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Alloway, NJ FHA Loans in New Jersey

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 Alloway, NJ 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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Alloway, New Jersey News
Tirrell, Beckwith become Eagle Scouts

An Eagle Scout Court of Honor Ceremony was held Aug. 15 at Friendship Finley Church on Centerton Road in Upper Deerfield to recognize Eric M. Tirrell and Jason Beckwith of Boy Scout Troop 27.


PMHS students go back to school

The transition from exuberant youth to scholarly student was met with a yawn Wednesday for many high schoolers here, thrust back into the classroom after an abrupt end to the lazy days of summer.


Bowns Celebrate Golden Anniversary

Walter and Nancy Bown of Millville recently celebrated their 50th wedding anniversary at a surprise dinner party at Marciano's in Vineland hosted by their children.


Alloway man critical after 3-vehicle crash

An Alloway man remained in critical condition late Wednesday following a three-vehicle accident here during the morning hours on Telegraph Road, authorities said.


One airlifted in Alloway accident

At approximately 8 a.m. today there was a three-vehicle accident on Route 540. A Chrysler PT Cruiser collided with a Ford pickup truck that was pulling a camper trailer.


County officials dissolve SCUA

The freeholders adopted an ordinance dissolving the Salem County Utilities Authority after a silent public hearing Wednesday, putting its day-to-day operations under the oversight of an expanded county ...


Some Salem County tax bills were wrong

An error in the tax bills sent out in seven municipalities participating in open space programs has created an estimated $35,000 shortfall in the tax collection this year, officials said.


Towns buck police plan

With the state now requiring municipalities to begin paying for state police patrols, at least two local government bodies are protesting.


Salem County Sheriff's Department makes child support arrests

The Sheriff's Department cleared 44 child support warrants during July. Nine others were arrested on additional warrants.


Religion News

BRIDGETON -- The Open Hearts Parish Ministry will hold Vacation Bible School, themed 'Jerusalem Marketplace: Where Jesus Walked to the Cross' from 6:30 to 8:30 p.m. Aug.


Grieving kids find joy at camp

ALLOWAY -- For children trying to get through the grieving process associated with losing a beloved family member, there are few places to turn.


Camp set for August

Youth Empowering Youth, a week-long day camp sponsored by the Southwest Council, Inc., is being held during the first two weeks in August for adolescents showing leadership skills who participated in ...


8 county towns get state police bill

Bills have gone out to 89 towns that would begin paying for state police patrols for the first time in January if they decide to continue the service.


PEOPLE Vineland woman wins teacher contest

Vineland resident Esther McQuaid is a winner of SRA/McGraw-Hill's 'What's the Story?' Teacher Author Contest.


Poker Run draws hundreds of area bikers

Almost 400 motorcyclists from the tri-state area turned out to support Pennsville Fire and Rescue Department's volunteer firefighters on the Eighth Annual Poker Run.


SH&WF awards grant to Cooper

From Staff Reports tsnews@sjnewsco.com SALEM The Salem Health and Wellness Foundation has awarded a five-year grant totaling $1,307,706 to Cooper Hospital/University Medical Hospital to provide health screening ...


SH&WF awards grant to Cooper

From Staff Reports tsnews@sjnewsco.com SALEM The Salem Health and Wellness Foundation has awarded a five-year grant totaling $1,307,706 to Cooper Hospital/University Medical Hospital to provide health screening ...


Oldmans set for property revaluation

OLDMANS TWP. After waiting more than a decade and a half, the township will go ahead with a municipal property revaluation soon.


Motorcyclist injured in accident

ALLOWAY TWP. A motorcyclist from Delaware remained hospitalized following an accident here Wednesday afternoon.


Motorcycle accident in Alloway Township

Police and ambulance squads are currently at a motorcycle accident on the 200 block of Telegraph Road.


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