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North Beach, 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 North Beach, 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.

Return to fha loans in the state of MD

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North Beach, Maryland News
Two indicted for home burglaries in Beaches

Two Twin Beach residents were indicted Nov. 17 for separate home burglaries that occurred in the Beaches in September.


County backs down on projects

A county budget squeeze has led to a scaled back Capital Improvements Program budget for next year, with projects being curtailed or deferred.


Highlights of the 2008 holiday season

NOV. 29: A new event, the Christmas Tree Lighting at Park Place is from 5 to 8 p.m. with performances by the All Children's Choir of Annapolis and the One Accord Mass Choir.


'Tis the season to be cautious

It may be the season to be jolly, but statistics show it is the season for robbery as well and being a victim of theft or burglary is nothing to sing about.


Calvert Health Dept. offers clinics

Calvert County Health Department volunteer and former department nurse practitioner Carol Prince gives Austin Finley, 4, of Lusby the flu mist Thursday at the department's flu clinic at Huntingtown High School.


Students work with artist to create bay mural in cafeteria

North Beach artist Gary Pendleton shows, from left, Beach Elementary School fifth-graders Sierra Mullen, 11, Mariah Young, 10, and Ariel Rastakhiz, 10, how to mix colors Saturday before they began working on a ...


North Beach's finances good despite economy; infrastructure shapes up

Mayors from Atlanta, Phoenix and Philadelphia wrote letters asking for a part of the federal bailout package for their towns, but North Beach is riding out the economic downturn just fine.


Marijuana found in N. Beach home

A North Beach resident was arrested and charged with possession with intent to distribute marijuana after execution of a search warrant revealed marijuana with an estimated street value of $10,000, a Calvert ...


Southern Maryland population growing; number of doctors shrinking

Dr. Robert Schlager talks with patient Casey Mitchell of North Beach recently at the Twin Beaches Community Health Center in North Beach.


Vandals damage North Beach clock a " again

The Town of North Beach had a relatively quiet summer, with police reporting a lower rate of vandalism this year compared to prior years, but recently vandals struck town property.


Veterans honored, remembered throughout county

Patuxent High School Navy JROTC cadets Christine Leyton and Kyle Samilton perform a rifle exhibition at the Southern Pines Senior Center at a Veterans Day ceremony Monday.


Sand in the Gears

Megan Gates, 12, and her dad Donnie Gates of Huntingtown take off to start their first rally Saturday in Donnie's 1967 Chevrolet Chevelle he's owned since he was 16 years old.


Commissioners praise BGE improvements

Officials from the Baltimore Gas and Electric Company heard what may well have been unexpected words of encouragement Tuesday, when the Calvert County Board of County Commissioners commended the company for ...


'Sand in the Gears'

The fall car rally returns to North Beach on Nov. 1. According to a press release, the 60-mile course winds through Calvert County, and competitors will be organized into classes for rookies, novices and ...


Mayor hopefuls speak at forum

It is an opportunity for change, a new era for Chesapeake Beach. These sentiments were spoken by several candidates who participated in the League of Women Voters of Calvert County's Candidate' Forum for ...


Ches. Beach honors long-time mayor

It was a night for reminiscing, proclamations and resolutions and a night of appreciation for Mayor Gerald Donovan's 32 years of service to the Town of Chesapeake Beach.


Club opens with fanfare, gov. visit

Dignitaries at the grand opening ceremony of Bayside Boys & Girls Club in North Beach on Oct.


Grants awarded for heritage tourism

In spite of the recent souring economy, Southern Maryland Heritage Area Consortium awarded nearly $17,000 in grants to 17 projects in Southern Maryland last week from its mini-grant program.


Boys & Girls Club delays opening

The Bayside Boys & Girls Club held its third annual Sparkle on the Bay fundraiser Saturday at the boardwalk in North Beach.


A perfect day to play

Sena Weaver, 3 12, of Chesapeake Beach pokes out of a porthole Saturday on the pirate ship in North Beach.


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