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Bloomingdale, 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 Bloomingdale, 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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Bloomingdale, New Jersey News
BLOOMINGDALE - Former Clerk Mildred Bird remembered fondly

Retired Borough Clerk Mildred Bird wore many hats in this borough and she wore them well.


BLOOMINGDALE - Another resignation hits school board

After not receiving a resignation in three months, the school board once again finds itself in the position of needing to fill a vacant board seat.


Accused gang members rounded up in Morris

Thirty-two alleged gang members and associates were arrested the Butler and Bloomingdale by U.S. Immigration and Customs Enforcement agents and local police.


Immigration officials arrest 33 in Butler and Bloomingdale

Agents with U.S. Immigration and Customs Enforcement, which has been stepping up efforts to round up and deport undocumented immigrants, arrested 33 people in Butler and Bloomingdale, including 12 people ICE ...


BUTLER - 32 suspected gang members netted in raid

Thirty-two suspected gang members and associates, six of whom authorities said have violent criminal records, were arrested early Tuesday morning in Butler and Bloomingdale in a multi-agency operation, ...


RIVERDALE - Intersection requires more work to make safer turns

In order to make the intersection of Mathews Avenue and Hamburg Turnpike safer, the borough may have to go back to the drawing board.


BLOOMINGDALE - Provisional ballots could decide second winner

With a handful of votes separating candidates for the two available Borough Council seats, candidates and the electorate will be kept on the edge of their seats until the Passaic County Office of the ...


BLOOMINGDALE - Neighbors concerned about bands at local bar

After listening to the concerns voiced by police and neighbors, the Borough Council issued a conditional trial entertainment license to the D.T.'s Stumble Inn.


BLOOMINGDALE - Huntley re-elected, second seat too close to call

Though it looks like voters might have stemmed the tide and elected two Republican Borough Council candidates, absentee ballots could change that.


N.J. Department's 'Grenade' Tames Flames

Flames were shooting from a Pompton Lakes home Wednesday when a firefighter tossed a 10-pound canister into heavy flames on the second floor.


BLOOMINGDALE - Council candidate profiles

With the multitude of campaign signs ranging from traditional to jumbo size, one would have to be in the midst of a Rip Van Winkle-like snooze not to know a local council election will take place on Nov.


BLOOMINGDALE - Council passes emergency resolution for wiring

The Borough Council authorized an emergency resolution that funded the replacement of an antiquated mishmash of electrical and phone wiring that could have compromised the monitoring of the Star Lake water ...


BLOOMINGDALE - Police thwart burglary in process

Borough police officers say they caught a Montville man red-handed allegedly attempting to steal from a home on Elizabeth Street.


Baking dog biscuits a recipe for fun in Pequannock

PEQUANNOCK -- The visits from Brook, Maci, Tia and Zoe are frequent and a certain day of the week brings one of the tail-wagging quartet to a small group of residents at the Cedar Crest senior complex.


RIVERDALE - Fire Department Pizza Fest on Oct. 11

The Riverdale Fire Department Pizza Fest will be held on Oct. 11, 2008 between 11 a.m. and 2 p.m. at the firehouse.


PEQUANNOCK - Administration's use of taxpayer cars reviewed

As economic times continue to harden and the price of gas remains high, the Township Council is looking to set a precedent by forming a vehicle policy to dictate acceptable uses for municipality-owned cars and ...


RIVERDALE - Railway corp. to improve safety on Hamburg Tpke.

Railway corp. to improve safety on Hamburg Tpke. RIVERDALE - Safety upgrades to the Hamburg Turnpike railroad crossing where a freight train hit a Pontiac in January have become a "high priority" for the state.


N.J. may often go blue, but it gets the red out to help McCain

ST. PAUL, Minn. -- Despite New Jersey's recent record as a strongly Democratic state, Sen.


Butler Rotary Club Donates Innovative FIT-5 Fire Knockdown Device to...

Top city officials from Bloomingdale, Butler and Kinnelon volunteer fire departments gathered on August 25, at the Bloomingdale Fire Department where The Butler Rotary Club presented their donation of FIT-5s to ...


KINNELON - Boro sharing services with Bloomingdale

In keeping with the state of New Jersey's push for towns to pool services, the borough has contracted with Bloomingdale for construction code/ building inspection services.


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