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Ayer, MA FHA Loans in Massachusetts

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 Ayer, MA 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 MA

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Ayer, Massachusetts News
Lip Sync raises over $3,000 for Ayer Education Foundation

The Ayer Education Foundation is thrilled to announce that its fourth annual lip sync show raised over $3,000 to benefit educational enrichment programs in Ayer Public Schools.


Ayer Middle High School class goes green

Everywhere you look these days, you can find information about "going green." Being environmentally friendly is in the news, in politics, in the fashion industry and at the Ayer Middle High School.


Rail, energy and housing are the keys to Devens growth

MassDevelopment president and CEO Robert Culver simply stated that even though people go crazy every time he says what he feels about the future of housing on Devens, he still speaks his mind.


Communication is key to our progress

Here it is, a little over 4 a.m. and I am up writing this letter to all the citizens of Groton, Ayer, Pepperell, Townsend and Dunstable.


Funding for sewer hookups

A new committee has been formed at the request of the Board of Selectmen to investigate all sewer options for West Acton village and the nearby Lothrop/Tuttle/Flint neighborhood.


Lt. Col. Nott: 'We are humbled by the continuous march'

This year's Veterans Day observance marked the first time since its reincarnation as U.S. Army Garrison Fort Devens that the new post opened its gates to the public.


Vicksburg Square makeover

In receipt of unsolicited offers from two "credible, capable developers" to convert vacant headquarters buildings in Vicksburg Square into 300 to 500 residential housing units, MassDevelopment has asked for, ...


Ayer hits study on Pan Am auto plan

Some selectmen are feeling railroaded by a federal study that offers hope for a proposed joint operating agreement between Billerica-based Pan Am Railways and Norfolk Southern Railway Co.


Ed Foundation awards $10,000

The Ayer Education Foundation is pleased to announce that at its Nov. 3 meeting, the board of directors voted to fund 12 educational enrichment grants to help support the curriculum at Ayer Middle-High School ...


Page Hilltop School races for fitness in presidential effort

In 1956, President Dwight D. Eisenhower hosted the President's Conference on the Fitness of American Youth at the U.S. Naval Academy, and a month later he founded the President's Council on Youth Fitness.


Ayer participates in nation recycling

Ayer has partnered with the National Recycling Coalition to celebrate America Recycles Day 2008 on Nov.


Biodiesel explained to club

Dr. Jesse Reich, of Baystate Biofuels of Ayer, joined the Ayer-Harvard-Shirley-Devens Rotary Club as their special guest speaker on Thursday, Oct.


Dispatcher remembered as having a 'heart of gold'

The Police Department is in mourning this week for one of its dispatchers who suffered an apparent fatal heart attack while off-duty on Sunday.


The Posting Board

Brush dump: The Ayer brush dump, located behind the Department of Public Works building, will be open on four weekends in November, beginning Nov.


Did board follow proper procedure in Ayer TIF?

Does helping a business owner include breaking the law? The Ayer Board of Selectmen violated MGL Ch 40, s 59 when it presented warrant article 5 to Town Meeting on Oct.


Harvard and Ayer talk a shared DPW

In an effort to help reduce costs, the Board of Selectmen unanimously voted to draft a letter to their counterparts in Ayer to share resources.


Great day with great chili

DEVENS The fourth annual Devens Charity Chili Cook-Off was a great success! Sixteen contestants competed on Sunday, Oct.


Hargraves 'a red block in a sea of blue'

Incumbent Republican Rep. Robert Hargraves was given a convincing 54 to 41 percent victory over Democratic challenger Virginia Wood by voters in the 1st Middlesex District during record or near-record turnout.


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