Somerset, 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 Somerset, 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
| Somerset, New Jersey News |
Candle-lighting ceremony Monday at Adult Day Center of Somerset...
The Adult Day Center of Somerset County will hold a candle-lighting ceremony on Monday, Nov.
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Somerset's Will Downing battles his way back to the stage after devastating diagnosis
Will Downing is walking - a year ago he was confined to a wheelchair. Will Downing is singing - a year ago he couldn't feed himself.
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Somerset County continues Lung Cancer Awareness campaign
SOMERVILLE - The Somerset County Board of Freeholders today joined the Somerset County Cancer Coalition, or SCCC, Somerset Council on Alcoholism and Drug Dependency, or SCADD, and Somerset Medical Center and in ...
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In Somerset, support for the needy
For agencies assisting the hungry, displaced and poor in Somerset County, the times are always hard.
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Schools closing due to water main break affecting Somerset and Middlesex counties
A 60-inch water main broke Tuesday morning on Weston Canal Road, affecting several towns in Somerset and Middlesex Counties.
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Franklin, Somerset, police blotter
FRANKLIN : AGGRAVATED ASSAULT, 1:47 a.m. Nov. 8. Francisco Cayes, 37, has been charged with aggravated assault in connection with a incident Nov.
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Somerset continues to count its ballots
As the count of thousands of provisional ballots in Somerset County from the Nov.
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Boil Order In Effect for 18 N.J. Towns
Residents of 18 communities in central New Jersey are being advised to boil water after a 60-inch water main broke in Franklin Township.
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Lauren Curtis always knew art would be a part of her life
Lauren Curtis is one of those people who can find beauty in the simplest things.
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Residents in 3 counties under boil water advisory after main breaks in Franklin Twp.
A 60-inch water main break today in Franklin Township has had a ripple effect on 100,000 customers in Somerset, Middlesex and Union counties as well as Rutgers University, prompting officials to close schools ...
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The Dutch feast of Sinterklaas held in Somerset
FRANKLIN: The Meadows Foundation will be celebrating the Dutch feast of Sinterklaas on Sunday, Dec.
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Asbury to pay $700G for 50 lots
The city and the company of the late power broker Philip Konvitz have reached a court agreement for Asbury Park to pay $700,000 to get back 50 vacant Springwood Avenue lots on which Konvitz failed to build on ...
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GOP retains its home-field advantage in Somerset
By the time the Barack Obama wave washed over Somerset County on Tuesday night, it seemed more like a passing storm than a devastating tsunami.
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Turkey Trot planned in Franklin, Somerset
Barring a fall blizzard, the Somerset County Park Commission's 13th annual 5K Turkey Trot will take place at 9:30 a.m. Saturday, Nov.
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North Plainfield police blotter
NORTH PLAINFIELD: WARRANT ARREST, 10:43 a.m. Nov. 3: Police said they arrested Miguel H. Sagardia, 45, of Perth Amboy on a $500 warrant from Perth Amboy during a traffic stop in the area of West End and Willow ...
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Somerset puts final counting on hold
With the outcomes of several municipal races still undecided, Somerset County officials have decided to sort through all remaining provisional ballots in the county before resuming the count later this week.
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Franklin, Somerset, council set to introduce $60M budget
The Township Council is set to introduce the 2009 municipal budget at its meeting Monday night.
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A Small MangaNext Con Grows in Somerset, N.J.
This story originally appeared in PW Comics Week on November 4, 2008 Sign up now! by Erin Finnegan -- Publishers Weekly, 11/3/2008 11:34:00 AM "I used to want to be a manga-ka growing up," said Mari Morimoto, ...
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Franklin, Somerset, woman touts work of local Kiwanis club
Marie Thompson keeps herself very busy with volunteer work. "Since I retired, I've been even busier than when I was working," said the Franklin resident.
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SJP Properties Announces Availability of Free Standing Structure in Somerset Cou
Located along the highly desirable I-78 corridor in Somerset County, the property also has the potential to accommodate a 36,000 square foot expansion, allowing for a total of 98,000 square feet of Class A ...
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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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"...I was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.
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