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Litchfield, 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 Litchfield, 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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Litchfield, Maine News
Children's author to speak on story-writing

Maine children's author, Sarah P. Gibson of Chebeague Island, will visit Carrie Ricker Middle School in Litchfield on Friday, Nov.


Maine State Police train for, train others on school safety

AUGUSTA : The following information was compiled Nov. 6, by the Public Information Office for the Maine Department of Public Safety: Last weeka s school hostage incident at Stockton Springs Elementary School ...


Turnpike closes Lewiston plaza

The Lewiston service plaza at mile 83 in the southbound lane of the Maine Turnpike was permanently closed Tuesday morning.


Service Plaza Changes Coming To Maine Turnpike

The Maine Turnpike is losing two service plazas, but the overall result will be a gain: a larger service plaza will be opening to take their place.


Third time's the charm for Sabattus school budget

It took three tries, but Sabattus voters passed a school budget Tuesday by a vote of 156 to 95.


Looking back

A new insect pest has appeared and is doing tremendous damage. It is a green worm about half an inch in length and has a special fondness for maple, beech and oak trees.


Asphalt prices delay roadwork

The skyrocketing price of liquid asphalt is causing the Maine Department of Transportation to suspend the paving of about 85 miles of state roads that was scheduled to begin this fall.


Power struggle

BREAKOUT>>>> Who: Central Maine Power Co. What: Public meeting on the Maine Power Reliability Program When: Sept.


School reorganization hearing attracts few

A handful of residents turned up for a public hearing Wednesday night at Oak Hill High School on the proposed reorganization of School Union 44 -- which serves Litchfield, Sabattus and Wales -- into a regional ...


Governor Baldacci Awards Six Students State Police Memorial Scholarships

AUGUSTA – Governor John E. Baldacci congratulated six students from around Maine for being awarded State Police Memorial Scholarships.


No charges filed in slaying of fowl

For Amy Tremblay the loss of more than 100 young chickens and turkeys was terrible.


Lightning fire destroys Maine barn

Lightning is blamed for a fast-moving fire that destroyed a barn in Litchfield. Tom Campbell said he was working near the barn when lightning struck Sunday and quickly engulfed his barn in flames.


View a List of Some Area Events on-Line.

The American Red Cross will be holding blood drives in the Mid-coast area during the month of June on the following dates and locations: - June 2 , Holy Trinity Church, 67 Frost Hill Ave., Lisbon Falls, 2 to 7 ...


Last two nuns retiring from St. Michael

In 1957, Sister Rachel Boucher stood before her first class of children at St. Andre's School in Biddeford.


Rines: 'I'm the stronger underdog'

Brian Rines, who was mayor of Gardiner for 14 years, wants to give it a second try against Sen.


Campers converge

Good Sam Club campers started arriving Tuesday for the annual Farmington spring Samboree to be held Friday through Sunday at the Farmington Fairgrounds.


Sixteen children in 'Charlotte's Web'

The Open Book Players will present the classic children's story "Charlotte's Web" Saturday and Sunday, May 17-18, at Johnson Hall. via Sun-Journal


Loving Your Lake House

"We have one rule: There are no rules"

Virginia Wright shares tips on making the most of your cottage or camp. Virginia Wright In the June 2008 issue of Down East, Virginia Wright gave us " 12 Ways to Love Your Lake House." Here are three more tips ... via Down East


Dresden Overdue for Public Safety Improvements

"We're being as transparent with you as we can. One hundred dollars per square foot is not a lot of money"

John Ottum opens the meeting It's time for Dresden, one of Lincoln County's fastest growing towns, to have a new fire station. via Lincoln County News


Kittery woman killed in Route 236 head-on crash

"It's been awhile since we've had a fatality here"

A young woman from Kittery was killed Monday morning when her car collided head-on with a tractor-trailer truck on Route 236. via The Citizen


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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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