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Richwood, 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 Richwood, 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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Richwood, New Jersey News
Alba Vineyards wins wine honor

Alba Vineyards is the New Jersey Winery of the Year, according to the Garden State Wine Growers Association.


Area wineries prepare for a Walk in the Vineyard

Wine lovers from all over the state can taste some great local vintages during the Walk in the Vineyard Wine Trail Weekend set for this Saturday, July 12 and Sunday, July 13.


Street smarts lacking in naming of roads

When I was a boy, my family had a summer tradition. We'd pile into a car and leave our rowhome neighborhood for a leisurely drive into the countryside.


Save gas this weekend with local things to do

Would you like to go to the shore this weekend, but worry the gas costs will eat into your pizza budget? Here are 10 ideas for fun weekend outings within about a 25-mile radius. via CourierPostOnline


Kids grown, mother of five finally takes care of herself

"We had kids involved in many activities, and we had McDonald's and pizza regularly. I was a late-night snacker, and I would have a pint of Haagen-Dazs or Ben & Jerry's. That's how I would relax at night and treat myself."

Diane Reuter, 52, a Richwood, N.J., mother of five adult children, knows why she gained weight over the years: She put everyone else's needs above her own. via USA Today


Despite gov's words, treasurer speaks of cutting Agriculture

"I think it's smoke and mirrors"

A day after Gov. Corzine said the state Department of Agriculture likely would not be eliminated in the proposed budget after all, the Senate budget committee on Wednesday also expressed disapproval with the ... via Asbury Park Press


State must do better by injured workers

Posted by Star-Ledger editorial board April 12, 2008 10:30PM New Jersey's nearly 100-year-old workers' compensation system is in desperate need of an overhaul. via The Jersey Journal


Districts in Camco hold line

"Second questions must pass by 60 percent of the vote. If it fails, the borough cannot reinstate it, so it will have to go into the next year's budget"

With increased state aid for most New Jersey districts and changes in the state funding formula resulting in even bigger windfalls for some, several Camden County school districts are able to give ... via CourierPostOnline


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