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Point Pleasant Beach, 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 Point Pleasant Beach, 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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Point Pleasant Beach, New Jersey News
LYLE-LOCKENMEYER

Mr. and Mrs. Paul Struncius, here, and Matthew Lockenmeyer, Manasquan, have announced the engagement of their daughter Sarah Jane Lockenmeyer to Gerard Lyle II, son of Mr.


Police make arrest in Point Beach hit-n-run

Police have arrested a suspect in the hit-and-run accident Wednesday that has left a 20-year-old woman with critical injuries, authorities said.


Woman in critical condition after hit-run accident

A Point Pleasant Beach woman was hospitalized in critical condition Wednesday night after she was struck in a crosswalk by a hit and run driver, police said.


Down payment for beachfront

The recent decision by Point Pleasant Beach officials to buy Risden's South Beach Pavilion and a strategically located parking lot takes the borough a step closer to giving its residents and 2 million ...


Voice of the People for Nov. 20, 2008

Howard Beach : How dare the Post Office remove stamp machines and force people to wait on ridiculously long lines.


Wedding band gets mixed up with food donations

A good Samaritan who donated canned goods to a Jersey Shore charity may have been a little too good.


a Generous Heart's Lost Ring

In the 56 years John Griggs has been married, he's broken his wed ding ring and had his high school ring stolen.


names contest winners

Over 2,290 votes were cast in Star News Group's first Spooktacular Halloween Photo Contest, and the winners were clear.


Point Beach acquires space along inlet

POINT PLEASANT BEACH - An abandoned building at 29 Inlet Drive recently was demolished to increase the size of the borough fishing area along the Manasquan Inlet.


Search planned for Belmar Marina deck hand

A Woodbridge man who works as a deck hand at the Belmar Marina is the subject of a missing persons search, and State Police were planning to use sonar to look for him Thursday morning, said State Police Sgt.


Prime time for hickory shad

Light tackle anglers have plenty of opportunity for action this weekend with the return of hickory shad to the Manasquan River.


Pantry issues call for help

The holiday season has come again, this year with an increasing number of locals in need due to the struggling economy.


Fire in vacant home under investigation

The cause of a structure fire reported at 2:50 p.m. today in a vacant home at 1603 Lake Avenue is being investigated, said Chief Daniel DePolo.


Readers to decide photo contest winners

Casey, the Soft Coated Wheaten Terrier owned by the Holick family of Lavallette, is just one of the entrants hoping to win the grand prize in Star News Group's first Spooktacular Halloween Photo Contest.


Planting lines in the sand

A group of about 30 residents gathered Sunday morning to restore the dune area of Maryland Avenue beach by planting grass and replacing wooden fencing.


Good bottom fishing still to be had

The fear among some bottom fishermen there would be little to fish for until the liberal blackfish season opened has proven to be groundless.


Teacher earns award, but truly values students' thanks

POINT PLEASANT BEACH - From a young age, Karen Deacon knew she wanted to become a school teacher.


Coast Guard, good Samaritan rescue boaters

LONG BRANCH - The Coast Guard got help from a good Samaritan in rescuing five people who were aboard a boat that began taking on water about a mile off Long Branch, authorities said.


Environmentalist Cousteau speaks at Georgian Court

Georgian Court University kicked off its annual Earth Awareness Week with keynote speaker Alexandra Cousteau on Sunday.


Fashion show, gift auction scheduled

POINT PLEASANT BEACH: The borough Women's Club will hold a fashion show and mini gift auction Wednesday.


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