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Avon By The Sea, 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 Avon By The Sea, 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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Avon By The Sea, New Jersey News
N.J. State Police crack down on watercraft rentals

Nine New Jersey firms that rent personal watercraft are facing fines as part of a State Police crackdown.


Shore's best pork roll?

The biggest thing I have ever seen in my life. I asked the owner how he stayed in business putting so much meat on every single sandwich.


George Patrick Cummings Sr., of Avon

GEORGE PATRICK CUMMINGS SR., of AVON, son of Irish immigrants, grandson of a civil war veteran, loving husband, brother, father and grandfather passed away Wednesday, May 21, after a long illness.


Pringle, Belmar cross Rubicon while beachfront store owners pray for sun

Belmar remained at the eye of the storm, amidst the center of a growing controversy over printed statements attributed to Mayor Kenneth Pringle.


Good band, good friends, good times in Avon

Our friend Laura will soon be off to California in her efforts to help others as a nurse.


Profile of a lifeguard: the benefits and the drawbacks from a self-professed local surf bum

Chris Reilly has lived in Avon has entire life. He grew up with his parents on Woodland Avenue and now lives in an apartment by himself.


Tax-free snow cones anyone?

These enterprising youngsters were a few of the many who surely took advantage of this weekend's incredible weather to make a buck off the throngs of visitors.


Search Continues at NJ Plane Crash Site

Authorities believe they have identified the small plane that crashed near coastal Monmouth County Saturday night.


Several injured in Belmar apartment fire

A fire broke out in a Belmar apartment complex Saturday night, and at least two people were reportedly injured.


Coast Guard ends search, assists local, federal agencies in plane crash

A rescue boat crew from Coast Guard Station Manasquan Inlet, N.J., searches for survivors from a plane crash in Indian River, N.J., Saturday, July 5, 2008.


Marianne K. Burke sales representative

AVON BY THE SEA - Marianne K. Burke, age 38, daughter of the late William Burke, died Thursday at home.


Alfonso Suarez Jr., 87, Colts Neck

Alfonso J. Suarez Jr., 87, of Colts Neck passed away Saturday, June 21, 2008, at Jersey Shore Medical Center, Neptune.


Subscribe Now

The Coast Star has been serving the southern Monmouth County, NJ area since 1877, and is published each Thursday to the communities of Avon-by-the-Sea, Bradley Beach, Brielle, Belmar, Lake Como, Manasquan, ...


Dr. Daniel N. Burbank, 87, of Lakewood

DR. DANIEL N. BURBANK, 87, of LAKEWOOD, formerly of Avon-By-The Sea and Cedar Grove, died Monday, June 2. Dr.


Board of Ed introduces new tuition policy

FARMINGDALE - Looking to increase enrollment, the Board of Education May 28 introduced a new tuition policy it hopes will attract nonresident pupils to the pre-kindergarten through 8th-grade school district.


Vincent L. Colvin

SCOTCH PLAINS -- Vincent L. Colvin of Avon-by-the-Sea died on Monday, June 2, 2008, at Overlook Hospital, in Summit.


In Memoriam

Frank P. Arnone, 89, of Shrewsbury, died May 24 at Riverview Medical Center, Red Bank.


Frank P. Arnone, 89, of Shrewsbury

FRANK P. ARNONE, 89, of SHREWSBURY, died Saturday, May 24, at Riverview Medical Center, Red Bank.


Economy Keeps Jersey Shore Travelers At Bay

It was already a picture-perfect day across the state on Friday afternoon, but despite the sunshine, only a handful of people were scattered along the beaches on the Jersey Shore.


Two men arrested for crime spree

Police here arrested two Neptune City men last Wednesday who they suspect are behind a rash of burglaries throughout Monmouth County. via Star News Group


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