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Sag Harbor, NY FHA Loans in New York

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 Sag Harbor, NY 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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Sag Harbor, New York News
Southampton Village Police reports

Wayne M. Stuckart, 36, of Sag Harbor was charged with driving with a suspended registration, a misdemeanor, on December 23 at around 11:10 a.m. A computer check revealed Mr.


Sag Harbor Community Notes

We're not quite sure why we received an e-mail solicitation from the world's biggest computer retailer imploring us to "find the perfect diet for 2009." Could it have to do with that sleigh full of Christmas ...


Ladies sworn in

On Friday, between light snowfall at Southampton Town Hall Supervisor Linda Kabot honored two democratic women as they took their oaths of office.


Vineyard owner Christian Wolffer killed by boat

Christian WA lffer, owner of WA lffer Estate Vineyard in Sagaponack and a Long Island wine pioneer, was hit and apparently fatally injured by a boat while he was swimming in Brazil on New Year's Eve.


Bishop honors local students for community service

Congressman Tim Bishop recently recognized students at two local high schools for their work initiating community programs in their schools.


First budget revealed for Sag Harbor schools

Dr. John Baer and his government class are creating a voter registration and education drive as part of Congressman Tim Bishop's Civic Engagement Project.


Village Hopes to Make Jermain Ave. Safer for Pedestrians

By Marissa Maier With the hiring of an engineering firm to complete preliminary plans, Sag Harbor Village is one step closer to creating safer roadway travel to school for local children.


Businesses See "Green" Opportunities

Realizing there is both financial and social value to going green, many Sag Harbor business owners are looking at their options, from recycling to integrating solar power.


Teachers Protest in Sag Harbor

Last week, teachers in the Sag Harbor UFSD met outside both the elementary and high schools before school brandishing signs to protest the school board's move to make public information pertaining to teacher ...


Cablevision Changing Channels

On Wednesday, Southampton Town Councilwoman Nancy Graboski was taking a tour of the town's public television station's new facilities.


Sag Harbor Community Notes

Bienvenue, Bijou! The award-winning artist and author of numerous children's books, and longtime resident of Sag Harbor, is back in town.


Voice of the People for Dec. 16, 2008

New Britain , Conn. : Fortunately, the last twotimes the media tried to bring down the President failed.


Plans for the new Auditorium and parking Moving in Sag Harbor

The "Facilities Study" of both Sag Harbor Elementary School and Pierson Middle/High School in the Sag Harbor school district is a compilation of different tasks that need to be completed at the schools in order ...


Sag Harbor Village Police reports

Sag Harbor Village Police arrested Michael Keane Lyons, 51, of Sag Harbor and charged him with criminal contempt in the second degree, a class A misdemeanor, and harassment in the second degree, a violation, at ...


Teacher contracts go nowhere in Sag Harbor

Teachers have expressed frustration over the slow pace of the contract talks. On Thursday, TASH President and Pierson High School guidance counselor Eileen Kochanasz sent out a press release that revealed more ...


Baykeeper Cautions About Health of Bays

Saying that the South Shore and Peconic bays and estuaries are under siege, the Peconic Baykeeper has issued his second biennial report, included in this week's edition of The Sag Harbor Express .


Fire guts Bridgehampton home; no injuries reported

Firefighters sift through the remains of a home on Butter Lane in Bridgehampton.


Sag CAC Eyes Work at Sag Harbor Industries

An application filed for Sag Harbor Industries was one issue discussed at this month's Sag Harbor Citizen Advisory Committee's meeting, held on Friday, December 5, at the Pierson High School Library.


Ringing in the Season: Choir is home for the holidays

The annual holiday concert offered by the Harbor Bells handbell choir has become something of a tradition for Sag Harbor audiences.


Teen designer creates Tribute in Sag Harbor

Like many kids his age, Pierson Senior Sam Guest is finishing school and applying to colleges, but the 17-year-old's unique creativity and entrepreneurial spirit has driven him to accomplish things most ...


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