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Highland Mills, 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 Mills, 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

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Highland Mills, New York News
Autism organization holds fundraising breakfast in Highland Mills

A new group looking to expand programs in Orange County for young people with autism will hold a fundraising breakfast at St.


Autism organization holds fundraising breakfast in Highland Mills

A new group looking to expand programs in Orange County for young people with autism will hold a fundraising breakfast at St.


Food pantries cope with economic downturn

Area food pantries are being stretched to their limits, with even greater numbers of people seeking help.


Insights and Outbursts: Companions on a journey into spirituality

As I count my blessings this month, I am grateful for the people I've met throughout my life, especially those who reflect the wisdom of their spirituality while helping me appreciate my own.


CROP Walk raises $8,000

The 5K event, held last Sunday in Monroe around its two ponds, raised about $8,000 - equal to last year's amount.


Breast cancer walk raises $820,000 and counting

The Woodbury Common Premium Outlets in Central Valley was transformed into a pinkish sea of people last Sunday morning, who were there to raise money for breast cancer research, to celebrate breast cancer ...


Orange County dealerships lose battle with economy

Over the years, Ed Bachorik of Highland Mills has purchased more cars from Monroe Ford than he can count.


Best bets for weekend fun

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Patterson, Spillane, Crane among those who lived in Orange County

"Are you kidding? James Patterson? Whoopi Goldberg? Emily Post? Mickey Spillane? Hunter S. Thompson? They all lived in Orange County?" Those words were repeated dozens of times as the Orange County Citizens ...


Famed sire's home threatened

Should trotter's tottering barn be preserved? Loading... Historic site or local blight? This barn is one of two on land once owned by the owner of the famous trotting stud Hambletonian.


In housing market, it's time to 'buy low'

Having spent the better part of the last 20 years building hundreds of homes and condominiums in Orange County, I can tell you with certainty based on experience and both historical and current data that if you ...


Tropical Storm Hanna causes no widespread outages in region

Utility companies worked through Sunday to repair power lines damaged by Tropical Storm Hanna.


Highland Mills neighborhood celebrates its diversity with international block party

A very small version of the United Nations lives on Bennington Drive and Princeton Drive in the Highland Lakes Estates and they are keen on celebrating their diversity.


Buses a 'driving force' in school district operations - Schools open Wednesday, Sept. 3

When Monroe-Woodbury High School students received their bus schedules earlier this week, there were probably some groans when they were reminded what their pick-up times would be.


Roseboom displays antiques

ROSEBOOM "" There was a record amount of farm equipment on display this weekend at the 10th annual Roseboom Antique Power Days, an official said.


Contracting firm Verticon announces promotions

Martin Feldberg, Joe D'Angelico, Shari Palermo and Steve Hritz have been promoted at the general contracting firm Verticon.


Sunday's Best Bets

Lithographers are very particular about their stones, colors and inks. While most people have heard of Currier & Ives, not everyone knows the fine art of map prints and engravings that made mass production of ...


City Room: Five Years After the Blackout

The blackout of 2003 left many passengers stranded, including those at the main terminal in LaGuardia Airport.


In the Spirit: Women pampered at Chabad 'spa day'

Women chatted, sipped freshly made vegetable juice from plastic cups and glanced over their schedules in the hallways of the historic Rushmore Estate.


Oil business full of 'scary stuff'

The weather's warm, and winter is the last thing on many people's minds. But fuel dealers say this year's heating oil prices will have consumers in a sweat.


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