Somerset Mortgage Lenders 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

Atlantic Beach, 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 Atlantic Beach, 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.

Return to fha loans in the state of NY

Bad Credit? click here.

Call for COMPLETE details NOW!

(800) 675-9783

Atlantic Beach, New York News
Culhane's offers authentic Irish music

When you think of authentic foot-tapping Irish music, the Beaches do not typically come to mind.


ABET will present its own 'Extravaganza'

The Atlantic Beach Experimental Theatre's board and guild members are hoping to fill the community theater's seats during its 17th year, so they'll be unveiling new chairs during the season kickoff event to ...


Allen's Acres developer makes another pitch

A developer who plans to build a 24-unit condominium complex on the site of the Allen's Acres motel in Hampton Bays had a closed-door meeting last week with members of the Hampton Bays Civic Association's board ...


D'Amato pulls plan to build condos in Atlantic Beach

Former U.S. Sen. Alfonse D'Amato, faced with community opposition and the probability of having to drastically alter development plans, has withdrawn his application to build 100 luxury condos on the site of ...


Officials: LI Beach Club Employees Have Mumps

The Nassau County Department of Health is advising the public and health care professionals about three cases of mumps diagnosed in college students from Ireland who are employees at two beach clubs in Atlantic ...


Flood zone may sink condo plan

Former Sen. Alfonse D'Amato's plans to replace the Sands at Atlantic Beach catering facility with 100 luxury condos could be a wash.


New flood zone maps may snag D'Amato condo project

Former Sen. Alfonse D'Amato's plans to replace the Sands at Atlantic Beach catering facility with 100 luxury condos could be a wash.


Atlantic Beach Reef for fluke

Where you should go : The Atlantic Beach Reef produced lots of big fluke yesterday, and is worth a shot if you're willing to observe New York's 20 1/2-inch limit.


Rockaways rocked by shoppers' flight to L.I.

With no big stores nearby, Rockaway Park resident Sharon Gabriel often shops at the Burnside Plaza in Inwood, L.I. Sharon Gabriel lives in Rockaway Park near the Waldbaum's and Key Food supermarkets.


FEMA flood maps may force more insurance purchases

New flood maps for Nassau County could force thousands of previously exempt South Shore property owners to buy flood insurance and, in some cases, adhere to more rigorous building standards.


Long Beach plans to take lot by eminent domain

Hildegard and George Miller were well known and liked in their neighborhood over the nearly four decades they operated the West End Service Station at 1055 W. Beech St.


AB meet's bickering ends with collapse

After a procedural tug-of-war over control of their Town Council agenda, Atlantic Beach's Town Council members gave up on their Monday night meeting altogether, and residents and property owners responded by ...


R.I.P. -- Jordan Wright

The New York Times reports: Jordan M. Wright, who at 10 was thrilled to learn that politicians hand out self-promotional baubles, then collected more than a million bumper stickers and other campaign artifacts ...


Ex-firefighter receives honor for fundraising

Firefighters on Wednesday watch landing jets seemingly skim the top of a tower at Springmaid Beach Resorts during the FDNY 9-11 Memorial Golf Outing at the tournament's closing event PHOTOS: FDNY golf outing A ...


AB's limits on building set to expire

"The whole master plan was nothing but a stall tactic."

A law that all but halted any building for nearly two years - leaving vacant both highwayside and beachfront lots - will expire soon, reopening Atlantic Beach to commercial activity. via Myrtle Beach Online


AB slims down Bikefest

"I don't know how the judge got that ruling"

Town Council plans for family-friendly activities and local live entertainment By Robert Morris - rmorris@thesunnews.com Randall Hill/rhill@thesunnews.com Atlantic Beach town council member Retha Pierce walks ... via Myrtle Beach Online


Teens try to sell GPS system to man they just robbed it from, police say

Shortly after stealing a GPS system from a Lawrence man's car Friday, three teenagers tried to sell the device to a prospective buyer who turned out to be the man they had just robbed, police said. via Newsday.com


Pension probe goes statewide

"In many instances, these were not simple misunderstandings but repeated acts of fraud."

New York State Attorney General Andrew Cuomo said Thursday that his office has found more than 90 attorneys around the state, including 20 on Long Island , who may have improperly been given credit for state ... via Newsday.com


Feral cats, endangered birds each have defenders

"It's a very sensitive issue; it's a nationwide problem"

Every spring, as birds flock back to Long Island in droves, Eileen Schwinn wonders whether this will be the season the cats get the last remaining pair of piping plover at Mount Sinai's Cedar Beach. via Newsday.com


Real Estate Auction Comes To Newport

"If we can get everyone to understand the concept and see how this method works, we would like to make this a quarterly event"

The real challenge for any real estate agent is getting buyers and sellers together. via Turnto10.com


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.
 
"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
© 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)