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Anson, 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 Anson, 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.

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Anson, Maine News
Motorcycle Crash

Skowhegan police are investigating a serious motorcycle accident that happened Tuesday afternoon... A man was attempting to pass another vehicle on the Waterville Road when the bike's brakes suddenly locked up, ...


Weekend arrests in Somerset County

IN ANSON, Sunday at 7:57 a.m., Troy Walther, 25, of Anson, arrested on a charge of violation of bail conditions and held without bail.


Burglaries, thefts keep police busy

IN OAKLAND, Wednesday at 1:58 p.m., police investigated a reported drug offense on Center Street.


Assaults, criminal mischief top arrest logs

IN WATERVILLE, Wednesday at 4:50 a.m., Jamie Lynn Charity, 28, of Winslow was arrested on Halifax Street on a charge of assault.


Bridge work set to begin in Chesterville

Work on a bridge spanning Norridgewock Stream on Pope Road is scheduled to begin Monday, but the road may not be closed in that area just yet.


Farm cleans up with goat-milk soap

Joanne Gorey has a purpose for the 30 goats she keeps on her 10-acre farm in Anson.


Skowhegan: Somerset County towns hit hard

One town had to increase its mill rate by almost 27 percent. Another community raided its savings account.


Ideal Conditions heads Mid Summer Classic Field

The Mid Summer Classic, a mainstay of the New England harness scene during the 1980s and 1990s, will experience a rebirth on Friday as Scarborough Downs reinstates the $20,000 Invitational Pace as a vehicle to ...


Pittsfield: SAD 53 eyes options after consolidation vote

Michael Gallagher, superintendent of schools for SADs 53 and 59, has requested guidance from the Maine Department of Education regarding the recent vote by SAD 59 residents not to consolidate with SAD 53.


Lincolnville considers investment portfolio, road upgrades, land deal

LINCOLNVILLE : Lincolnville selectmen will consider circulating a request for proposals from investment banks to help keep a $1 million fund thriving when they convene tonight for a regularly scheduled meeting.


Turnouts low for Maine school budget votes

"Unless a referendum is well-founded, it's a very large waste of taxpayers' money"

Voting season is under way in Maine, but few people seem to have taken notice. Under a new state law, voters are going to the polls this spring to cast ballots on their local school budgets. via Boston.com


Scarborough's opener a smashing success

The gates swung open on Friday afternoon, April 11, the crowds arrived and the cavernous grandstand at Scarborough Downs came to life once again as the 2008 harness racing season celebrated opening day in the ... via Hoof Beats


Flood experts keep eye on snowpack

"The Dead River and the Kennebec up by The Forks are open water. Usually, there are 6-feet ice chunks tossed along the sides. None are there"

As the snow continues to pile up, water flows into basements and ice encases trees, state officials are carefully monitoring snow and water levels with an eye toward spring flooding. via Bangor Daily News


Stove ashes spark ell fire

"I knew I wasn't in danger. It was in the ell. I wasn't going to leave my home"

Wood stove ashes set too close to a house on Anson Valley Road on Friday caused minor damage to an ell. via Sun-Journal


Ex-school official pleads to sex abuse

A former high school assistant principal awaits sentencing after pleading guilty to sexual abuse of a minor. via Sun-Journal


Accused man (a High School, Vice-Principal) resigns from ministry

"Male teachers can't stay in the profession. You can't even look at these people the wrong way."

The Carrabec High School administrator accused of unlawful sexual contact with a minor has stepped down as minister of an evangelical church. via Free Republic


Assistant Principal Charged With Sexual Abuse Of A Minor

The assistant principal and athletic director at Carrabec High School has been charged with unlawful sexual contact and sexual abuse of a minor. via WLBZ


Includes Photographs

Cooler conversation You know you're in Maine when you drive really slowly to work in a snowstorm, spend the next two hours chewing the fat with co-workers about how you actually made it to work, then leave work ... via Village Soup


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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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