Somerset Investors Corp. Mortgage Refinance, Reverse Mortage, Home Loan
  Reverse Mortgage Divorce Buyouts Debt Consolidation Home Improvement Purchase Refinance
Search Somerset:
Print this page    E-mail this page

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.

Return to fha loans in the state of CT

Bad Credit? click here.

Call for COMPLETE details NOW!

(800) 675-9783

Waterford, Connecticut News
UConn Coach Boasts Geno's Cancer Team

Their short haircuts gave it away even better than their matching shirts. The students at Quaker Hill Elementary School in Waterford organized an act of giving to benefit cancer patients -- they donated their ...


Seniors advised to review prescription drug plans

Resources to compare and review Medicare Part D prescription drug plans: n www.medicare.gov; go to the Planfinder tool.


'For Some, We Are Their Only Family'

It's near the end for the Haven Health Center. Few patients in wheelchairs or walkers move down the long, carpeted hallways, as hundreds of patients have done over the 40 years the red brick building on Rope ...


Survey reveals economy's impact on schools

School districts in every region of the country are feeling the effects of the economic downturn, with many having already delayed technology purchases, cut non-essential travel, and increased class sizes, ...


Woman Seeks Accelerated Rehabilitation in Hit-and-Run Death Case

The 83-year-old woman charged with fleeing after she struck and killed Frederick K. Finn on Boston Post Road in Waterford last year has applied for accelerated rehabiliation.


Mother Charged in Connection with Baby's Disappearance

New London a ' A New London woman who police say abducted her newborn son last week at the Crystal Mall was arrested Friday at a residence on Garfield Avenue.


Activist seeks to prevent power boost at Millstone reactor

An anti-nuclear activist is seeking to prevent a boost in reactor power at Millstone Power Station, claiming it would lead to "unreasonable pollution" in Long Island Sound.


Mom Accused of Kidnapping Son Now in Custody

The mother accused of kidnapping her infant son during a supervised visit in October is in police custody.


Conn. police arrest mother of abducted boy

A Connecticut woman accused of abducting her infant son last week during a visit supervised by a state child welfare official has been found and arrested.


Man convicted in death of 3-year-old son

NEW LONDON, Conn. A man has been convicted of manslaughter in the death of his 3-year-old son.


Is It Hot In Here?

We asked readers on www.theday.com where they had set their thermostats since the weather turned colder, and received a blizzard of responses.


Niantic fire is ruled arson

A two-alarm fire that destroyed a house Thursday at 53 Crescent Ave. in the Niantic section has been ruled an arson, police said.


Senators push home heating relief

State Senators Eileen M. Daily and Andrea L. Stillman met with reporters in New London last week to demonstrate the success of the state's new "furnace replacement rebate program" that is meant to encourage ...


Transfer rules are positively criminal

From real life to the movies , we've learned that, best laid plans not withstanding, there is no such thing as The Perfect Crime.


Newborn Abducted From Waterford Mall

Police said a newborn was abducted from the Crystal Mall in Waterford Thursday night.


Fire Officials: Blazes May Be Connected

Investigators were working to determine whether two early-morning shoreline fires were connected Thursday.


Waterford Hotel Group Associates Honored by Connecticut Lodging...

At its 104th Annual Meeting and Awards Ceremony, the Connecticut Lodging Association recently recognized numerous Waterford Hotel Group associates as 'Stars of the Industry'. The association also named Chuck ...


Woman Injured in Waterford Crash

A 59-year-old woman was taken to Hartford Hospital via Life Star helicopter Monday morning following a multi-car accident on Boston Post Road.


The Top Hypnotists in Southeast Connecticut

There are many hypnotists located in the Southeast section of Connecticut. These hypnotists range from entertainment- style, or comedic hypnotists, to clinical and/ or medical hypnotists who regularly perform ...


Consumers are warned of sales at store closing

The closing of the 371 remaining Linens 'n Things outlets nationwide, including one at the Waterford Commons shopping center, prompted the state Department of Consumer Protection to issue a consumer advisory ...


Save time with our easy online mortgage application.
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
 
"...I was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.
© 2006 Somerset Investors Corp. All rights reserved.
home | about us | Mortgage Blog | contact us | privacy policy | state licensing | search | links | link to us | site map
mortgage calculators | refinance | purchase | fha | reverse mortgage | divorce buyout | debt consolidation
Eqaul Housing Lender Member of the Better Business Bureau (BBB) Member of the National Reverse Mortgage Lenders Association (NRMLA)