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Ithaca, 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 Ithaca, 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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Ithaca, New York News
Pieces of the Past: Ithaca KKK blamed for 1923 cross burnings

They were called "sheet and pillow case parties," and there were a number held in Tompkins County and in nearby counties throughout the 1920s.


Ithaca water bills: An unfair situation

It is fundamentally unfair for the City of Ithaca to penalize residents for overdue water bills based on wrong readings from outdoor meters.


Ithaca Forward: Caring for a loved one with Alzheimer's

In the month of November, my family celebrates the anniversary of my grandmother's passing.


The Stimulator coming to Rochester and Ithaca

The Stimulator, of Submedia.tv is coming to Rochester and Ithaca. When: Rochester, Tuesday, Dec 2nd 2008 Where: 310 Arnett Blvd.


Bank Run: How Ginko Financial Went Down

A string of bank collapses prompted Alan Greenspan, U.S. economic guru and former head of the Federal Reserve, to admit last month that lending institutions could not always be trusted to regulate themselves.


Ithaca police chief may be appointed by end of month

Ithaca's new police chief could be appointed by the end of the month. At a special Monday, Nov.


BPW says Ithaca residents shouldn't be penalized for under-reported water use

ITHACA - The Board of Public Works members agreed Wednesday that Ithacans who've been sent bills for years worth of under-reported past water use should not be charged any penalties, and one board member ...


Opera-Kissed NYC-Set Musical Tony & The Soprano Returns to Ithaca Nov. 20

The Kitchen Theatre Company in Ithaca, NY, presents an encore presentation of Rachel Lampert and Larry Pressgrove's original musical, Tony & The Soprano , borrowing and building on classic themes from the world ...


City officials retrieve couple's lost parrot

ITHACA - A local couple has been reunited with their pet parrot, thanks to some sharp-eyed, kind Tompkins County Probation Department employees.


Martin Simpson's long-awaited return to Ithaca

From 1989 to 1995, British guitar master Martin Simpson lived in Ithaca. While here, he performed with several top musicians, recorded some stellar albums, gave lots of guitar lessons and generally raised the ...


City employee charged with promoting child sex acts

ITHACA - An Ithaca City employee has been charged with felony sex crimes, the Ithaca Police Department announced Wednesday night.


Ithaca schools donate food to Salvation Army

Two Ithaca area schools will be collecting non-perishable food for the holidays and donating it to The Salvation Army for the holiday food baskets.


Ithaca school district settles in Vastbinder bias case

ITHACA - The Ithaca City School District has reached a settlement in a discrimination case brought against the district by former employee Elizabeth Vastbinder.


Ithaca weighs impact of water options

ITHACA - If the City of Ithaca abandons its water plant on Six Mile Creek to purchase water from Cayuga Lake, it could mean better protection and more recreational opportunities in the Six Mile Creek Natural ...


GrainGenes Web site speeds gene discovery

Even though there's much about wheat that's familiar and ordinary, one feature of this ancient crop - its genetic makeup - remains relatively unknown.


Ithaca dock debate

Ithaca Town Supervisor Herb Engman wants to limit dock size because people might have parties and make noise.


25-year-old pleads guilty in sex case

ITHACA - A former Cornell University student facing first-degree attempted rape and other felony and misdemeanor sex crimes pleaded guilty to lesser charges Friday in Tompkins County Court.


Plan keeps Ithaca on trucks' crossroad

Large trucks may continue to roll through Tompkins County under new state rules being developed on the use of small local roads by long-distance truckers.


Whopper water bills: Faulty meters cited as Ithaca acts to collect old water bills

As the City of Ithaca reconciles accounts after its switch to a new water meter reading system, some unlucky Ithacans are getting bills for years' worth of under-reported water use.


College football: Ithaca-Cortland updates

CORTLAND - A drenching rain is smothering the turf field at Cortland Stadium, where Ithaca College and SUNY Cortland are slated for a noon kickoff in the 50th installment of the Cortaca Jug football rivalry.


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