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North Waterboro, 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 North Waterboro, 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
| North Waterboro, Maine News |
Land Access Debate
More Mainers are posting their land these days because of vandals... Maine's time-honored tradition of allowing recreational access to private land may be in jeopardy, in part because of abuses that test the ...
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More land is posted in Maine
NORTH WATERBORO, Maine - Maine's distinctive tradition of allowing recreational access to privately owned woodlands and waterfronts may be in jeopardy, in part because of abuses that test the limits of ...
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Wells police log
He had allegedly attempted to steal food and juice. He was released on bond with a court date in York District Court.
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Waterboro teen charged for assaulting an officer
WATERBORO : A Waterboro teen faces several charges after assaulting a local homeowner and two officers and leading York County deputies on a foot chase into the woods in Lyman.
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Human Rights Commission upholds resident's claims
WATERBORO : The Maine Human Rights Commission made a decision Aug. 11 to uphold the claim of a North Waterboro woman who said she was the victim of sexual discrimination and harassment when employed by Nappi ...
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Wells police log
Sousa was charged with domestic violence assault. He was also charged with obstructing the report of a crime and violation of conditions of release.
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Mainer charged in crash has history of violations
A 25-year-old North Waterboro woman charged with hitting a motorcyclist with her car and driving away has a long history of motor vehicle violations.
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North Waterboro Standoff Ends Peacefully
A North Waterboro man was arrested Monday night after causing a six-hour standoff with police.
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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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"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
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