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Lake Hopatcong, 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 Lake Hopatcong, 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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Lake Hopatcong, New Jersey News
Lk. Hopatcong seawall under repair

ROXBURY -- The state this week started rebuilding a dilapidated seawall at Hopatcong State Park that was fenced off because it posed a health hazard, Roxbury Councilman Richard Zoschak said Tuesday.


George Eddie Bauer Sr.

12/02/2008 01/02/2008 Randolph NJ RANDOLPH -- George Eddie Bauer Sr. died on Sunday, Nov. 30, 2008, at home in Randolph. He was 80. He was a line serviceman for Pfizer in Parsippany for 27 years, retiring in 1991. He was an Army veteran of the Korean conflict. He was a 1947 graduate of Morristown High School. He enjoyed short wave radio, working with his hands, baking and photography. He was predeceased by his wife, Arline (Rhodes) Bauer. He was survived by his son, George Edward Bauer Jr. and wife, Alice of Flanders; daughter, Virginia E. Fisher and husband, James of Randolph; son, James Patrick Bauer of Lake Hopatcong; three grandchildren, Jessica, Ronnie and Robbie; and loving caregiver, Esther Simon. The funeral service is at Presbyterian Church of Morris Plains at 1:30 p.m. Friday. Interment is in Evergreen Cemetery in Morristown. Hours of visitation are from 4 to 7 p.m. Thursday at Doyle Funeral Home, 106 Maple Avenue, Morristown, NJ, 07960. Donations may be made in his memory to Presbyterian Church of Morris Plains, 400 Speedwell Ave., Morris Plains, NJ, 07950.


Making a list, keeping it short

ROCKAWAY TWP. -- Tammy Trinneer let her children know early on that Santa may not be bringing as many goodies this Christmas.


An act of courage, then deadly gunfire

The MBA student, who was to celebrate his 26th birthday with friends today, only knew the distur bance was disrupting the end of services Sunday morning at St.


Disabled but willing worker just needs a ride

Give 21-year-old Steven Kryspin a job to do and he's all over it. For his Eagle Scout project, he raised $1,500 and, with help from his father, built a ramp and planted a garden for the five wheelchair-using ...


Six ideas offered to fund Lake Hopatcong care

MOUNT ARLINGTON -- A local citizens group has proposed six ways the Lake Hopatcong Commission could raise money to care for the state's largest lake.


Jefferson teen admits torching camp sheds

A Jefferson teenager who is a suspect in at least 11 burglaries admitted Friday to causing $17,900 worth of damage to three sheds at the Willow Lake Day Camp by torching them with kerosene in June with a ...


Support for lake picks up

An idea broached this past summer on finding a stable source of money for the Lake Hopatcong Commission has gotten a boost from the No.


Staff, budget shortages cloud Lake Hopat...

The future of New Jersey's largest state-owned lake remains uncertain as the Lake Hopatcong Commission's staff and budget dwindles and with no guaranteed replenishment in sight.


Group: Many ways to pay for Lake Hopatcong's upkeep

MOUNT ARLINGTON - A local citizen's group concerned with Lake Hopatcong's future on Monday proposed six ways the Lake Hopatcong Commission could raise money to care for the state's largest water body without ...


Water users should share burden

To the Editor: Responding to Alice Piatek's Nov. 14 letter -- 'Effort to undo protection horrible,' she ignores the basic problem with the Highlands Act.


Lakes committee will discuss septic ordinance Monday

Residents object to being told how often to have their septic tanks pumped West Milford - The township council is scheduled to adopt an ordinance on Wednesday, Dec.


After Pearl Harbor, 6 brothers heard the call

Growing up during the Depression, the six Santello brothers from Roxbury were always together.


Mr. and Mrs. Robert Milne

Robert and Mary Ann Milne, who had met and once lived in Madison, celebrated their 50th anniversary.


Bucco says state must help fund lake board

State Sen. Anthony Bucco heard cheers on Monday night when he told the Lake Hopatcong Commission and an overflow crowd that he wanted 'Trenton' to hear the screams of lake supporters.


Jefferson woman killed in accident on Route 23

A 26-year-old Jefferson woman was killed Sunday night by a passing silver Pontiac as she walked along state Route 23 near Clinton Road, police said.


DeLoreto-Ferrara

JEFFERSON -- Michael and Lucy DeLoreto of Lake Hopatcong announce the engagement of their daughter Victoria Lynn DeLoreto of Belmar to Charles B. Ferrara III, also of Belmar.


Cabaret to be held in Lake Hopatcong

LAKE HOPATCONG -- Cabaret/Comedy Night and Dinner featuring Rich DeSimone is set for Oct.


Tewksbury police blotter

TEWKSBURY: WARRANT ARREST, 9:50 a.m. Oct. 9: Sgt. Timothy Barlow arrested Alcides Albert Ovelar-Cuenca, 33, of Elizabeth on an outstanding warrant from the North Hunterdon Municipal Court, police said.


Cheers & jeers

CHEER: To plans to renovate and improve the Route 10/53 junction in Parsippany. * * * CHEER: To state Sen.


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