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Peapack, 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 Peapack, 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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Peapack, New Jersey News
Roger V. Haskell

27, 2008, at the Center for Hope Hospice in Scotch Plains. He was 68. Born in Stamford, Conn., he lived in Gladstone for 60 years.


Hundreds gather for fox hunt in Peapack-...

Hundreds gathered today in Somerset County for the Essex Fox Hounds Hunt, an annual Thanksgiving tradition for generations of New Jersey equestrians.


High school students participate in coat drive

Three Bernards High School juniors, Scott Witwer, Kelsey Limongello and Pat Fry, are coordinating the sixth annual Somerset County United Way 'Wrapped in Love' Coat Drive in the Somerset Hills area.


Tidying up dingy houses is business in Bridgewater

A woman who loves to clean made it her business to tidy up other homes and businesses.


Enabled to create from within

For the people with severe disabilities at Matheny Medical and Educational Center in Peapack who will show off their creativity in the annual Full Circle show tomorrow, the time spent preparing over many months ...


Ex-Somerville lawyer jailed, facing multiple charges in three towns

A former Somerville attorney who is a well-known figure in the Central Jersey legal community is facing more than a dozen charges in three towns and was jailed recently on violating a restraining order, ...


Is the country absolutely mad?

To the Editor: The police nationwide are out of control. But luckily, they are being caught on surveillance cameras and cell phone cameras.


Veterans Day Library Closings

The following branches of the Somerset County Library System will be closed in observation of Veterans Day, Tues., November 11; Bound Brook Library, Hillsborough Library, Mary Jacobs Library, North Plainfield ...


Still Schnippers after all these years

Business name: Schnippers Hallmark card and gift center Type of business: card and gift shop Owner: Monica Abedrabbo Address: 47-49 Main St., Madison Phone: 377-6543 Hours of operation: 9 a.m. to 7 p.m. ...


Green Community Festival teaches by example

The organizers of the second annual Green Community Festival said "going green" and improving the environment through consumer-buying habits are ideas whose time has come.


counties receive $1M grant for bridge projects

The state Department of Transportation announced Monday that each of the state's 21 counties will received a $1 million grant for bridge projects.


this weeks daytime news roundup + blind items

Newcomer Heather McKenzie, steps in as Di, the role Kelli Giddish made critics swoon over from Nov.


Ethna (Cooper) Duff

NJ BRANCHBURG TWP. -- Ethna Duff died at home on Saturday, Oct. 18, 2008, after a courageous three-year battle with cancer.


For 88th time, horses to gather for a good cause in Somerset

News videos Entertainment videos HS sports videos Sports videos WATCH ALL STAR-LEDGER VIDEOS >> YOUR PHOTOS Latest user-submitted photos: UPLOAD HERE >> SEE MORE PHOTOS >> YOUR VIDEOS Share the videos you've ...


Somerset County grand jury indicts Bridgewater man in connection with bank robbery

5 robbery of the Peapack-Gladstone Bank branch on East Main Street. John R. Bjugstad Jr., 28, of the Martinsville section, has been charged by a Somerset County Grand Jury with robbery and making terroristic ...


Flu clinics offered in Morris area

The following are among the flu clinics being offered in the Morris County area in the coming weeks: BERNARDS, CHESTER, PEAPACK-gladstone -- sponsored by the Bernards Township Health Department for residents ...


MCWTW: Calendar of Events

Flu Vaccinations Offered -- The Bernards Township Health Department will offer flu vaccinations on the following dates: Oct.


Neighbors question expansion plans for Matheny Medical and Educational Center

The Matheny Medical and Educational Center has been at its location in the Peapack section since 1954, and center leaders say demand for its extremely specialized services, along with the need to update, is the ...


Watching the Debate 10/2

AM_palinC: From left, Thomas Diemar of Bernardsville, Kate Whitman of Peapack, and Somerset County Freeholder Rick Fontana talk with each other during a debate watching event that was held by The Somerset ...


Heartbeats: Clinton parents make difficult decision about disabled son's future

The toughest moment for parents of a disabled child is realizing their child might be better off living away from home.


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