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Powell, 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 Powell, 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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Powell, Tennessee News
Retiree enjoys subbing at high schools

Bill Nichols is no stranger to schools. In fact, he spent most of his career working with universities and their continuing education programs.


New Lease on Life

Carol Johnson and Tom Milligan spread Christmas cheer last year at a fund raising event for the Airplane Filling Station in Powell, Tennessee , near Knoxville.


Business people in the news: Nov. 30

Robert Breeden has received the Eastern Division President's Award for distinguished service from the Life Care Centers of America.


Grand Jury Returns Numerous Indictments

A Greene County grand jury that met on Monday returned indictments against many individuals on a variety of charges.


Bloodhounds have a friend in Powell

Blondie was a certified search-and-rescue bloodhound before being confined to a small pen at a landfill.


Sen. Burchett to kick off run for Knox Co. mayor

Republican state Sen. Tim Burchett will kick off his campaign for Knox County Mayor Friday morning.


Burchett formally launches mayoral bid

Many of the estimated 500 people who helped launch state Sen. Tim Burchett's race Friday for Knox County mayor said he would restore integrity to the office.


Knox County Mayor's race begins, election is 18 months away

Two-and a- half term State Senator Tim Burchett may have served plenty of bologna and moon-pies for his "working folks lunch" at the Powell Auction House Friday afternoon.


Parishioners dig groundbreaking ceremony

They came with big shovels. They came with little shovels. They even came with plastic toy shovels.


High school choirs shine at Maryville College festival

The Concert Choir and Admissions of Maryville College hosted the annual Invitational High School Choir Festival on Nov.


DeFoe gets into field for $1 million

Knoxville's Ott DeFoe is $20,500 richer and has locked up a berth in next year's $1 million Forest Wood Cup.


Ruling keeps McLean custody battle public

Roll cameras. Knox County Juvenile Court Judge Tim Irwin made short order of a move to try to switch the custody battle between a former West High School student teacher who had a fling with a pupil and the ...


Schools test no-zero grading method

Brieanna Hinkle, 14, does homework with her stepmother Linda Hinkle on Oct. 30, 2008 at the family's West Knoxville home.


Venable: This is the best of the best

I wish to deliver a fall foliage report but don't feel qualified. True, forestry was my college major before I discovered journalism and forfeited any chance of making an honest living.


Gallery fits picturesque downtown

Jamison Galleries of Fine Art celebrates the one-year anniversary at its location on the Murfreesboro town square.


Three found safe in Powell cave

A happy end to a cave rescue in Powell. Three men who lost contact with two other friends in a Powell, Tennessee, cave have been found safe.


American-Americans strong in diversity

In light of Colin Powell's "Meet the Press" interview, Barack Obama's visit to his Caucasian grandmother and Rush Limbaugh's commentary all in a matter of three days, I wonder if we should all be called ...


Winters first-time nominee for PrepXtra weekly honor

Fulton High School quarterback Ben Winters softened the blow dealt by a tough 2008 season Friday night.


Take advantage of your right to vote

Today is the final day for early voting, and the numbers turning out at several polling places throughout the county are promising for a record tally by the end of the day and by the time Election Day ends on ...


Poston will defend accused mall shooter;McLean gets unsupervised visits with his children

A high profile attorney has agreed to defend a Knoxville man charged in a deadly mall shooting.


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