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Alcoa, TN FHA Loans in Tennessee

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 Alcoa, TN 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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Alcoa, Tennessee News
Suspect arrested in Alcoa robbery

With the help of the Knox County Sheriff's Office, Alcoa police detectives nabbed a Powell man in connection with Monday's armed robbery at Long John Silver's in Alcoa.


Alcoa Long John Silvers robbery suspect arrested in Knox Co.

The man accused of robbing the Long John Silver's restaurant on South Calderwood High in Aloca Monday was arrested in Powell, according to an Alcoa Police Department release.


ALCOA retiree benefit case appears headed for trial

The ALCOA retired benefit case is going to a jury. That's the indication by Judge Thomas Phillips after a hearing Wednesday in U.S. District Court in Knoxville.


Cut out the fat! Alcoa nutrition program encourages students to eat right

The days of greasy, fatty school lunches at Alcoa Elementary School are rapidly coming to an end.


Alcoa Long John Silver's robbed, suspect loose

Police are looking for a man who robbed the Long John Silver's restaurant Monday morning on South Calderwood Street in Aloca.


On a mission for muscular dystrophy; Alcoa resident says he's on pace to raise $14,000 by Labor Day

An Alcoa man hopes to raise $14,000 by Labor Day to benefit muscular dystrophy. "With God's help, I want to make $14,000, and we are on pace to do that," said Bob Johnson.


Regional briefs: Aug. 22

Anderson County Circuit Court Clerk Barry Pelizzari has filed a petition in Circuit Court seeking funding to pay for additional workers.


Green thumbs: Townsend Farmers' Market has great start

James Holder and Mike Holder sell fruits and vegetables at the first Townsend Farmers' Market last week.


Collective effort: Alcoa, other Methodist churches combine efforts for Habitat

At Alcoa First United Methodist, senior pastor Joe Green and his congregation have just emerged from a building project spanning over three years only to jump back into one more.


Fallen East Tennessee Marine laid to rest

A fallen soldier from Maryville was laid to rest Monday at the East Tennessee Veteran's Cemetery.


Tribute paid to late Marine

City of Alcoa firefighters raise an American flag over the entrance to Our Lady of Fatima Catholic Church Monday morning, preparing for the funeral for Marine Sgt.


Attorneys appointed for couple accused of sex crimes

A judge has appointed attorneys for a pair of church youth ministers charged with sexually abusing teenage girls.


Alcoa Ford dealership shutting down

Slow sales are forcing an Alcoa car dealership to close its doors. Wednesday afternoon, employees at Neill Sandler Ford Lincoln Mercury were given a letter saying August 20 will be the dealerships last day for ...


Group urges sales-tax rise

A narrowly focused civic group known as Blount Countians for Educational Excellence has topped its first hurdle in getting a half-cent increase in the county's sales-tax rate on the November ballot.


'Model employee' killed when equipment tips over on W. Knox road

A Seymour man died after a rock roller used in road construction toppled over, trapping him under the device along Hall Road in West Knox County, records show.


Funeral arrangements announced for East Tennessee Marine killed in Iraq

Funeral arrangements have been announced for an East Tennessee Marine killed in Iraq Sunday.


MFD hosts baby shower for first pregnant firefighter

Amy Campbell, Maryville Fire Department's first female firefighter, is adding another first to her resume: She's the first pregnant firefighter in the department's history.


Bristol Suite Ticket Giveaway with Hall's Salvage

WIMZ and Hall's Salvage are going to send three lucky listeners and their friends to the Sharpie 500 in Bristol in style! You could be the envy of all your buddies who are sitting in the stands by winning ...


Family Brands levied 80 percent water, wastewater rate increase

If your utility company raised your water and wastewater rates 82 and 88 percent, respectively, what would you do? That is the question that has been facing John Edd Wampler, pictured right, president and COO ...


Schools' family resource centers need community's help

Meeting the basic needs of disadvantaged students is the main priority for a school system's family resource center and these centers require continual community support.


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