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Snow Hill, 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 Snow Hill, 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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Snow Hill, Maryland News
County will settle for slightly higher interest rate

SNOW HILL -- After weeks of delay, the Worcester County Commissioners have decided to sell the $35 million in bonds that were originally set to be sold last month.


Special Worship Services

Beaver Dam Presbyterian Church Pocomoke City 'Give Thanks in All Things!' Is this possible with all the concerns of today? The church will hold an informal worship service Tuesday for all ages about giving ...


WMDT--Fire Rips Through Snow Hill Building

Fire ripped through a building in Snow Hill Thursday. Fire Marshals say it started just before 6PM on Ross Street.


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.


OC man found guilty in death at graduation party

SNOW HILL -- The last of three men charged with participating in the beating death of a Berlin teenager with a baseball bat in May was found guilty of manslaughter and second-degree assault by a jury in ...


Ocean City Man Convicted In Berlin Slaying

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Special birding status sought for heart of Worcester County

SNOW HILL -- Early morning is a quiet time on Nassawango Creek. Wood ducks and warblers call to each other through the cypress swamp, perched on branches with scarlet and yellow leaves.


Lawsuit over train derailment is stopped in its tracks

SNOW HILL -- Cleo Sundstrom's Basket Switch Road home is falling apart. 'I've got doors that are coming off the frame now,' Sundstrom said.


Discovery Center aquarium to feature sturgeon

A new deepwater aquarium exhibit will open in the spring at Delmarva Discovery Center thanks to a $250,000 contribution from the Fulton Owen Foundation.


Local artists featured during Snow Hill's First Friday

SNOW HILL -- Arts on the River First Friday will take place Nov. 7 from 5 to 8 p.m. End the work week with some music, refreshments and a self-guided tour of local art galleries and shops.


Murder trials may conclude with suspect's plea deal and testimony

SNOW HILL -- One of three men charged with killing a Pocomoke City woman avoided a murder trial in exchange for information that led to another defendant's manslaughter conviction.


Enriching art curriculum in Worcester schools

SNOW HILL -- To enrich our students' experiences in the arts, many of our schools invite resident artists to share a lesson and project with students.


Police to ensure safe trick-or-treating

City Councilwoman Debbie Campbell is irritated. Vandals recently entered the yard of her Camden Avenue home and stole the Grim Reaper -- a Halloween decoration she said had graced her yard and welcomed ...


Plea helps suspect avoid murder trial

SNOW HILL -- One of three men charged with killing a Pocomoke City woman avoided a murder trial in exchange for information that led to another defendant's manslaughter conviction.


Worcester tries to regulate sex shop locations

When Moshe Bitton was looking to expand his Salisbury-based retail business several years ago, Ocean City seemed the obvious choice for a new location.


Interest rates too high for bonds

SNOW HILL -- The Worcester County Commissioners have decided to delay the sale of $35 million in bonds that will be used to pay for additions and renovations to Pocomoke High School.


Murillo found guilty of murder

SNOW HILL - A 29-year-old illegal immigrant from Honduras was found guilty this morning of first-degree murder in the April stabbing death of a West Ocean City woman.


Ged often viewed as less valuable Ged Story

SALISBURY -- After undergoing surgery for a shoulder injury, football player Charlie Porch, 19, had more than 17 excused absences from Snow Hill High School during rehabilitation two years ago.


Shore short on rainfall

SNOW HILL -- Although unusually dry weather offers prime harvesting conditions for Lower Shore farmers, Virgil Shockley fears that his 325 acres of Worcester County farmland are becoming flammable without ...


Budget cuts should have no impact on roads project

SNOW HILL -- Wheels are in motion for several state projects to improve Worcester County roads.


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