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Sag Harbor, 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 Sag Harbor, 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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Sag Harbor, New York News
Two Marines posthumously awarded Navy Cross

Two U.S. Marines will be posthumously awarded the Navy Cross for stopping a terrorist attack on a Marine and Iraqi police outpost in Ramadi and saving dozens of lives, the Marine Corps announced Thursday.


Cafeteria night in the Sag Harbor School District - What's for dinner?

With the winter holidays quickly approaching, the Sag Harbor Elementary School took the initiative to host a special night where both parents and students could learn about nutritious and healthy ways to eat ...


Festival a second chance for filmmakers

Max Scott in his East Hampton editing studio. Some East End filmmakers who didn't make the cut when they submitted their films to October's Hamptons International Film Festival are getting a second take this ...


County Legislature overrides Levy's budget vetoes

The Suffolk County Legislature this week voted 17 to 1 to override all the vetoes County Executive Steve Levy made to changes the legislature made to Mr.


Sag Harbor Elementary School

Kurt Kahofer's third-grade class, under the direction of art teacher Meg Mandell and Spanish teacher Shannon Marr, presented "Los Colores" at Morning Program, in which they demonstrated what they had learned ...


Sag Harbor memorializes Marine Jordan Haerter

They marched down Main Street toward Long Wharf in Sag Harbor like so many soldiers on a mission to memorialize one of their own.


Day Honors WWII Vets

As the village prepares to celebrate the memory of one of its youngest war veterans this weekend, some of its oldest veterans marched down Main Street and on to Bay Street Tuesday morning, to a rock that juts ...


Proposed 37 lots draws fire in Bridgehampton

Today, Thursday, there will be a public hearing for the proposed subdivision of 48 acres in Bridgehampton known as Vintage Vines LLC.


Sag Harbor School Kids - Three times better than Global Average

Although teachers are still working without contracts, the Sag Harbor school district has managed to triple the worldwide average for certain college-based courses for its school students.At the Sag Harbor ...


Sag Harbor Village

Sag Harbor Village Police arrested a second Pierson High School student for illegally entering the school and discharging fire extinguishers on three different floors over the Halloween weekend.


Sag Harbor schools score high

Students in the Sag Harbor School District are scoring well above other schools in the region, according to a report presented to the School Board on Monday.


Two exhibitions in Sag Harbor

Even as local East End scenes predominate in one exhibition at Sag Harbor's Winter Tree Gallery, just across the street at the Tulla Booth Gallery are photographs for those seeking more international and exotic ...


Sag Harbor Community Notes

Every year we're dazzled by the brilliant array of colors autumn brings. The elegant old Japanese maples at the corner of Main and Palmer Terrace, some said to have been brought from whaling ships returning ...


Anything shows at Bonac Tonic BYOA exhibition at Ashawagh

It began quietly, Friday night, with cans of white paint, paint brushes and three portable walls.


Halloween Fracases In Sag Harbor

Halloween is traditionally a holiday associated with both tricks and treats, but according to Sag Harbor Village Police Lieutenant Thomas Mackey, one Halloween prank went too far and has resulted in the arrest ...


Sag Harbor Scouts Get Civics Lesson

Three members of the Webelos Den of Cub Scout Pack 455 out of Sag Harbor were invited to the epicenter of government in the Village of Sag Harbor - the Municipal Building - for a lesson in government with ...


It May Get Tough To Host A Big Party In Sag Harbor

Sag Harbor Village officials are considering a special events permit law that would restrict the number of large parties a residence or organization can host each season following a series of concerts planned, ...


Sag Harbor Votes For Change In Historic National Election

While Bay Street Theatre may not have been able to boast the crowds that packed Chicago's Grant Park, on Tuesday night there was a palpable sense of excitement in Sag Harbor as village residents gathered at the ...


Sag Harbor Village DWI

Sag Harbor Village Police arrested Benjamin Angel Gonzalea-Reynosa, 33, of Sag Harbor for aggravated DWI, a misdemeanor, after he was stopped for driving on the wrong side of Bayview Avenue at 3:20 a.m. on ...


At the Polls: Tales From Election Day

Lines were long this morning at schools, fire houses and community centers across the East End as voters were expected to turn out in record numbers to elect a new president and cast their ballots for a handful ...


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