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Etowah, 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 Etowah, 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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Etowah, Tennessee News
Fire kills one, destroys home in McMinn County

A fire early Sunday morning claimed the life of one person and completely destroyed a McMinn County home.


Beginning to look like Christmas

Things started looking a lot like Christmas in Etowah on Thursday as the Chamber of Commerce along with Etowah Utilities began hanging garland, lights, snow flakes and banners on the lamp posts along Tennessee ...


Benefit Saturday to help Riceville fire victims

A benefit concert and auction is scheduled for this weekend to help a young local couple recover their independence following a house fire.


Police say man's gun misfired

An Etowah man was charged Friday with attempted second-degree murder after police said he tried to shoot his wheelchair-bound wife.


Earthquakes in Tennessee

Since May of this year, there have been approximately 30-earthquakes reported to the East of Murfreesboro.


Ceremonies honor veterans

A pair of F-18 Super Hornet fighter planes burst through the overcast skies above the VFW in Athens on Tuesday with such rumbling force that many spectators jammed their fingers in their ears.


Schools get good grades on report cards

Mostly A's and B's dotted the Report Cards for local school systems Monday when the annual evaluation results were released by the Tennessee Department of Education.


Defendant in no hurry for trial in fatal wreck

William Ottman asked a judge Monday to keep him in jail a little longer to give his public defender more time to prepare his defense against two vehicular homicide charges.


Harvesting 'Grassoline' - Farmers finish first switchgrass season

Jerry Armstrong's farm looks like a typical hay field, but these round bales won't be going into a barn for winter fodder.


VW, partners have maps of McMinn in hand

Dozens of German business leaders were given maps of East Tennessee with two points marked on them: One at the Enterprise South industrial park in Chattanooga and another marking Athens.


Local residents say Obama's election...Brings hope to country

When Festus Glass was asked Wednesday for his reaction to the first black president being elected, he clasped his hands together.


Tenn. nursing employee arrested for abuse

An employee of an East Tennessee nursing home has been charged with abusing a 74-year-old blind woman.


Small town ringing with controversy over church bells

Believe it or not, church bells are causing controversy in one local town. A family in Etowah is complaining the hourly sound is too loud and lasts too long.


Governor backs $3.2M for water, waste, recycling, community work

News Sentinel staff Originally published 01:42 p.m., October 27, 2008 Updated 01:43 p.m., October 27, 2008 Governor Phil Bredesen announced today the recommendation of seven Appalachian Regional Commission ...


Etowah residents complain - Church bells too loud

Citizens complained to the Etowah City Commission this week that they are being disturbed by what they say are not-so-heavenly noises coming from two of the town's biggest churches.


Several area activities planned for Halloween

Halloween is only two days away and organizers of local events and trick-or-treat alternatives are finalizing plans.


AACA Studio Tour is Saturday, Nov. 1

The Athens Area Council for the Arts is hosting its Eighth Annual Studio Tour on Saturday, Nov.


Early detection, support are important for cancer patients

EDITOR'S NOTE: October is National Breast Cancer Awareness Month. It's been nearly two years since Eloise Moore, of Etowah, was diagnosed with breast cancer in January 2006.


Moving on Up Local Highway 30 plans now at top of 'wish' list

Highway 30 is on the fast track to improvement. The Southeast Tennessee Rural Planning Organization's technical committee gave top ranking to four Highway 30 improvement projects stretching from Etowah to ...


Arrest made in shooting

An Athens teenager is facing almost a dozen charges for allegedly firing a gun into a crowd of people outside an Etowah home on Wednesday.


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