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FHA Loans

FHA loans differ from conventional loans in a number of ways. The down payment required for a 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 borrowers 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 3.5-5%

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 MA

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Allston, Massachusetts News
First fatal student fall of the season in Allston

A BU Medical School student visiting friends fell to his death off a third-story fire escape at 5 Walbridge St.

News and Notes

ON CAMPUS LSOE Dean offers insight on Catholic education Lynch School of Education Dean Rev.

J.M.P. International Foods

Hooking up with a great cheap-eats restaurant can be like finding romance: you can scour the wide world in vain, then one day discover something terrific right under your nose.

Falling concrete from overpass injures driver

A driver was injured when a chunk of concrete fell from an overpass onto a car that was traveling on the eastbound side of the Massachusetts Turnpike.

Menino signs Master Plan

Boston Mayor Thomas M. Menino approved Boston College's Institutional Master Plan , signaling an end to four years of public meetings and subsequent revisions.

Two stabbed in Allston bar fracas

Two people were stabbed at an Allston bar early this morning, Boston police said.

Boston Blotter: Stabby Melee in Allston

The beatdown of a hapless man who was standing outside of the Kells nightclub on Brighton Avenue turned into a 12-to-15 person melee that spilled into the Allston streets early Sunday morning.

Sex ring goes down

Cops said two Allston suspects were arrested Tuesday night as part of an ongoing investigation into the illegal massage and prostitution businesses, after an undercover cop answered an ad placed in the Boston Phoenix and was offered sexual services, police report.

Age no barrier to career in prostitution

Boston Police report arresting two Allston residents last night on charges they used a rear basement apartment at 1381 Comm.

The candidates' schedules - " - Debater-maus

EVERYBODY: 7:00 P.M.: THE GREAT DEBATE! Tune in to WBZ. Or just show up at the studios and rock out for your candidate of choice in the parking lot.

College Students Find Filth On Move-in Day

Share + Sep 1, 2009 10:15 pm US/Eastern Reporting Beth Germano The traditional college moving day in Boston turned into a nightmare for some students who found their new apartments uninhabitable and cited for violations by the city's inspectional services.

Allston man charged with last week's beating, rape of elderly woman

Boston Police report arresting Jose Sariano Gonzalez, 20, of Allston, on charges he beat and raped an elderly woman out for an early morning walk at Harvard Avenue and Gardner Street last Thursday - just steps from Gonzalez's apartment at 74 Harvard Ave.

last effort to get students more spaced out

The city council is considering an ordinance that would prohibit more than four students from living in an apartment.

Tuesday Happenings

It's a localish metal showcase featuring the Arkham White, Scourge, We Met Aliens, and The Bathory Silence.

Elderly woman beaten, sexually attacked in Allston

Boston Police report a senior citizen out for a stroll around 5:30 a.m. on Thursday was attacked at Harvard Avenue and Gardner Street .

Mayoral debate pushed back a week

The WBZ-TV mayoral debate between Mayor Thomas Menino and his three challengers has been pushed back a week to Sept.

Charlesview meeting TONIGHT, 6:30, 367 Western Ave

While most of us need to breath every few seconds, the free divers profiled in the New Yorker can dive hundreds of feet below the surface while holding their breath for several minutes.

N Harvard bike lane update

Local news, events, and regional issues that affect the quality of life for those of us living or working in Allston and Brighton, Massachusetts N Harvard bike lane update Yesterday on a bike ride to Harvard Sq I noticed 30 cars parked illegally in the new bike lane on the northbound side of North Harvard Street.

Allston a X-Mena theme mural soon must fade to blank

A massive "X-Men''-themed mural that appeared on a Lincoln Street building this summer will soon disappear, having divided Lower Allston's diverse residents over whether it's a masterpiece or an eyesore.

Monday - The Most Important Meeting of the Year

It is hard to overstate the importance of Monday's meeting about the relocation and expansion of Charlesview to the Brighton Mills Shopping Center.

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"I prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.
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