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Ashaway, RI FHA Loans in Rhode Island

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 Ashaway, RI 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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Ashaway, Rhode Island News
Board orders Felkner ouster

Richmond police officer escorts the Ashaway man out of a Chariho School Committee meeting after he refuses to leave.


Richard Heines' woodworking

Richard Heines Jr. brings wood to life making bowls out of chunks of wood. He has served on the Alton Fire Dept for more than 50 years and is a general contractor too.


New councilor hangs onto seat on Chariho panel

HOPKINTON The newest member of the Town Council plans to retain his seat on the Chariho Regional School Committee.


Hopkinton Golf Pavilion to reopen

ASHAWAY A restaurant and golf business that closed last fall after operating for little more than a year is reopening.


Fire station upgrade nears completion

After four years of planning and construction, renovations to the Ashaway Volunteer Fire Department's Main Street station are just a few weeks away from completion.


Karen Mann's glass designs come from her imagination

Karen Mann, stained glass artist and librarian at Ashaway Elementary School. Her work will be shown at the Chariho Holiday Art Show this weekend.


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It's never too early to get into the holiday spirit. Check out these local events and get a jump start on your holidays! It's never too early to get into the holiday spirit.


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ELECTION UPDATE: 8:50pm 11/04/08 Local voter turnout started heavy, slowing in afternoon.


Driver dies in single-car crash

A 22-year-old man has died from his injuries after a single-car crash Thursday on Interstate 95 in the Ashaway section of Hopkinton.


School project surges in cost

The Chariho Regional School Committee approved the transfer of $450,000 from its undesignated surplus to fund repairs.


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From Sleeping Beauty to drop-in play times, there are lots of fun local programs for your kids to enjoy this fall.


DiPaola leaving at end of year

Westerly School Superintendent Thomas DiPaola announces plans to retire at end of this calendar year.


High-Speed Extrusion: Are You Ready for the Fast Lane?

Around three dozen, mostly European, processors are pushing commercial development of high-speed single-screw extrusion.


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Rotary Club of Chariho Swamp Yankee Days The Rotary Club of Chariho will hold the 16th Swamp Yankee Days Festival at Crandall Field in Ashaway on September 27th and 28th.


Local schools show mixed results on statewide science test

Bradford ties for top honors among elementary schools in RI. Click here to view local schools' NECAP results More than half of local middle school and high school students tested last spring in a first-ever ...


Kyle James Wins Late 4-Way Battle To Take Mini Stock Checkered At...

It's all in the books here at Waterford, but not before a wild Mini Stock finish.


Ashaway home destroyed

A swift-moving fire destroyed a home at 76 Collins Road Saturday night. Ashaway Fire Department Chief Michael Williams said the house, unoccupied at the time of the blaze, was engulfed in flames when ...


Structure fire in Ashaway

BREAKING NEWS: Structure fire in Ashaway A structure fire was reported at 76 Collins Road in Ashaway around 11:30 p.m., with multiple calls from witnesses saying the building was fully enveloped by flame.


Canonchet Road home in flames

An unoccupied home at 324 Canonchet Road was fully involved when the Hope Valley Fire Department was called to the scene shortly before 8 p.m., Tuesday.


Cheryl loves being involved in activities

From left, Cheryl Casey of Westerly with Olean Center community support staff Donna swanson of Wakefield, work together on an ASL program to teach Cheryl's friends sign language.


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