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New Market, MD FHA Loans in Maryland

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 Market, MD 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 Market, Maryland News
Reporter's Notebook: School Notes - Plenty of activities available until winter break

Schools have resumed classes after the five-day Thanksgiving break, and just 15 learning days stand between students, teachers and other staffers, and a 12-day winter holiday break.


Police respond to crash on Boyers Mill Road

Frederick County Sheriffa s Office deputies are responding to the scene of a car crash on the 5900 block of Boyers Mill Road this morning, according to spokeswoman Cpl.


Compliance Checks Of Businesses in Frederick County

The Frederick County Sheriff's Office says the business owners face fines from $300 to $3,000. The following merchants who broke the law, include the Superfresh in Brunswick, the Shell gas station in Jefferson, ...


Over 2 Pounds Of Cocaine Seized

Drug bust yields more than 2 pounds of cocaine. Five men were arrested and more than 2 pounds of cocaine was seized during a drug bust in Frederick County last Friday.


MD--Frederick Cocaine Bust

Frederick County sheriff's deputies have seized 41 2 pounds of cocaine and charged five men with drug offenses.


Winds, sporadic downpours gust through Frederick

Gusty winds and sporadic downpours pelted Frederick County as a cold front moved through the region Saturday afternoon.


Area residents go both directions on proposed auto industry bailout

Area residents weighed in Wednesday on Democratic congressional leaders' plan to support a financial bailout for the troubled U.S. auto industry.


Crash kills North Point student, 17

A Charles County teenager died Sunday, authorities report, when the car she was driving went off Route 5 in St.


More Tragedy For MD State Police Helicopter Crews

Six weeks after losing a pilot and medic in a crash of a helicopter, the Maryland State Police Aviation Command has lost another member to a tragic accident.


Teen killed in New Market crash

A Charles County teenager died Sunday, authorities report, when the car she was driving went off Route 5 in St.


MSP Officer Killed While On Vacation

A Maryland State Police Officer died last week while on vacation with his family in North Carolina.


One dead in I-70 crash

A driver lost control of a vehicle and the car rolled into thick woods and brush on eastbound I-70 east of Md.


Md. Trooper Killed While Jogging

Maryland State Police said a trooper was killed while jogging on a rural North Carolina road.


Organization holds lottery to award autism funds

Laurie James, right, smiles and raises her hand as she hears her ticket number called during a drawing for a program to benefit families with an autistic member at the ARC of Frederick on Saturday.


Frederick County Posts Park Water Fountains Warning

Wednesday, November 05, 2008 WBAL Radio as reported by Angela Jackson, Associated Press and Frederick News-Post Frederick County officials say they've turned off the water fountains at Old National Pike ...


County issues warning about water at park

Water fountains at Old National Pike District Park have been shut off because the water was found to be affected by surface water by the Maryland Department of the Environment.


Long lines started the day, but quickly shortened

Election official Helen Horrocks of Ijamsville gives stickers to Christy Haybok of New Market and her daughter Katie, 1, after Haybok voted at New Market Middle School on Tuesday morning.


Reporter's Notebook: Melting Pot - Painters fighting for unpaid wages

A lawsuit filed Oct. 20 by two employees of the Annapolis Painting Services against the company's president, Robert Bontempo Jr., alleges the company violated federal and state wage laws.


Police blotter

The Frederick County Sheriff's Office is still investigating a two-car crash that occurred on Old Annapolis Road near Equestrian Way around 4:40 p.m. on Saturday.


Sheriff to meet with residents in Mount Airy

Frederick County Sheriff Chuck Jenkins will be hosting a community meeting from 7 to 8:30 p.m. Wednesday in Mount Airy to speak with residents about area law enforcement concerns.


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