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Hallowell, 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 Hallowell, 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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Hallowell, Maine News
Slain N.H. officer's son might testify

Family members of fallen Manchester police officer Michael Briggs are expected to testify at the sentencing hearing of convicted murderer Michael Addison.


Clifford and Roberta Tibbetts celebrate golden anniversary

WALDOBORO : Clifford and Roberta Tibbetts of Waldoboro celebrated their 50th wedding anniversary on Aug.


Ellis Paul performing in Winthrop

The Winthrop Lions Club is pleased to announce their second fundraiser featuring Maine-born, internationally known, singer/songwriter, Ellis Paul, at the Winthrop Performing Arts Center Friday, Nov.


Governor Proclaims Friday as Maine Conservation Corps Day

Augusta, ME – Gov. John E. Baldacci has declared Friday, Nov. 14, 2008 as Maine Conservation Corps Day in recognition of the 25th anniversary of the Corps' formation.


The 'Worlds Afire' in Hallowell

As a fundraiser for Maine Association of Community Theaters and as a warm-up for their representation for the AACT Regional Festival in Merrimac, N.H., The Open Book Players will be presenting "Worlds Afire," ...


News of record

Arrest - Shelley Netter, 39, of 842 Jefferson Ave., was arrested on a warrant charging theft; 11:40 p.m. Friday.


A Daily Newspaper Editor Dishes Out the Virtues of Hallowell

When you live in a town that is both as picturesque and as historic as Hallowell, it's not unusual to harbor strong opinions.


Maine Merchants Association Elects Board Members and Officers...

The membership of the Maine Merchants Association elected eight members at the 75th Anniversary Annual Meeting on Friday, October 24, 2008 to serve on the Maine Merchants Association Board of Directors for a ...


Dionis Elizabeth Phelan

ROCKLAND : Dionis Elizabeth Phelan was born July 14, 2008, at 2:56 p.m. at Penobscot Bay Medical Center in Rockport to Megan and Matthew Phelan.


Country group will honor Maine musicians

The Maine Country Music Association will hold its 26th annual Country Music Awards Show Sunday, Oct.


View a List of Some Area Events on-Line.

Have activities you'd like our readers to know about? Please contact the news dept.or mail your news release to: The Times Record, P.O. Box 10, Brunswick, ME 04011.


Meet the barbershop quartets

D8 The Shiretones Barbershop Quartet will joined by two wonderful groups during the Shiretone's annual fall concert on Oct.


Harbor Committee Meets With Marina Partner

Twin Villages Condominiums and Marina representative Tom Federle apologized to members of the Joint Harbor Review Committee for his previous lack of communication and involvement.


Plan clears decks while juniors test

In an effort to boost standardized test scores, administrators are considering a plan that would give high school juniors the entire buildings to themselves when testing gets under way next month.


Pumpkin carvers pursue world record

Pumpkin goo. Gotta love it if you want to help Camp Sunshine break the Guinness World Record for lit jack-o-lanterns at its Maine Pumpkin Festival on Saturday, Oct.


All in a day's work: local shelter gets extreme makeover

ROCKPORT : One phone call was all it took for a statewide business that serves the local area to put a project in motion to make life a little brighter for the families who find shelter at the Hospitality House ...


Former nursing home to become Alzheimer's facility

ROCKLAND : Woodlands Assisted Living, a private for-profit corporation based in Waterville, has purchased the Shore Village Rehabilitation and Nursing Center at 201 Camden St.


Loved one lost: When dementia leads to wandering

Afflicted with dementia, Charles Springer, 69, wandered away from his home May 2 and has not been seen since.


Slaunwhite rallies to win Peterbilt 250

LET'S GO FOR A SPIN: Lonnie Sommerville, the 2006 race champ in car 23, spins around in front of Speedway 660 pro stock points leader Greg Fahey during Sunday afternoon qualifying for last night's Peterbilt 250 ...


North Haven celebrates new school

NORTH HAVEN : North Haven Community School students will start school Monday, Sept.


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"...I was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.
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