Abingdon, VA FHA Loans in Virginia
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 Abingdon, VA 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 VA
| Abingdon, Virginia News |
Long-Gone New York Fire Hall Resurrected in Stained Glass
ABINGDON, Va. - Marilyn Peacock had only a painting to light her inspiration. But, using a wealth of experience as a stained glass artist, Peacock has now skillfully created a window's worth of memories for a ...
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Coal Producer Cuts Profit Expectations
The sluggish steel market is catching up with coal producer Alpha Natural Resources.
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Abingdon Senior Center Dispute Remains Unsettled
ABINGDON, Va. - A unanimous vote of the Abingdon Town Council settled two issues for the Abingdon Senior Center: granting special-use permits for the center to operate both as a club and a party house, with ...
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Lock-Down at High Point Elementary
High Point Elementary School in Washington County, Virginia is on lockdown after an intruder refused to leave the building. In a statement released at 2:06pm, Washington County Virginia School officials reported students and staff at High Point Elementary are safe. The school system says there were no injuries, nor was there a threat to any students or staff at the school. The students have returned to their classrooms where teachers are now explaining what happened. The campus remains on lockdown at this time. crew on the scene tells us police are searching the buses as a safety precaution. School will dismiss at its normal time today. Parent pickup will be handled according to the normal regulations. Access to the school grounds are still restricted.
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Abingdon Native Recovering After Hospital Shooting
A woman who recently moved from Abingdon, Virginia, to work at a hospital in Alaska is now in serious condition, just days after a gunman entered her hospital and tried to kill her.
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Holiday Planner
STAR MUSEUM: Abingdon, E. Main St., Nov. 28-29, half-price admission from noon-4 p.m. Thanksgiving with Liz & Dick Burton, showcasing items from the twice-married couple.
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Court Delays Abingdon Walmart Ruling
Six years after a preliminary subdivision plat was approved for a proposed Walmart shopping center at Exit 14, a circuit court judge said Tuesday that it will be several more months before he determines how the ...
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Agencies Share Seized Assets
The Washington County Sheriff's Department is among six state and local agencies sharing in the distribution of seized assets for aiding federal Bureau of Alcohol, Tobacco, Firearms and Explosives ...
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Opening day for new discount grocer
Today is opening dayA at Super Dollar Discount Foods in Vinton. This grocer landed on Bypass Road in the River Park Shopping Center, which formerly housed a Winn-Dixie store.
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Aid For Couple Who Lost All In Fire Include a A Home
Friends, neighbors and strangers have come together to help the Washington County couple whose home was destroyed by fire Tuesday.
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Sears Returning To Abingdon Not Catalog Store Of Past
Dustin Steward, owner/operator of the new Sears in Abingdon, Va., talks about the upcoming grand opening.
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Abingdon Christmas Parade Downsizing This Year
After 40 years of growth, the Abingdon Christmas Parade is downsizing this year to make the event shorter and more regulated - changes that aren't welcomed by the event's founder.
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Work continues on artisan trail network
Seth Phelps works on a pot at his father's pottery studio. Tom Phelps' Floyd County pottery studio can be hard to find, which is why Phelps says he became a member of the Regional Artisan Trail Network.
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For Judgea s Son, A Hearing Apart
For the son of a local judge charged with drunken driving, a visiting judge last week left the bench during the regular docket to hear the case in a vacant, overflow courtroom in Washington County General ...
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southwest Virginia kindergarten teacher is in trouble with the law
Agent7 said in the Abingdon Forum: A Southwest Virginia kindergarten teacher is in trouble with the law. Washington County, Virginia sheriff's deputies raided an underage drinking party held late Friday at the house of a local kindergarten teacher. Forty-two-year-old Meadowview Elementary School teacher, Jennifer Lynn Cook is charged with three counts of contributing to the delinquency of a minor. Deputies say as many as 25 people were inside the home when deputies arrived. And just for the record. A teen I think the name was Daniel or something got a text.. Called the police and told them about it. Also the police had ever right to bust this and did nothing wrong.. So if this turns into a trashing talking topic. I will have it deleted as the editor for Abingdon/Washington county topix I ask you to keep it clean please. And don't say the mom didn't know there was 20 or so kids in her house drinking... Because you know she had to. And someone said someone got off the hook because of who they know.. well... who knows now days huh? But I think our officers did a great job at what there paid to do.
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Tickets Still Available to See Lily Tomlin at Barter Theatre This Weekend
A few tickets are still available to see Lily Tomlin in a one-night-only show at Barter Theatre in Abingdon, Virginia this Saturday.
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Gas Under $2 In Abingdon, VA
The Bristol Herald Courier captured what no doubt has drivers doing a big double take.
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Opera Lover Hopes to Introduce Art To Students
Step inside the home and life of Bill Campbell. Incredibly moving music from "The Damnation of Faust" by Hector Berlioz resounds within Campbell's living room.
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K-VA-T's Food City Refill Its Fuel/Pharmacy Bucks Program
Food City, Abingdon, Va.-based K-VA-T Food Stores' conventional banner, has brought back its successful Fuel/Pharmacy Bucks program, which offers customers two ways to earn rewards for those two departments.
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Humphreys stepping down as Abingdon mayor
In an emotional announcement Monday night, Lois Hagy Humphreys said she is stepping down as town mayor after serving for 10 years.
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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
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"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
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