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Auburn, 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 Auburn, 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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Auburn, Maine News
Two Men Arrested In Auburn Drug Bust

A drug bust in Auburn resulted in two arrests. Police arrested Troy Brown, 18, and Donald Swasey, 20, on charges of drug trafficking.


Dock to head development

James Dock of Auburn has been appointed as development director of the Bethel Historical Society's Regional History Center.


Humason - Fulgham

The wedding of Debra Leigh Humason and Stanford Fulgham was held at 6:30 p.m. on March 22 at the Auburn United Methodist Church.


50th anniversary celebrated

The children and grandchildren of Paul and Marguerite Goulet of Lewiston marked the couple's 50th wedding anniversary with a party on Aug.


Grandmother writes children's book

Jean Raymond, who has lived all her life in Lewiston-Auburn, has released a children's book that evolved from an idea to write something her seven grandchildren could include in their scrapbooks.


Auburn woman slashed

A local woman was sliced with a broken beer bottle Wednesday and another was arrested after an early-morning fracas on Court Street.


Forum Connects Young Voters With Candidates

A special forum in Auburn put young voters face-to-face with the candidates for president Wednesday.


CLT to audition for comedy on mating game

Lewiston-Auburn Community Little Theatre will hold auditions for "I Love You, You're Perfect, Now Change" at 6:30 p.m. Monday and Tuesday, Oct.


Cops charge boy, girl in apartment burglaries

A boy and a girl were charged Tuesday after police say they broke into at least three Pleasant Street apartments.


Female Hockey Players Look To Expand Their Sport

The players range in age from their early 20's, all the way to their late 40's. Most of them grew up playing on men's teams, and only got to play with other women when they got to college.


Big Hangar Under Construction in Auburn

Contractors from several local and regional companies work together to construct a massive hangar next to the terminal at the Auburn-Lewiston Municipal Airport.


Section Of Route 136 Collapses

A section of Route 136 northbound in Auburn near the Durham line collapsed on Wednesday, forcing closure of part of the road.


Home quickly burns

A house burned flat, a cat perished and traffic was jammed in three towns Wednesday when fire broke out on Woodman Hill Road.


St. Mary's Auburn Office Taking Shape

Work has already started on the new Saint Mary's Outpatient Medical Building in Auburn.


Baptist festival features organist, others

Court Street Baptist Church will present a fall music festival with renowned organist Mark Thallander at 6 p.m. Sunday, Sept.


Canton man guilty

It took a jury an hour and a half Thursday to find a Canton man guilty of raping, robbing and strangling Donna Paradis, a 38-year-old pregnant mother of two, and burying her body in a shallow grave last ...


Maine man convicted of murder

View collections of photographs by award-winning Bangor Daily News photo journalists.


Truck-ram suspect faces attempted murder charge

A man who was shot Monday during a confrontation with police was charged Tuesday with aggravated attempted murder.


Shots fired in chase

A man who police said fled Superior Concrete in a truck Monday night was found in Poland hours later with a gunshot wound after a police chase.


Police Chase Leads To Shooting In Auburn

Later today police will charge a Lisbon man who led police on a wild chase. Auburn police say they recieved a report of a theft at Superior Concrete on Minot Street around 9 Monday night.


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