Somerset Investors Corp. Mortgage Refinance, Reverse Mortage, Home Loan
  Reverse Mortgage Divorce Buyouts Debt Consolidation Home Improvement Purchase Refinance
Search Somerset:
Print this page    E-mail this page

Rockaway, 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 Rockaway, 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

Bad Credit? click here.

Call for COMPLETE details NOW!

(800) 675-9783

Rockaway, New Jersey News
Election Night results stand after 2 Morris recounts

Frontrunners maintained their leads by razor-thin margins after votes were recounted in two council races in Rockaway Township and Madison.


Parks closing for deer culling

Several Morris County parks will be closed for periods of time over the next few months while the Park Commission conducts a controlled deer hunt.


Disabled but willing worker just needs a ride

Give 21-year-old Steven Kryspin a job to do and he's all over it. For his Eagle Scout project, he raised $1,500 and, with help from his father, built a ramp and planted a garden for the five wheelchair-using ...


Driver dies in Route 80 exit ramp accident

An unidentified driver died tonight when his vehicle rolled over in Rockaway Township, State Police said.


Prosecutor: Don't believe everything you read

ROCKAWAY TWP. -- Morris County Prosecutor Robert Bianchi said Sunday that an e-mail alleging assaults at the Rockaway Townsquare mall was a hoax.


Renovations at Rockaway Townsquare soften mood

ROCKAWAY TWP. -- Despite grim economic conditions, mall general manager Michael Hauser is confident the Rockaway Townsquare mall will fare well this holiday shopping season.


Wheelchair-bound man found dead in church

Morris County authorities are treating the death of a wheelchair-bound man found in a church as suspicious.


Man found in Rockaway church is identified

Authorities have identified the deceased man who was found Thursday morning in a meeting room of the United Methodist Church in Rockaway as William Bell, 41, a Maple Avenue resident.


Man's body found in N.J. church

Morris County authorities are treating the death of a wheelchair-bound man found in a church as suspicious.


Body discovered in Rockaway church

ROCKAWAY -- Authorities are investigating the death of a man who was found in a church today several hours after his mother reported him missing, the Morris County Prosecutor's Office said in a press release.


Recounts planned in Madison, Rockaway Twp.

A recount of absentee and provisional ballots in two extremely close council races has been scheduled, the Morris County Clerk's Office said Wednesday.


Woman, 92, hurt in fire allegedly set by granddaughter dies

A 92-year-old woman who was injured in an Oct. 20 house fire that authorities say was set by her granddaughter has died.


Rockaway Twp. sex offender gets parole for life

A judge took the unusual step today of going against a 10-year prison recommendation for an admitted sex offender and sentenced the 20-year-old to "parole supervision for life" and intensive treatment at a ...


Rockaway Twp. speaker to talk about coping

ROCKAWAY TWP. -- The Jewish Seniors Program at White Meadow Temple will hold its next meeting on Wednesday.


Officials told not to discuss bribery case due to probe

HANOVER -- Township elected officials and municipal employees were instructed this week to refrain from talking to the press about the attempted bribery of Mayor Ronald Francioli.


Man offered mayor $20,000 bribe

A 68-year-old Blairstown man with property in the township was charged Monday with offering a $20,000 bribe to Mayor Ron Francioli seeking the mayor's influence over the township's zoning board to approve his ...


What a relief: Mayor refusing a bribe

It's big news everywhere, but especially in corruption-prone New Jersey when a mayor turns down a bribe.


Hanover mayor: 'Devastated' man tried to bribe me

A failed convenience store deal had swallowed his life savings and he saw a last-chance solution.


Democrats join Republicans on Rockaway's council

In Rockaway Borough, two new faces will join the municipal council. Thomas Mulligan, a Republican who earned 1,325 votes, and Scott Hiler, a Democrat who received 1,312 votes, each won a three-year term by ...


Man caught trying to bribe Hanover mayor

A 68-year-old Blairstown man was caught yesterday trying to give Hanover's mayor a $20,000 bribe to get a zoning change approval on property he owns in the township, authorities announced today.


Save time with our easy online mortgage application.
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
 
"Every other company said they could not help us. After speaking to about five companies, we really believed that no one could. Then we called Somerset, and your company proved us and those other companies wrong. We can't thank you enough for all your hard work and effort in getting us a low fixed rate. We can now breathe easier..." - L. Braun
© 2006 Somerset Investors Corp. All rights reserved.
home | about us | Mortgage Blog | contact us | privacy policy | state licensing | search | links | link to us | site map
mortgage calculators | refinance | purchase | fha | reverse mortgage | divorce buyout | debt consolidation
Eqaul Housing Lender Member of the Better Business Bureau (BBB) Member of the National Reverse Mortgage Lenders Association (NRMLA)