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Warren, 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 Warren, 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
| Warren, Oregon News |
Briefs from the business world
A Columbia Health District official said over the weekend that the agency intended to apply to the Oregon Department of Human Services for a certificate of need on Monday for the proposed Columbia River ...
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Will voters go for new construction projects?
When Doug Cook comes to work, he sees overcrowding all around. As principal of Centennial Middle School in Southeast Portland, Cook said he is making due with classrooms that are not large enough.
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Lofted Lair Gallery changes hands
Bonnie Shoop, left, owner of the Lofted Lair Gallery & Espresso shop in St. Helens sits next to her good friend, Sue Bloomquist, inside the Lofted Lair just a few days after Shoop sold the 4-year-old business.
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Stella Diane Lindquist-Booth Stella Diane Lindquist-Booth was born...
Stella Diane Lindquist-Booth was born Sept. 28, 2008, to Michael Booth and Sarah Linquist-Booth of Portland, Ore.
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Pole truck loophole sidesteps safety
A photograph supplied to Oregon Department of Transportation regulators by the South County Spotlight on Monday morning raised questions about whether a recent emergency action requiring pole truck drivers to ...
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Bennett Road planned for shut down to log trucks...
Two weeks after a fatal accident involving a log truck hauling a long load of poles at the Highway 30 and Bennett Road intersection, a second crash involving a similar set of circumstances at the same location ...
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Crash kills Oregon man
The Oregon State Police says a man died when the pickup he was in collided with a loaded log truck that was turning off Highway 30 south of St.
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Josette M. Koss, 84
Josette M. Koss, a resident of Warren, Ore., died at her home May 26, 2008, at the age of 84.
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Longview Fiber employee finds rig on forest land behind locked gate
"We had 20 searchers out on Saturday" Part of the mystery surrounding Sterling Blades' disappearance has been revealed. via Portland Tribune
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Man seriously injured in collision with transit bus at busy Scappoose intersection
"It's not been a good week for buses" Paramedics move the passenger of a Columbia County Rider bus to a Columbia River Fire & Rescue ambulance Thursday after a collision with a passenger vehicle at the intersection of Highway 30 and Havlik Road. via South County Spotlight
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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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"...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.
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