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Ogunquit, 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 Ogunquit, 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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Ogunquit, Maine News
Wells restaurant honored for fundraising work

Mike's Clam Shack in Wells was honored for supporting the Wells-Ogunquit C.S.D. as owner Mike McDermott received the 2008 MSBA Business Friend of Education Award from the Maine School Boards Association.


Family Vacations: Ogunquit

"Family Vacations: Ogunquit." 23 April 2007. HowStuffWorks.com. 20 November 2008.


Ogunquit dog rules should be obeyed

We understand the trepidation with which Ogunquit's town officials are handling an amended dog ordinance there.


Ogunquit considering municipal office campus

If the Building Needs Committee gets its way, the town's operations will be centered at a renovated Dunaway Center and Ogunquit Village School building in the future.


Another shot at consolidation

The School Committee will tackle the familiar issue of statewide school consolidation tonight, with a discussion on big-ticket projects also in the works.


Grey Gull Inn in Wells to sell at auction

For the last 23 years, Ogunquit residents Donna and Gordon Lewis have operated the landmark Moody inn and restaurant known as The Grey Gull, offering great dining and cozy accommodations to residents and ...


Playing dress up with costume designer Maura Suter

It's Maura on the phone vying for airspace with a crying baby. "Call you later." It's Maura, later, back for the phone interview, the sound of her working sewing machine humming softly in the background.


Ogunquit Town Column and#8212; Nov. 13

OgunquitFest was once again a great success. We had wonderful days and beautiful foliage and the fabulous scarecrows were a delight.


Ogunquit hires consultant for town manager search

The Town of Ogunquit has engaged the services of Yarmouth-based personnel consultant Mike Wing to aid in its search for a new town manager.


York area holiday fairs

Christ Church in Kennebunk will hold its annual Pine Cone Fair from 9 a.m. to 2 p.m. This year's event will have some new features, including a lobster and corn chowder luncheon, and specialty holiday wreaths ...


Wells Town Column and#8212; Nov. 6

Hi everyone! Have you all had a good week? Did you get lots of trick-or-treaters on Halloween? Here at Stephen Eaton Apartments, we didn't even have one visitor.


Trolley ridership keeps increasing

In its third year of operation, the Shoreline Explorer network of trolleys and busses reported ridership of 63,353 - up 5.4 percent over 2007 and 42 percent over its start-up year .


Ogunquit's history preserved in series of taped interviews

A project under way in Ogunquit is seeking to preserve the unique history of the town and the lives of its many iconic residents.


Ogunquit voters approve $3.1 million budget

Ogunquit voters were in a generous mood Tuesday, as they approved all but one of 46 warrant articles on the town ballot.


'Return on Life' Vacations - New Virtuoso Concept

A new travel experience, a Virtuoso Concept dubbed 'Return on Life,' is building on this new trend.


Ogunquit police log

10:15 p.m. Jacob Marsh, 19, of North Berwick, was issued a summons and charged with illegal possession of liquor by a minor.


Ogunquit Town Column and#8212; Oct. 30

Recently we received a schedule for the Ogunquit Women's Club meetings for 2008-09 and it is certainly going to be an interesting year.


Thieves enter country club in York through rooftop cupola

Police from York, Wells and Ogunquit on Sunday morning responded to a burglary at the Cape Neddick Country Club that involved a complicated break-in and an escape on a golf cart.


Meadowmere claims first Bridge to Beach bed race title

The Ogunquit Chamber of Commerce celebrated its fifth annual OgunquitFest with the new Bridge to Beach Bed Race on Beach Street.


Andrews facing Bowman in Maine state Senate race

Mary Black Andrews, R-York, is facing off against incumbent Peter Bowman, D-Kittery, in the race for Seat 1 in the Maine state Senate.


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