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Charlestown, 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 Charlestown, 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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Charlestown, Rhode Island News
Art show helps Chariho Center

These handpainted driftwood decorations were made by artist Christina Holden-Shea, in background.


SCAA 38th holiday show

Crystaline glazed pottery by Jan Anthony will be on exhibit and for sale at the South County Art Association's 38th Annual Holiday Pottery and Art Sale which runs November 28 through Dec.


Charlestown site has more toxins than thought

The amount of buried contamination at the Kenyon Piece Landfill site is far greater than what was originally estimated when clean-up crews began excavating the site two months ago, according to a report by ...


Bounty of trails awaits hikers at Coventrya s Kettle Pond

Want to walk off that big Thanksgiving Day dinner? The trails around the Kettle Pond Visitor Center, in Charlestown, are perfect for hiking with kids or friends in wheelchairs.


Woman Charged In Fatal Crash

A woman who police said was drunk and speeding with a suspended license when she crashed her car on Interstate 95 last year was charged with manslaughter Tuesday.


Wild in the streets

That happy little jingle you hear these days emanating from your favorite auto body shop is probably the owner, because right now is certainly his Most Wonderful Time of the Year.


Joan Pistone fills a need at Westerly Senior Center

WESTERLY Answers for members of the Westerly Senior Center abound inside the office door of Community Information Specialist, Joan Pistone.


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.


Charlestown council cleans house at swear-in meeting

Within 25 minutes of being sworn in last night, the Town Council fired the town administrator, appointed two assistant administrators to run the town, called for a search committee, changed solicitors and ...


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A fun event for kids of all ages. Proceeds benefit The Good News Garage Rhode Island.


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Cross' Mills Public Library presents Free Family Movie Night featuring Wall-E. Family Movie Night will be held at Cross' Mills Public Library, 4417 Old Post Road, Charlestown, R.I., on Friday, Nov.


Charlestown council hands off land purchase decision

At its last meeting on Monday, the outgoing Charlestown Town Council decided to refer a possible land purchase to the new council, set to be sworn in Nov.


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Charlestown, Hopkinton, Richmond, local Conn. state races, and local school referendum results.


Bass still biting

Bass are biting at Block Island and in Ninigret Pond. Sunday, Rick Purpora of Marshfield, Mass.


Election, write-in candidates, Chariho, Charlestown, Richmond, Hokinton, Rhode Island

Voting is usually a multiple-choice experience, but several spots on Richmond ballots were a fill-in-the-blank test, and in Charlestown a former Town Council president who wasn't running for anything this year ...


Supreme Court Stalemate Resolved

The case of Carcieri v. Kempthorne , which involves a dispute between the Narrangansett Tribe and the state over land in the town of Charlestown, R.I., is scheduled for argument before the Supreme Court in ...


A matter of trust: U.S. high court to hear case on status of tribal land in Charlestown

The U.S. Supreme Court will hear arguments today in an Indian lands case that could reopen the question -- bitterly disputed for decades -- of whether the Narragansett Indians can build gambling casinos and ...


Supreme Court hears case over American Indian land

Narragansett Indian Chief Sachem Matthew Thomas stands Thursday, Oct. 23, 2008 in Charlestown, R.I., among buildings of a partially completed elderly housing complex on land entangled in a legal dispute ...


RI, Conn. officials: Expect voter turnout to break records

Towns from Stonington to Richmond are bracing for record voter turnout at polls on Election Day - as high as 70 percent in the Ocean State and 90 percent in the Constitution State.


Barn fire kills fowl, damages building

A firefighter stands on a roof surrounded by smoke after clearing a hole to vent smoke from the second story of a barn filled with hay.


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