Princeton, 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 Princeton, 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.
Return to fha loans in the state of NJ
| Princeton, New Jersey News |
PRINCETON: PRSD, Cranbury officals are cold to consolidation
A state-mandated scheme to completely consolidate the Cranbury Township School District with the Princeton Regional School District may be formulating, but it has garnered little support among either district's ...
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Happy Holidays? Not on the roads
C. Marshall of Princeton The holidays are here. Sadly, they are often stressful times for many of us.
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Police Blotter, Nov. 28
Princeton Borough Joel Bliss, 39, of Pennsauken was arrested for having an outstanding warrant out of Maple Shade for $104 following a motor vehicle stop on Nassau Street at 9:17 a.m. on Nov.
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Police Blotter, Nov. 25
Princeton Township Hilbert Espina-Martinez, 22, of Jonathan Dayton Court, was charged with disorderly conduct, obstructing the administration of law and resisting arrest, following a report of a disorderly ...
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PRINCETON: University tempers spending in light of economic downturn
Princeton University will delay several key construction projects and reduce pay raises to conserve money as it tries to ride out the worst economic downturn in recent history.
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Food, Mood, and ADD
If you have a child who has crankiness, mood issues, can't sit still and learn, poor focus, and this child has an intense preference for junk food, it's almost a sure bet that the junk food is having an effect ...
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COAH/Fair Share Plans Adopted
After more than two months of working on the housing element and fair share plan to address its third-round Council on Affordable Housing obligations, the Planning Board has adopted a plan that would produce up ...
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Princeton's Weekly Community Newspaper since 1946
TROY, UP IN ARMS: The Greek Chorus in a lighter moment during a dress rehearsal for 'Troy: After and Before,' the annual fall show sponsored by Princeton University's Program in Theater and Dance in the Lewis ...
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Princeton U. slows $300M of building plans
Princeton University will cut $300 million from its 10-year capital plan's original commitments in response to the recent economic downturn, according to a report in the Daily Princetonian .
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PRINCETON: Open-space groups say parks could use a boost
Some of Princeton Township's parks need a boost, representatives of citizen groups that have taken responsibility for their upkeep have told the Princeton Environmental Commission.
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A whisper, perhaps, from the universe's dark side
Is this the dark side speaking? A concatenation of puzzling results from an alphabet soup of satellites and experiments has led a growing number of astronomers and physicists to suspect that they are getting ...
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Meltdown 101: Ideas for the next stimulus plan
Economists have plenty on their wish lists for the next economic stimulus package, which President-elect Barack Obama has called a top priority once he takes office.
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Princeton Proposition 8 to protect traditional sidewalk values
From some wonderful students at Princeton:CAMPAIGN TO REMOVE FRESHMEN FROM SIDEWALKS IN SECOND SUCCESSFUL WEEK11/24/08--Princeton, NJA group of students at Princeton University would like to eliminate the right ...
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Princeton U. students, N.J. cadet win Rhodes scholarships
PRINCETON - Three Princeton University students and an Army cadet from New Jersey have been named Rhodes Scholars for 2009.
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Police Blotter, Nov. 21
Princeton Borough Fernando Roman, 42, of Trenton was arrested for having an outstanding warrant out of Jamesburg in the amount of $200 following a motor vehicle stop on Stockton Street at 1:59 p.m. Nov.
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Anti-gay marriage movement has Princeton ties
On the issue of same-sex marriage, Princeton Borough would seem to be a liberal town.
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Let's thank our public health heroes
David Henry, Princeton Regional Health Department Have you ever heard of Dr. Charles Henneken? In 1988, his study on aspirin discovered that daily, small doses of aspirin could reduce men's chances of having a ...
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Fed's Geithner to Be Tapped for Treasury Secretary
Timothy Geithner, the president of the New York Federal Reserve Bank, is expected to be tapped by President-elect Barack Obama to be the next secretary of the Treasury, NBC News and the Wall Street Journal ...
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Beacon staff to relocate to Princeton
On Dec. 4 the staff of The Hillsborough Beacon will relocate to the main offices of The Princeton Packet Inc.
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Two Princeton U. grads get White House j...
President-elect Barack Obama Wednesday selected two Princeton University alumni for his White House staff -- Lisa Brown '82 will serve as staff secretary, while Christopher Lu '88 will serve as cabinet ...
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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
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"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
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