West Rockport, 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 West Rockport, 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
| West Rockport, Maine News |
Rockport news
ROCKPORT : Town All meetings are held at the town office unless otherwise specified.
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Growers split on rules for aerial spraying
Several homeowners and representatives of Maine's organic farming community urged the Board of Pesticides Control to move forward with a proposal that, in many cases, would prohibit aerial application of ...
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Life Scout awards presented to Troop 200's Kangas, Crane
CAMDEN : Scoutmaster Earle Brown of Troop 200 recently presented Life Scout awards to Kobi Kangas and Jacob Crane.
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Brooks - Haynes engagement
THOMASTON : Rodney and Kari Brooks of Thomaston announced the engagement of their oldest daughter, Raechelle Summer Brooks, to Matthew Haynes.
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Holiday craft fair in East Union
The seventh annual holiday craft fair formerly at the Crockett House in West Rockport has moved to a new location.
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Rockport news
ROCKPORT : Town The Rockport Opera House ad hoc committee will meet Thursday, Oct.
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Rockport News
ROCKPORT : Town The Harbor Committee will meet today, Sept. 25, at 5 p.m. at the Three Dogs Cafe.
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Thomaston woman elected supreme president of Emblem Club
THOMASTON : A Thomaston woman has been elected to serve as national president of the Emblem Club.
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This Weekend's Artists and Artisans Tour Bigger than Ever with 24 Open Studios
MIDCOAST : This year's free Country Roads Open Studio Tour, set for this Friday through Sunday, September 12 through 14, will feature more artists' and artisans' open studios than ever before.
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Free cancer screening at Rockport dentist
ROCKPORT : Mount Pleasant Dental Care is offering free oral cancer screening with its Velscope oral light, which emits a blue light, causing oral tissues to fluoresce bright green.
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Warren school to honor late teacher
WARREN : Jean Hamalainen will forever be remembered at the Warren Community School.
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Rockport news
ROCKPORT : Town and school Just a reminder that town offices and all local schools will be closed Monday, Sept.
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Tending to Maine's only blue crop
ROCKPORT : It would be safe to say that heaven is not far out of reach, when atop Kris Kangas' more than 40 acres of lush blueberry fields in West Rockport.
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Hope Unleashed opens doors to dogs
HOPE : Nancy Dowling's lifelong love of animals and her commitment to customer service have blossomed into a dog caretaking business in Hope, providing a safe home for friendly pooches while their owners are ...
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Homeowners turn to wind turbines
Rachelle Horn stands at the foot of her Appleton front yard with the wind turbine in the background.
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Homeowners turn to wind turbines
Rachelle Horn stands at the foot of her Appleton front yard with the wind turbine in the background.
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Labor of love slips into Rockport Harbor
ROCKPORT : Three years ago, Ken Bailey chronicled well in the VillageSoup Times the reunion of Richard Deane with his long-lost love, missing for 30 years.
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Camden groups to map strategy for year-round economy
Representatives of the town, Camden Area Futures Group, Camden Bed & Breakfast Association, Camden Downtown Business Group, Camden-Rockport-Lincolnville Chamber of Commerce, and Knox-Waldo Regional Economic ...
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Labor of love slips into Rockport Harbor
ROCKPORT : Three years ago, Ken Bailey chronicled well in the VillageSoup Times the reunion of Richard Deane with his long-lost love, missing for 30 years.
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Local man wins Dibner fellowship
WEST ROCKPORT : Midcoast writer Patrick Downes has been awarded the Martin Dibner Memorial Fellowship in fiction.
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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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