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Altamont, NY FHA Loans in New York

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 Altamont, NY 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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Altamont, New York News
When it comes to storm drainage, there is strength in numbers

When it comes to storm drainage, there is strength in numbers Posted on: 08/27/08 Dan Sabbatino email: sabbatinod@spotlightnews.com The Guilderland Town Board approved a motion at its Tuesday, Aug.


Seeing Red

Although orchards in some parts of the state took a hit from hail storms this spring, local growers report a bumper crop.


State: County fair restroom workers not paid

The Schaghticoke and Washington County fairs are putting restroom attendants on their own payrolls this month, after fair officials learned that their longtime Pennsylvania contractor wasn't paying them.


Johns Hopkins: Buicko, Harris Named to IWLCA Academic Squad

Rising seniors Jess Buicko and Amelia Harris have been named to the Intercollegiate Women's Lacrosse Coaches Association Academic Honor Roll.


Athos highlights Greek cuisine, culture

Athos highlights Greek cuisine, culture Posted on: 08/19/08 Dan Sabbatino email: sabbatinod@spotlightnews.com An authentic Greek dining and cultural experience has come to 1814 Western Avenue in the form of ...


Racers get thumbs up for going downhill

Racers get thumbs up for going downhill Posted on: 08/07/08 Dan Sabbatino email: sabbatinod@spotlightnews.com Ally Burdgick and Michael Morawski at the top of the hill of the international soap box racing ...


Fears over barge plan

An Altamont businessman wants to use a former brick plant on the Hudson River to recycle construction and demolition debris brought upriver in barges.


Panel reviews potential subdivisions

Spotlight News is news that affects the reader: local events, local taxes, local politics, local schools, local business, friends and neighbors.


Edgefest brings rock fans to Altamont Fairgrounds

The sounds of alternative rock hit the Altamont Fairgrounds this weekend, bringing out all ages.


Edgefest brings rock fans to Altamont Fairgrounds

The sounds of alternative rock hit the Altamont Fairgrounds this weekend, bringing out all ages.


Edgefest brings rock fans to Altamont Fairgrounds

The sounds of alternative rock hit the Altamont Fairgrounds this weekend, bringing out all ages.


Edgefest brings rock fans to Altamont Fairgrounds

The sounds of alternative rock hit the Altamont Fairgrounds this weekend, bringing out all ages.


Edgefest brings rock fans to Altamont Fairgrounds

The sounds of alternative rock hit the Altamont Fairgrounds this weekend, bringing out all ages.


Edgefest brings rock fans to Altamont Fairgrounds

The sounds of alternative rock hit the Altamont Fairgrounds this weekend, bringing out all ages.


Edgefest brings rock fans to Altamont Fairgrounds

The sounds of alternative rock hit the Altamont Fairgrounds this weekend, bringing out all ages.


Edgefest brings rock fans to Altamont Fairgrounds

The sounds of alternative rock hit the Altamont Fairgrounds this weekend, bringing out all ages.


Final two local players lose in state golf event

The drought continues for Capital Region players in the New York State Golf Association Men's Amateur championship.


Heavy Traffic expected for CountryFest

Altamont Fairgrounds will be hosting CountryFest 2008, on Saturday, July 12, from 6 a.m. to 9 p.m. The New York State Department of Transportation said 25,000 attendees are expected.


SEFCU

SEFCU, the largest credit union in the Albany, N.Y. area, has opened a branch on the campus of the state University at Albany.


Board hears nutrition, radon issues

Board hears nutrition, radon issues Posted on: 07/07/08 Dan Sabbatino email: sabbatinod@spotlightnews.com Guilderland school children's health and safety were among the key issues discussed at the Guilderland ...


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