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Asbury Park, 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 Asbury Park, 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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Asbury Park, New Jersey News
Gracious strangers save day

DEAR ABBY: Please let the world know that kind people still exist. I was on my way to two job interviews.


Asbury Park Press Giant Yard Sale is canceled

The Giant Yard Sale sponsored by the Asbury Park Press and held annually at Monmouth Park has been canceled due to economic conditions and the resources required to conduct the event.


U.S. to probe treatment at Ancora

The U.S. Department of Justice Civil Rights Division will begin an inquiry into conditions at Ancora Psychiatric Hospital, the state announced Friday.


Meter system snares tourists

Irecently received an expired meter parking ticket on Ocean Avenue, Asbury Park.


Grandpa Faces Jail for Using Girl to Steal

A North Jersey man could be sentenced to as much as 14 years in prison for using his 4-year-old granddaughter to steal a purse on the Jersey Shore.


Base teacher pay on results, not their degrees

New Jersey Education Commissioner Lucille Davy's solution to the bogus degree scandal merely treats one symptom of a larger problem.


Two indicted in 2007 fatal shooting in Asbury Park

An Asbury Park man and a Willingboro man have been charged by a grand jury with the murder last year of an Asbury Park teenager.


on Wall Street: Oil's retreat not enough to sustain rally

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Ex-parole board member in mobster flap kills self

A man who leapt to his death from a Garden State Parkway overpass was a former New Jersey state Parole Board member who was among those who approved the early release of a reputed mobster earlier this year.


Plans for Oyster Festival in Asbury bigger than ever

At least 18 restaurants plan to join in the Guinness Oyster Festival under the tents from noon to 6 p.m. Sept.


Man Charged In Death Of N.J. Firefighter

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A Day at the Beach, Lavallette

Labor Day Weekend beach shots- Erica Henninger, 10, and Mateusz Zaremba, 5, both of Cranford, NJ, dig holes on the beach in Lavallette.


Dead Whale Washes Up At N.J. State Park

A dead humpback whale has washed ashore at Island Beach State Park . It's not yet clear what caused its death.


Asbury Park court swamped by parking tickets

City officials Friday said they will order and post larger signs - perhaps 12 by 18 inches - directing people to the new beachfront pay stations at each intersection, where they can pay for the newly numbered ...


Asbury Park rally blends vintage scooters, music

"We wanna be free to ride. We wanna be free to ride our machines without being hassled by The Man! And we wanna get loaded.


Asbury Park's Ferris wheel returns to Pennsylvania

Asbury Park's Ferris wheel will rise again. It's returning to the Pennsylvania town and foundry where it was built in the 1890s.


Celebrating the Asbury Park Sound

Musicians who helped to shape the Asbury Park Sound who will reunite Friday at the Stone Pony for the "Creators of Soap" concert include Billy Ryan, left, and Patsy Siciliano as they appeared in a December 2006 ...


Asbury Park creates pesticide-free zones for parks

ASBURY PARK - The city is joining other municipalities in making local parks pesticide-free zones, starting with Sunset Park.


Asbury to upgrade bus, rail center: Upgrades planned at Asbury Park bus, train station

City officials soon will begin a number of improvement projects for the Transportation Center to keep transforming the one-time white elephant into a viable venue for travelers and residents.


Anne Albano Marcanthony, 88, of Hidden Meadows, Ocean Township

ANNE ALBANO MARCANTHONY, 88, of Hidden Meadows, OCEAN TOWNSHIP, left this world Sunday, Aug.


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