Ringwood, 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 Ringwood, 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
| Ringwood, New Jersey News |
Restraining orders not always enough
Jessica Van Dunk was just 13 when her mother was killed by her abusive ex-boyfriend with three bullets from a 12-gauge shotgun at her West Milford home.
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RINGWOOD - DEP installs MTBE test wells
The state Department of Environmental Protection has commenced a three-week-long installation of monitoring wells to ensure that a chemical leak, suspected to have come from a Skyline Drive gas station in 2004, ...
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Several state park offices now closed on weekends
In an administrative move that the Department of Environmental Protection said will save money on utilities and overtime, most state park offices will be shuttered on weekends.
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RINGWOOD - Alleged burglars caught
Praise is being heaped upon both the public and police for teaming up to net four alleged burglars and pull the plug on an October crime spree in Erskine Lakes.
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RINGWOOD - Curtain rises for needy
The St. Catherine of Bologna Performing Arts Guild in Ringwood presented a $1,500 donation to the Center for Food Action to help the food pantry get through its struggle to with food collection this season.
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MySport: She's a biker mom
How did your family get involved with bike riding? Joe Prebish, a Ride Lieutenant of the BTCnj , was very instrumental in introducing my children and I into this great sport of mountain biking.
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Bear control incidents
Recent bear control work incidents included in the state Division of Fish and Wildlife monthly report, released at the Oct.
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Pipeline worker wins Pine Island Chambera s photo contest
A heavy equipment operator who drove though Pine Island every day to work on a spur of the massive gas pipeline being installed in the region has won the Pine Island Chamber of Commerce post card photo contest.
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Police Sketch Erected For Animal Cruelty Suspect
Oct 21, 2008 5:16 pm US/Eastern Reporting Christine Sloan PATERSON, N.J. It's a first in New Jersey: Police have put out the sketch of a suspect wanted for animal cruelty, and they're making sure just about ...
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Two set for Open showdown
An hour after Shawnee junior David Forward finished behind Northern Burlington's Michael Bowden in the Group 3 race at the South Jersey Open, Forward put the results in perspective.
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'Rested' Bowden captures S.J. Open
Mike Bowden figured the more he trained, the faster he'd get. Turned out the opposite was true.
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Rutgers at Cincinnati
RECORDS: Rutgers is 1-4 overall, 0-1 in the Big East; Cincinnati, playing its Big East opener, is 4-1 overall.
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Corzine's Executive Order Recognizes Native American Tribes
" Gov. Jon S. Corzine on Wednesday, Oct. 1 signed an executive order that adopts 27 recommendations of a report issued by the New Jersey Committee on Native American Community Affairs.
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Cross Country: Olgetree Takes Individual Title at Monmouth Invitational
Senior Cheyenne Olgetree won her second race of the season as the Rutgers women's cross country team finished second overall at the Monmouth Invitational on Friday evening.
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Shinnecock Nation Community Notes
TGPO! We love to see it come, we hate to see it go, but we're relieved, too, because now we get to rest.
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Powwow brings Ramapough Lenape Indians, other nations, together
RINGWOOD STATE PARK - For the scores of people who were gathered at the Ramapough Lenape Indian Nation's 28th annual powwow in New Jersey this afternoon, the event brought a glimpse into the storied past of ...
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Seven Years After 9/11, the Tears Keep Coming
Richard Sadowy, with his granddaughter Kelly, 7, mourned her father, Police Officer Paul Talty, at a ceremony honoring the 2,751 people killed in the World Trade Center attack.
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Cops: Crash begins with a fight, ends with flight
BOONTON TWP. -- A Passaic County motorist who fought with her passenger before crashing her vehicle through a fence on Rockaway Valley Road was charged with driving while intoxicated, police said.
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A farmer in Pine Island is looking for volunteers to help harvest 13 acres. The crops - potatoes and tomatoes, leeks and beets, onions and corn, and dozens more - will go to food banks and other agencies that ...
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RINGWOOD - Report on mines is made public
A long awaited report to determine the impact of abandoned mines on homes in Upper Ringwood has been released.
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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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