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Waterford, CT FHA Loans in Connecticut

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 Waterford, CT 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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Waterford, Connecticut News
Ice topples trees, thousands in region lose power

Icicles hang from a street sign in Pawcatuck at the corner of South Anguilla Road and South Broad Street around 8:30 Wednesday morning.


Simon settles gift cards claim

Indianapolis Simon Property Group, the owner of the Crystal Mall in Waterford, Conn., has agreed to pay nearly $309,000 to settle alleged violations of the state's gift card laws, Connecticut Attorney General ...


Man Hospitalized After Early Morning New Years Eve Crash

A 79-year-old man has critical injuries at Flagler Hospital from a traffic crash early Wednesday morning.


Waterford Man Charged with Selling Oxycontin

After a monthlong investigation into the illegal distribution of OxyContin pills in the region, police arrested a Waterford man on numerous drug charges Wednesday.


Waterford man jailed for stealing yacht supplies

A former employee of a Mystic company that makes specialty hardware for yachts has been sentenced to three months in prison for selling stolen parts online.


John Hronis

John A. Hronis, 58, of 37 Alger Place, New London, passed away on Saturday, Dec.


Four Charged In Waterford Bank Robbery

Police arrested four people Wednesday for allegedly robbing the People's Bank earlier that morning.


Plan Would Allow Taxpayers To Donate Funds For Veterans

Deputy Mayor John J. Maynard is worried about veterans who do not have enough support to help them re-adjust to civilian life.


Chuck Moran Named General Manager for Courtyard by Marriott In Cromwell, Connecticut

Cromwell, CT- Wednesday, December 17, 2008 - Waterford Hotel Group has announced the appointment of Chuck Moran as general manager of the Courtyard by Marriott in Cromwell, CT.


Benedict Book Sure To Stir It Up

"Little Pink House" will likely cause a ruckus when the 416-page non-fiction hardcover is released next month.


New sewer rate plan proposed in Waterford

Members of the Utility Commission voted Monday to send a proposal to the Board of Selectmen to bill sewer ratepayers based on water consumption.


Guess who's coming to dinner?

Step off, Mick and Elvis. You too, John Lennon. Jesus , it turns out, would be our readers' most invited dinner date, closely followed by Day Staff Writer Rick Koster .


Elderly driver given special probation in death

A judge has granted a special form of probation to an 83-year-old Waterford woman who struck and killed a man while driving in New London last year.


To know Waterford is to know the man

Waterford a ' Many people knew former Cohanzie Elementary School Principal J. Morgan Miner Jr.


New London Panel Questions Fairness Of Water Rate Structure

If New London owns the water company, shouldn't its residents benefit by paying less in water fees than its neighbors? That's the question the City Council's Finance Committee wants answered before it approves ...


Waterford Group Donates Food

The Waterford Group Charitable FoundationA held a food drive and collected more than 440 pounds of canned goods and other non-perishable food items for the Gemma E. Moran United Way Labor Food Center in New ...


Estimate for Waterford High renovation may go higher

Waterford a ' Superintendent Randall Collins said Monday that the cost to renovate the high school could be more than the anticipated $60 million.


Gina M. Kunst Named General Manager of the Holiday Inn, New London, Connecticut

December 1, 2008 - Gina M. Kunst has been named general manager of the Holiday Inn located in New London, CT.


Critics press for cooling towers at Millstone

Critics at a public hearing Thursday urged the state to require the owner of Millstone Power Station in Waterford to build cooling towers that use less water and kill fewer fish as a condition of the granting ...


The Story Of A Life Writ Large

Richard Harteis was watching his life unfold onscreen. There, in the darkened theater, he saw pieces of his 36-year relationship with poet William Meredith being played out by two actors.


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