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Lyndhurst, 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 Lyndhurst, 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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Lyndhurst, New Jersey News
Leader Newspapers- Corzine steps up infrastructure improvements

Recently, Gov. Jon S. Corzine and officials with the New Jersey Department of Transportation announced that several infrastructure improvements in the Garden State - part of a larger stimulus plan to jump-start ...


Editorial: Downtowns are downright necessary

Last week, The Leader reported on how local municipalities are stepping up plans to deal with the difficult consequences of the recent economic downturn.


Firm rises as gluten-free foods thrive

The gluten-free market is getting competitive. A growing number of businesses are selling products aimed at celiacs - people who have difficulty digesting gluten, a protein found in wheat, rye and barley.


Wachovia pushes to foreclose property

On Nov. 26, Wachovia Bank filed a motion to dismiss EnCap's bankruptcy case so it can proceed with a pending foreclosure action.


Leader Newspapers- How downtowns deal with economic downturn

With the current economic crisis, corporate giants aren't the only ones in trouble - small local businesses are starting to feel the crunch as well.


Leader Newspapers- Local food pantries in need of donations

On a recent Friday morning at the Rutherford Food Pantry, a group of volunteers stocked metal shelves with cans and boxes.


Leader Newspapers- Corzine plan could save South Bergen millions, temporarily

Speaking at the annual conference of the New Jersey League of Municipalities in Atlantic City, Nov.


Leader Newspapers- EPA moves forward with Passaic River cleanup

The efforts to clean up the lower Passaic River, a waterway that stretches more than 80 miles and borders North Arlington, Lyndhurst, Rutherford and East Rutherford, took a step forward today, Nov.


Leader Newspapers- Local towns receive NJDOT grants

Recently, Gov. Jon S. Corzine announced the awarding of nearly $80 million in New Jersey Department of Transportation grants to several municipalities throughout the Garden State.


Scholarship to Honor 1970 Crash Victim

A Marshall football player killed in the 1970 plane crash is being honored by the university.


A Word A Day -- rollick

To move or act in a playful, carefree manner. [Probably a blend of romp + frolic.] Today's word in Visual Thesaurus: http://visualthesaurus.com/?w1=rollick -Anu Garg "When Olivia Newton-John attends, she'll be ...


Middletown man flown to hospital after crash

An accident shortly after 7 a.m. Tuesday sent a 63-year-old Middletown man to Westchester Medical Center.


Continue reading "Smitty's in Lyndhurst is tested and true to BBQ"

Smitty's Smokehouse & BBQ Joint fills a void for North Jersey barbecue lovers. Owner Andrew Grett displays a Smitty's Family Value platter, while a rack of smoked St.


Stellato and Kryzsiak are married

The wedding of Dorianne Stellato and Joseph Kryzsiak took place on Sunday, Oct. 7, 2007, at Most Sacred Heart of Jesus Church in Wallington, with The Rev.


Leader Newspapers- State comes in to test former Penick/Penco site

Stemming from a local resident's crusade to look deeper into the cancer rate in the township, the New Jersey Department of Health and Senior Services and the Agency for Toxic Substances and Disease Registry ...


Leader Newspapers- Police stay busy on Election Day

Rain Ervin, 18, of Passaic, was arrested Nov. 4 around 1:30 a.m. for burglary, conspiracy to commit burglary, theft and credit card theft.


The Leader's Live Blog

Starting around 3:45 p.m. until all is said and done, from the national to the municipal level, The Leader will be on the scene, reporting the results, the speeches, the frowns, the smiles and all the bubbly ...


Police find $1.6M in hidden car compartment

State Police say three men suspected of running a money laundering operating in northern New Jersey had more than loose change inside their cars.


Money Laundering Arrests Nets $1.6 Million in Hidden Car Compartment

New Jersey State Police Drug Trafficking North Unit detectives, working in conjunction with attorneys from the New Jersey Division of Criminal Justice, arrested three men and seized more than $1.6 million in ...


Area happenings ...

The East Rutherford VFW Memorial Post No. 8374 will hold its next meeting at 7:30 p.m. Thursday, Nov.


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