Alfred, ME FHA Loans in Maine
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 Alfred, ME 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 ME
| Alfred, Maine News |
Kennebunk police log
Kristen Gouveia, 23, of Hampton, N. H., was charged with operating a motor vehicle without a license.
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Double dose of dancing Lewiston Public Library will host a contra...
People of all ages will have a chance to shake a leg at the Lewiston Public Library this weekend, courtesy of two community folk dance events in Callahan Hall.
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A year later, woman's killer unknown
Kelly Gorham was last seen alive one year ago today. Friends and family wondered for days what happened to the 30-year-old nursing student from Alfred, Maine.
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President Bush arrives in Maine for the weekend
Over the years, Mackenzie Rowe has stood in her driveway on Route 99 and waved as President Bush passed through in his motorcade on his way to his parents' seaside home in Kennebunkport.
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Suspect in negligent homicide allegedly drives car in pond
LEBANON : Maine State Police this morning arrested a Rochester, N.H. man after his car was found submerged in a swamp off the Center Road in Lebanon.
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Naomi (Nunan) Burns
Naomi Burns, 75, died Monday, July 7, 2008, after a short illness and is at peace with the Lord.
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Shelter programs trying to save money, go green
The York County Shelter Programs has formed a Green Team to address the soaring prices of energy for their Shelter and all their twenty-four housing units for previously homeless individuals and families.
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Collins receives St. George Award
Dr. Thomas Collins received the American Cancer Society's St. George National Award from Andrew Prescott, President of the New England Board of Directors.
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The Observer: Homelessness affects us all
It is said that "home is where the heart is," but where is the heart if there is no home? The experience of being homeless is hard for most of us to understand, but it is all too familiar to many.
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Bartlett Pleads Not Guilty To Crash Charges
A Wells woman accused of causing a wrong-way crash on the Maine Turnpike has pleaded not guilty to 15 charges, including two counts of manslaughter and aggravated operating under the influence.
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Kennebunk area calendar of events
The calendar is a compilation of events by local organizations, businesses or individuals.
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Habitat for Humanity eyes Hemlock Avenue site for affordable home
There is a new house on a tree-lined road in Alfred, a small community in York County.
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Sanford embraces native son Cote at polls
If it were up to voters in Sanford and its neighboring towns, Adam Cote would be the Democratic Party's candidate in the race for Maine's District 1 seat in the U.S. House of Representatives in November.
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Habitat group helps Hollands
The Holland children play in their yard - a car repair lot along Alfred's busy Route 4. Their father, Troy, watches diligently as they kick up dust.
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South Berwick woman turns self in on burglary charge
A local woman was arrested for the third time in as many months when she turned herself into police last week in connection with a November break-in. Jamie L. Achilles, 31, of 21 High St., was charged with ...
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Blaze scorches 5 acres off Hanson Ridge Road in Springvale
Memorial Day proved a hot one in more ways than the weather - a fire ripped through five acres of forest off Hanson's Ridge Road.
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Wells police log
He was taken to the York County Jail in lieu of $260 cash bond. n 11:50 p.m. - Police said that a motor vehicle stop on Quarry Rd. via York Weekly
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Bangor, Maine Wvii Abc 7 and WFVX Fox 22
ALFRED / OLD ORCHARD BEACH - A former University of Maine student has been indicted for killing his family in Old Orchard Beach in February. via WVII
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Stockton Springs: Fundraising underway to remove church steeple
"I know that sounds like a lot, but I just can't imagine it not being replaced" By Walter Griffin Wednesday, April 09, 2008 - Bangor Daily News The Stockton Springs Community Church steeple may have survived being hit by lightning, but years of infiltrating moisture have rotted its support ... via Bangor Daily News
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Hoping CMP will see the light
Forty-two years ago this month, Senator William J. Fulbright delivered his prophetic "arrogance of power" address, citing the dangers of America's deepening engagement in Vietnam. via York Weekly
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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
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"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
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