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Reverse Mortgage
Divorce Buyouts
Debt Consolidation
Home Improvement
Purchase
Refinance
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Hanover, 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 Hanover, 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
| Hanover, Maine News |
Small quake sounded like 'a huge blast'
Ed and Loretta Powers were sipping coffee at their kitchen table at about 5:30 on Thursday morning when they heard a loud explosion.
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Collins campaign tour visits Rumford
U.S. Sen. Susan Collins campaigned Friday in northern Oxford County, speaking with paper mill workers, town employees, school children and business owners.
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Chase seeks county commission seat
Charleen Chase of Bethel is announcing her candidacy for Oxford County commissioner for the seat representing the towns Bethel, Hanover, Norway, Sweden, Waterford and southern Oxford County.
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Mexico gives residents place to dispose of hazardous waste
Pullout Box: Upcoming or ongoing household hazardous waste collections: From 8:30 a.m. to 12:30 p.m. on Saturday, Sept.
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Crash Closes Route 2 In Hanover
State Poilce and the Oxford County Sheriff's Department on on scene of a crash involving a tractor-trailer carrying wood chips and a car on Route 2 in Hanover.
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note: Atkisson is cq per scott. KBS production back online Monday
Three months after heavy snow collapsed half of the roof of the recently opened KBS plant in Waterford, production will be back online Monday.
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Superintendent explains decisions from teen party
In addition to discussing SAD 43's plan for consolidating with SADs 21 and 31, and Hanover, directors and Superintendent James Hodgkin addressed ramifications of last week's teen booze party in Roxbury.
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Plans move ahead for Med-Care facility
Plans are moving ahead toward construction of a new Med-Care Ambulance Service facility as each of the 11 member towns vote on whether to approve a new 10-year local agreement. via Sun-Journal
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Newry OKs waste hauling bids
"It was put out to bid in February and now we're analyzing the proposals before making longer-term decisions" Newry has a new solid waste hauling agreement after selectmen decided to go with low bidders at Monday night's board meeting, rather than stay with one hauler. via Sun-Journal
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Hall of Fame still has stallion breedings available
Hall of Fame still has stallion breedings available April 17, 2008 The Harness Racing Museum thanks all donors and bidders for a very successful 2008 Stallion Breeding Auction. via HarnesRacing
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Shots Fired During Home Invasion
Four men from northern New Hampshire are charged with a home invasion, in which shots were fired. via WCAX-TV Burlington
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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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"I prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.
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