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

Woodburn, 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 Woodburn, 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

Woodburn, Oregon News
Kindness evident in longtime marriages

On the recent occasion of my 23rd wedding anniversary, I was poring over other celebrations of life on the Statesman Journal's Milestones page, when I found inspiration spilling from the far-right column.


More Oregon families seek welfare help

The number of Oregon families that received cash welfare or food stamps has increased substantially this year compared with last year.


Man charged with kidnapping girlfriend, kids

Jefferson - Marion County sheriff's deputies Monday arrested a man who allegedly kidnapped his girlfriend and three children late Sunday in the 300 block of Main Street in Jefferson, officials said.


Woodburn Man Arrested on Kidnapping Charges

29-year old Miguel Serratos-Jimenez of Woodburn Photo: Marion County Sheriff - Marion County deputies arrested a Woodburn man for kidnapping and other charges last night, after he allegedly kidnapped his ...


School board selects interim superintendent finalist

After interviewing five candidates for interim superintendent, the Lebanon School Board selected George Lanning as the finalist on Nov.


Clackamas deputies investigate theft of news boxes

Police are investigating the theft of 17 coin-operated newspaper-vending boxes that began disappearing Oct.


Missing Baby, 1, Found Under Floorboards by Crowbar-Wielding Police

'A baby from Oregon who disappeared from her bed was found safe several hours later under the floorboards of her grandparents' home.


Baby trapped under floor of Woodburn home

Crews in Woodburn pulled a missing 1-year-old baby girl to safety Monday after she got trapped inside the floor of a house.


Woodburn student earns scholarship

WOODBURN - A Woodburn student is among three high school students who will receive $10,000 Beat the Odds scholarships from Stand for Children Leadership Center this year.


Measure 58 trailing in early returns

Oregonians were rejecting a measure Tuesday that sought to cap the number of years that English-language learners in the state's public schools could be taught in their native language.


Incumbents take early leads in Districts, 19, 20, 22

Three Salem-area incumbents took early leads in their re-election races for the Oregon House Tuesday night.


Measure 58 takes away school district flexibility

I am urging people to realize that voting for Measure 58 does not mean that children will receive more English instruction.


Head-on crash near Aurora Airport kills one

AURORA - A Beaverton-area man died after a two-vehicle head-on crash Saturday near the Aurora Airport.


high school highlights

Woodburn 6, West Albany 1: Woodburn will host either Glencoe or Thurston at 6 p.m. Tuesday in the second round of the state playoffs.


Man found dead by apparently self-inflicted gunshot wound near Woodburn

A man was found dead by a reportedly self-inflicted gunshot wound on the shoulder of Highway 214 this morning east of Woodburn, authorities said.


Tree Top buying Sabroso company of Medford

Tree Top has purchased Sabroso, a Medford, Ore., company that makes fruit purees used in other food products.


Program bridges parent-teen divide

Maybe the lack of communication between parents and their children is typified by 'Zits,' the comic strip about a 15-year-old boy in a middle-class family.


Voter assistance forum offered

Woodburn - Voz Hispana's Political Action Committee will host a voter assistance forum to help individuals registered to vote to fill out their voter's ballot.


Woodburn students plant rain garden

Students at French Prairie Middle School in Woodburn recently planted a rain garden, a natural way to catch rain run-off from the school's roof and keep it out of the storm drain system.


Scio drug suspects arrested

They were among seven taken into custody following raids led by Woodburn police SCIO - The Woodburn Police Department led a drug raid Tuesday in Scio that was related to two searches in Woodburn.


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.
 
"Every other company said they could not help us. After speaking to about five companies, we really believed that no one could. Then we called Somerset, and your company proved us and those other companies wrong. We can't thank you enough for all your hard work and effort in getting us a low fixed rate. We can now breathe easier..." - L. Braun
© 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)