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Wilderville, 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 Wilderville, 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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Wilderville, Oregon News
Veterans information mistakenly posted on Web Personal information, including some Social Security numbers, of about 1,600 patients at the Veterans Affairs Medical Center in Portland was inadvertently posted on a public Web site, Portland VA officials said ...
Harelson seeks re-election as county 'bean counter' John Harelson believes Josephine County needs a "bean counter" in the Treasurer and Tax Collector's Office.
Candidates lining up for Mid-Rogue Fire Board Two Josephine County residents who believe rural residents deserve fire coverage are hoping voters will write in their names on the Nov.
October fun: Pumpkin patches to haunted houses The end of October - it's all about spooky stuff and celebrations of another summer coming to an end.
Forum hears about police, fire measures Participants in a political forum Tuesday night learned about two ballot measures that could have a lasting effect on their quality of life.
Josephine County May Close Southside Road Josephine County may close Southside Road to through traffic. Southside Road connects Murphy on highway 238, and Wilderville on Highway 199.
Wilderville man hurt in motorcycle wreck OAKLAND: A Wilderville man was injured in a motorcycle wreck Thursday afternoon in Oakland.
Crash injures two SUTHERLIN: Two semitrucks collided Thursday on Interstate 5, sending two men to the hospital. via The News-Review

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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.