manager for the Oregon Trail Chapter of the American Red Cross.


Gresham couple gives gift of conservation

You might call this the grand opening of a critter corridor. A Gresham couple, Richard and Debbie Surface, have granted an easement to the Rocky Mountain Elk Foundation to help elk and other wildlife.


Beef Northwest workers vote Nov. 7-9 on union

In hopes of ending a bitter labor dispute, a ranchers' cooperative Tuesday scheduled a Nov.


Markets fall, trees don't, raising risk of wildfires

Wallowa-Whitman National Forest managers are concerned as the housing construction market continues to stagnate.


Firefighting competes for timber dollars

Wallowa-Whitman National Forest managers say they aren't getting enough money from Congress to keep local lumber mills supplied, partly because of record spending on fighting forest fires.


Wallowa-Whitman's timber target trimmed

Wallowa-Whitmana s timber target trimmed Wallowa-Whitmana s timber target trimmed Written by Baker City Herald October 21, 2008 03:51 pm Forest's goal for current fiscal year is 22.7 million board-feet, down ...


Crash claims Scappoose brothers

Two Scappoose brothers were killed Oct. 10 during a hunting trip when the pickup truck they were in went off a steep hillside in a mountainous region of eastern Oregon.


Commissioner rivals talk issues

Commissioner rivals talk issues Commissioner rivals talk issues Written by MIKE FERGUSON, Baker City Herald October 10, 2008 04:12 pm County commission candidates Tim Kerns and Randy Joseph faced each other for ...


Passion for Peaks

Hoping to avoid crowds and bent on enjoying the great outdoors, Cory Crebbin saw nowhere to go but up.


County gets a - nice' four-year reprieve

County gets a a nicea four-year reprieve County gets a a nicea four-year reprieve Written by JAYSON JACOBY, Baker City Herald October 06, 2008 03:20 pm Friday's historic federal bailout bill includes a ...


3,400 acres slated for prescribed burns

The arrival of true autumnal weather is ushering in prescribed burning season on the Wallowa-Whitman National Forest.


Counties in Eastern Oregon ponder forest closures

Five Eastern Oregon counties are considering how road closures in the largest national forest in the Northwest could affect them.


The last of their kind: the Ulacia sisters of Oregon

They walk down a dusty back road as they have for much of their lives, the two sisters who came from the Basque region of Spain to far-flung eastern Oregon half a century ago.


9 Oregon and Washington getaways, from $69

The majestic Mount Rainier watches over pleasure boats on Washington's Puget Sound.


Cycle Oregon: Final thoughts

Cycle Oregon 08 was memorable for all the beautiful country, the daily rides and new adventures, all the friendly riders I met and the warm and hospitable folks in all the towns.


Wallowa trains to run on 100th birthday

It's been 100 years since the first train steamed into the remote Wallowa Valley, and to celebrate that occasion, Friends of the Joseph Branch are throwing a big centennial party Sept.


Save time with our easy online mortgage application.
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.
© 2006 Somerset Investors Corp. All rights reserved.
home | about us | Mortgage Blog | contact us | privacy policy | state licensing | search | links | link to us | site map
mortgage calculators | refinance | purchase | fha | reverse mortgage | divorce buyout | debt consolidation
Eqaul Housing Lender Member of the Better Business Bureau (BBB) Member of the National Reverse Mortgage Lenders Association (NRMLA)