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New Milford, 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 New Milford, 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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New Milford, Connecticut News
Expelled CCSU student wins lawsuit

A former Central Connecticut State University student who was expelled amid cheating allegations has won his lawsuit against another former student who accused him of stealing her work.


Gun Club, 3 Men Indicted in Boy's Uzi Death

A police chief was among three men indicted on involuntary manslaughter charges in the death of an 8-year-old boy who accidentally shot himself in the head with an Uzi at a gun show.


New Milford man arrested on drug charges

An Aspetuck Village man was arrested last week after police found him with narcotics and marijuana.


New Milford woman arrested early Thanksgiving for DUI

A 39-year-old New Milford woman was arrested around 12:30 Thanksgiving morning after police say she was observed almost turning onto the exit 11 ramp for Interstate 84, before changing her mind and taking a ...


Former DJ brings back "Danbury Doo Wop"

It was called "doo-wop" and by the early 1970s, when former Newtown resident Will Anderson was doing "The Rock 'n' Roll Revival Party" on WINE-FM, it had long since been pushed off the charts by the British ...


More charges filed for summer burglary spree in New Milford, Roxbury, Sherman

New Milford police added a fifth person last week to the growing list of people they say helped break into homes and businesses in New Milford, Roxbury and Sherman from May through July.


New Milford man charged with DUI

A 21-year-old New Milford man was charged with driving under the influence after police stopped his vehicle on Candlewood Lake Road Saturday.


Fire destroys home in Sherman

State and local fire marshals are investigating a blaze that destroyed a house on Candlewood Lake Drive Friday morning.


Men Charged In Deer's Death

Two New Milford men have been charged with illegally shooting a deer they spotted on private property in the town of Washington.


Police: Man Exposed Self To Boy At Grocer's

A 74-year-old man is accused of exposing himself to a child in a grocery-store bathroom.


Police: New Milford man, 19, had drugs, knife

A 19-year-old New Milford man faces several criminal charges after a traffic stop Saturday.


Ridgefield asks approval of $850K for 2009-10 oil

Town officials are moving to take advantage of heating oil prices that have dropped to a two-year low of $2 to $2.15 a gallon.


Community Thanksgiving dinner planned at New Milford church

A community Thanksgiving dinner will be served in St. John's Episcopal parish hall on Whittlesey Avenue off the New Milford Village Green between 3 and 5 p.m. on Thanksgiving day Thursday.


Two more arrested in burglary string

Two people from Torrington have been arrested as a result of a continuing investigation into a string of burglaries in New Milford, Sherman and Roxbury last summer.


New Milford Theater Goes 3-D

The idea of movie lovers watching a three-dimensional picture conjures up an image of rows of people sitting stock still in their theater seats, wearing the white cardboard eyewear that was so popular in the ...


A Fire in the African Sky

On Oct. 8, a small asteroid exploded in the night sky in the Nubian Desert in the northern edge of Sudan.


Dog Days was a great success

On behalf of the Animal Welfare Society in New Milford, I would like to thank all who made The Fourth Annual "Dog Days of Summer" a huge success.


New Milford must push 'Go Green"

I want to encourage the town of New Milford to further support "Go Green" efforts.


Shelter coalition leader wants to find housing for homeless teen

One New Milford High School senior's well-groomed appearance belies the fact that many nights in the past three weeks she has done her homework on a laptop computer plugged into her car's cigarette lighter ...


No sidewalk becomes safety concern for New Milford DD

Members of New Milford's Zoning Commission are questioning the need for a walk-up window in a building that will house a new Dunkin' Donut business on Route 7 just north the high school.


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