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Highland Falls, 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 Highland Falls, 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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Highland Falls, New York News
Machine failures, long lines disrupt Orange, Pike voting

Voters throughout the Hudson Valley were reporting long lines as residents rushed to cast their ballots before work this morning.


Burning medical records results in fire in chimney

Old medical records burning in a fireplace of a vacant building led to a chimney fire Friday afternoon, firefighters said.


Central Hudson insists gas leaks in Highland Falls not safety concern

Emergency crews in Highland Falls responded to three natural gas leaks on Thursday, bringing the total number of reported gas leaks in this tiny village to at least eight since June.


Family OK after boat overturns on Hudson

A father and his two daughters were uninjured yesterday after a huge wave caused by a passing cruise ship caused their motorboat to capsize on the Hudson River in the area of Con Hook, the Rockland County ...


2 school districts must give back nearly $1M each to state

And if it gives too much, the state taketh away. Some Hudson Valley school districts are reeling from serious accounting errors committed by the department of education.


Best bets for weekend fun

Who needs a rain date for pie? Tables at the Jennie Bell Pie Festival will likely strain under the weight of prize-contending pies Saturday at Kelder's Farm on Route 209 in Kerhonkson.


America Legion recruiting veterans in Highland Falls

The American Legion is campaigning for new members in the Village of Highland Falls this week.


ABCs of Gardening: Dealing with the Indian meal moth and the boxelder bug

Q. I found some moths in my pantry; they were in my flour and oat bran. I am wondering what they are and where they came from.


Committee votes 5-2 to purchase cameras for guns

The Orange County Sheriff's Office came a step closer to getting gun-mounted video cameras for its SWAT team on Thursday after surviving another debate over the political taint surrounding the equipment ...


Teacher to address next SPARC meeting in New Windsor

Environmental science teacher and parent Mike Mallon will be the speaker at the Stewart Park and Reserve Coalition's next open meeting at 7:30 p.m. Sept.


Man identified in fatal Sunday crash

What are you looking for? Smith Clove Convenience & Deli "Smith Clove Deli is a great little deli.


Exchanging cultures, making friends

Jimmy and Stella Bailey are sampling their Asian lunch and raving about their new friends - several hundred senior citizens from Chinatown in Manhattan.


Highlands opts to keep its part-time police force

Town officials turned down a policing proposal from the neighboring Village of Highland Falls this week, opting to end negotiations and keep their own part-time police force instead.


Audit shows where school district falls short

The Highland Falls-Fort Montgomery school district hired 27 employees and four contractors who were in direct contact with students without first obtaining fingerprint-supported background checks, according to ...


Two school districts scrutinized by state

ALBANY An audit of the Highland Falls-Fort Montgomery Central School District by the state comptroller's office has found that the district's internal controls over its personnel processes need to be improved.


Annual ceremony honors original Buffalo Soldiers

A teenage Sanders Matthews Jr. had never seen anything like that fancy bus that rolled into his hometown of Coatsville, Pa., in 1936.


Highland Falls police search for driver in hit and run of little girl

A five-year-old girl was hit by a car in the Village of Highland Falls at approximately 8:35 p.m. Sunday.


Wayne's World: Majestic eagles soaring back to Orange County

For the first time in 118 years, bald eagles are nesting in Orange County. That's just terrific eagle news.


'American Idol' Expert Jim Cantiello Auditions For The Show -- Check Out His (Almost) Live Blog

Welcome to the MTV News Blog, where you'll get a sneak peek at what happens in our newsroom on a daily basis.


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Army Sgt. 1st Class Jesse Prater and his mother Marisa McGregor pose with Bob Martell, left, vice commander of American Legion Post 488, and Frank "Uncle Buck" Pilegi and Erwin "Benzee" Benz of WTBQ in Warwick ...


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