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Monhegan, 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 Monhegan, 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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Monhegan, Maine News
Shrimp season opens Dec. 1

PORT CLYDE : As summer's sunshine becomes a fading memory, Mainers looking for a delicious and healthy source of vitamins D and B12, selenium and other minerals need seek no further than Pandalus borealis, the ...


More Details

Property Description: John Calvin Stevens inspired shingle-style, 7,000 s.f. home set on almost 10 private acres with extraordinary views to Monhegan and a deepwater dock.


Thanksgiving Is Next Week... Time To Make Your Reservation at The Hideaway

NORTHPORT : Thanksgiving Day is getting closer. Why not give yourself a break and let us cook Thanksgiving Dinner for you.


Samoset honors Achorn for leadership

ROCKPORT : The Samoset Resort announced that Greg Achorn has been selected as the October Associate of the Month.


Port Clyde to Paris' at Tidemark

WALDOBORO : As the time of shorter, colder days arrives, thoughts may take flight remembering warmer weather or exotic places.


Monhegan Island Cottage

Monhegan Island History The name Monhegan derives from Monchiggon, Algonquian for "out-to-sea island." European explorers Martin Pring visited in 1603, Samuel de Champlain in 1604, George Weymouth in 1605 and ...


Explore Monhegan Island with Maine Audubon

MONHEGAN : Maine Audubon is leading a day trip to explore Monhegan Island, one of the state's most beautiful places and a hot spot for migrating birds, from 8:30 a.m. to 4:30 p.m. Wednesday, Oct.


Lobstermen trade line in Rockland rope swap

ROCKLAND : Brian Fellows of Cushing has been lobstering since high school. Now in his 30s, Fellows understands the concerns that are driving the rule mandating the use of so-called sinking rope between traps ...


Small Island Post Offices On The Edge?

The other day I received the September issue of The Working Waterfront , a monthly publication about Maine islands and waterfront areas of Maine.


Monhegan Island

Welcome to Monhegan! Monhegan is a small, rocky Island ten miles from the nearest mainland and scarcely a square mile in area.


Paintings of place and psychology

THOMASTON : Contemporary realist painter David Vickery of Cushing will give a slide talk about his art at 6:30 p.m. Wednesday, Aug.


Maine people and places on view

PORT CLYDE : Lydia Kaeyer and Judith Olson are guest artists through Sept. 14 at the Port Clyde Art Gallery.


Smith Gallery opens annual summer show

CAMDEN : Marianne W. Smith will open her fifth summer exhibition with a 5:30 to 7:30 p.m. reception Thursday, July 31, at the M W Smith Gallery at Lord Camden Inn at 24 Main St./Route 1. Smith's "Boats and ...


Belfast Gets Ready For Marine Heritage Festival

Belfast will be bustling Saturday with the Belfast Marine Heritage Festival and National BoatBuilding Challenge.


Shipyard Destroyed

Watching Washburn & Doughty burn to the pilings on Friday, July 11 brought back memories - albeit much happier ones -- of another shipyard event in the same general area in East Boothbay just over four decades ...


art_whitney_list.jpg

"FISSURES #13" Monoprint by Wendy Prellwitz. "Arc Of Visibility: Between The Shore And The Sea" works by Wendy Prellwitz and Michael Torlen Through July 26 207.774.7011 In nautical terms, the "arc of ...


A Month of Fun: Thursday, July 3

Down East Editors' picks for fun ways to celebrate every day this month. Go Stargazing Rangeley The Pine Tree State is blessed in the celestial sense.


Dinner Specials at Rockland Cafe

Back to basics! Monhegan - 12 miles offshore sits this imposing rock which derives it's name from the Algonquian Indians for "out to sea" it is 1.75 miles long and 1.2 miles wide & located in the gulf of Maine, ...


Looking directly

GEORGIA O'KEEFFE: 1956 Gelatin silver print, 39 by 39 inches, by Yousuf Karsh. OK, summer's here and it's time to please the visitors.


Live at Night party celebrates Farnsworth's exhibition opening

ROCKLAND : The Farnsworth Art Museum will host a Live at Night at the Farnsworth party on Friday, June 20 to celebrate the opening of the summer exhibition "From Impressionism to Modernism: American Paintings ...


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