Lewiston, 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 Lewiston, 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
| Lewiston, Maine News |
Lewiston seeking $35.7M from feds
If Congress sets aside money to stimulate the national economy, Lewiston wants to get its share.
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Attack on bridge called hate crime
State prosecutors are seeking a civil rights injunction against a Lewiston man stemming from his assault last year on a black man.
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Oxford Networks hires Malloy
Oxford Networks recently hired Penny Malloy as customer service representative in its Lewiston headquarters.
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Poulin to fight for seat
Helen Poulin doesn't intend to go quietly. The beleaguered Androscoggin county commissioner will fight to keep her seat, her lawyer told the governor's office Tuesday.
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CMMC pharmacist wins award
Kevin Forbush, Pharm.D., has been named the 2008 Distinguished Young Pharmacist of the Year in Maine.
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Maine Man Sheds 140 Pounds To Join The Marines
LEWISTON, Maine -- A man who shed 140 pounds to join the Marines is headed to Parris Island, S.C., to begin boot camp.
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Colby prof, villagers, reunite to produce 'A Somalia Album'
The last time Rilwan Osman saw his father, or heard his voice, was 1996. Osman, then 12, was running with his mother to escape rebels who captured their Somali Bantu village in East Africa.
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CMP appoints new manager
Central Maine Power's Brunswick Service Center is under new management. Don Holt, a 33-year veteran of the utility, has taken over leadership of the division.
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L-A pauses for those who served
Wearing his tan dress uniform and boots, 34-year-old Brian Landry leaned against the armory wall and watched Tuesday as a stream of aging veterans marched.
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Former UMaine Student Accused Of Hacking Computers
University of Maine police said a former student faces felony charges after gaining access to computers of students.
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Three Point Trio graces Guthries
Three Point Trio will perform jazz music at She Doesn't Like Guthries in Lewiston on Thursday, Nov.
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'The Beaver' greets fans in Lewiston
To Lenny Powers, Jerry Mathers is an icon. Powers watched Mathers' 1950s TV show "Leave It to Beaver" with his children.
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Alice Spencer brings art to UNE gallery
The art gallery at the University of New England presents "Alice Spencer - Fabricating Time: Paintings and Collected Textiles," featuring paintings inspired by Spencer's extensive collection of woven materials ...
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WWC to honor champions
Maine Centers for Women, Work and Community will honor four regional champions at one of its yearlong 30th anniversary celebrations.
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Lounsbury to speak at breakfast
The November Androscoggin County Chamber of Commerce breakfast program will feature Dr.
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'Heartening to see'
Tuesday's election surpassed partisan politics, electoral strategies and civic duty.
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Regionalization funding is worth preserving
In April, when legislators trying to balance the state's budget focused on a two-year-old fund to regionalize local government, few took notice.
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7 hurt in Auburn crash
Seven people, six of them teenagers, were hurt Wednesday night when an SUV and a car collided on Minot Avenue.
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Mainers ho-hum on Mars invasion
The rest of the nation may have screamed, but Maine yawned. While listeners to CBS Radio's broadcast of H.G. Wells' infamous Halloween 1938 broadcast panicked and rioted around the country, listeners in Maine ...
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Lewiston-Auburn voters weigh in on Election 2008
Sun Journal reporter Scott Taylor visited polling places in Lewiston and Auburn today to get a sample of what voters were saying on who and what they voted for and why.
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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 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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