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North Norwich, 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 North Norwich, 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
| North Norwich, New York News |
Chenango County board chairman escapes house fire
A fire early Saturday drove Richard B. Decker and his wife Janet from their home at 183 Brookins Road, North Norwich.
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District finalizes school tax rates
The Norwich City School District Board of Education approved Tuesday morning a district-wide tax levy of $10.9 million, an amount that will mean a reduction in the 2008-09 school taxes for residents of seven ...
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Norwich Pharmaceuticals
The formation of a new company to produce generic pharmaceuticals, could lead to more jobs at a Chenango County manufacturer.
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One killed, one injured in weekend crash
State police in Norwich are investigating a one-car accident Saturday that killed a 20-year-old motorist and seriously injured his 17-year-old passenger, both residents of Chenango County.
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Norwich Pharmaceuticals poised for growth
NORTH NORWICH Norwich Pharmaceuticals said it has a new sister company named Alvogen that will foster local business growth and strengthen and diversify overall business.
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Pets available
Males: Lab/pit bull/boxer mix, brown, 4 months; shepherd/husky mix, black/white, 6 years; rat terrier, white/brown, 1 year; shepherd/husky mix, black/brown, 2 1/2 years; Lab mix, tan 3 years.
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Pets available
Males: Shepherd/husky mix, black/white, 6 years; rat terrier, white/brown, 1 year; shepherd mix, black, 2 years; Lab mix, tan 3 years.
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Fatal crash in Chenango County
A Chenango County man is dead following a crash in North Norwich. Deputies said David Urban, 46, of Norwich was driving on State Route 12 near Bryant Road Thursday afternoon when he apparently suffered a ... via News 10 Now
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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
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"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
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