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North East, 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 East, 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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North East, Maryland News
Parade marches into downtown North East

PARADE MARCHES INTO TOWN The Cecil County Christmas Parade will kick off Saturday in downtown North East at noon.


Towns shoo in the Christmas spirit

You may have a lot of work to do before Santa makes his rounds this month, but between decking the halls and trimming the tree, don't forget to work some fun into the mix.


North East welcomesvisitors with its newbanners and festivities

Christmas decorations on Main Street in North East have some company: 23 new banners welcoming everyone to town.


Mattix on Matters

I was out and about I tried out a new eatery over the weekend that I have to share with you.


Turkeys have long history in America

American Indian turkeys first traveled to Europe aboard Spanish galleons that were returning from a visit to Montezuma.


At bakery, pies flying off the shelves

BERLIN -- Roberta Ward has a 50-pound bag of flour and two 36-pound blocks of butter in her kitchen at the Pink Box Bakery and Cafe.


SALISBURY: Fire marshal probes soda bottle bomb explosions

SALISBURY - Several soda bottle bombs exploded Tuesday evening on the property of Easter Shore Properties on Smith Street in Salisbury.


A public reading at Cecil

Participating students include Heather Duffer, Andy Hamilton, Chris D'Antonio, Kevin Cosby, Jerry Warner, Laura Manchester, Vaughan Ellerton and Jaimie Horton.


Fallen Arches

Gilpin Falls Covered Bridge, a 119-foot long historic structure in North East built in 1859 or 1860, is receiving some long-overdue attention.


Pedestrian Hit, Charged

" A pedestrian struck by a Berlin juvenile on Route 589 in Ocean Pines last week has been charged with failing to yield to a vehicle while unsafely crossing the roadway.


Precarious refuges for Cecil County homeless

Squint and he might be just a considerate camper. The boots neatly lined up outside his one-man tent.


Car damaged by unknown liquid in N. Coventry

NORTH COVENTRY a ' Township police are investigating an incident of criminal mischief after someone damaged a car with an unknown liquid.


Art museums offer creative inspiration

Feed your cultural appetite this weekend as Go to an Art Museum Day gets underway Sunday.


Lower Shore looks at recession impact

SALISBURY -- With a new president-elect and fresh memories of the nation's economic bailout woes in tow, local business leaders gathered at Salisbury University for a discussion on the state's economic ...


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T he elegant little gallery that has graced its location at Church and Queen streets for more that decade will close Nov.


Md. Man Gets Time Served In Roommate's Death

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Man gets 'time served' for roommate's death

A Cecil County judge found a man accused of choking his roommate to death guilty of second-degree assault Friday, sentencing him to almost a year in prison but suspending all but the time already served since ...


A long-standing tradition

North East resident Wayne Combs has been collecting antique bottles since he was 15.


MD--Delivery Drivers-Robberies

Maryland State Police at the North East barracks are warning Cecil County food delivery drivers to be careful after several recent robberies.


Costume party at the 'Palace'

Sophia D'Camera, 2, draws a face on her lollipop ghost Friday afternoon during the Pumpkin Walk at the Hammond-Harwood House in Annapolis.


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