Somerset Investors Corp. Mortgage Refinance, Reverse Mortage, Home Loan
  Reverse Mortgage Divorce Buyouts Debt Consolidation Home Improvement Purchase Refinance
Search Somerset:
Print this page    E-mail this page

Hopkinton, 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 Hopkinton, 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.

Return to fha loans in the state of RI

Bad Credit? click here.

Call for COMPLETE details NOW!

(800) 675-9783

Hopkinton, Rhode Island News
In Hopkinton, help should be only a neighbor away

Town Councilwoman Barbara Capalbo has done some warm thinking about the cold winter ahead.


Legislator Costantino has second thoughts, takes pass on Atlanta conference

House Finance Committee Chairman Steven Costantino is not going to Atlanta after all.


R.I. treasurer speaks out against legislators' travel

By Katherine Gregg Journal State House Bureau PROVIDENCE -- State Treas. Frank Caprio today labeled "unacceptable'' the recent state-paid travels by legislators to Las Vegas and other resorts and tourist meccas ...


Board orders Felkner ouster

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


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 ...


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.


Neighborhood of the Week: Hope Valley retains mill charm

A house on Fenner Hill Road in Hope Valley. There is no historic district in Hope Valley, a former mill village in rural Hopkinton, but many of the area's historical housing and industrial buildings have been ...


Highway rest stop proposed off I-95 in Hopkinton

An Oklahoma-based truck stop chain proposed a rest stop off I-95 in Hopkinton. HOPKINTON, R.I. _ An Oklahoma-based truck stop chain has proposed building a highway rest stop off Interstate 95 in Hopkinton.


More of this story

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


More of this story

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


More of this story

Economic development and job creation topped the agendas of local candidates for the state legislature on Wednesday.


Hopkinton council asks school leaders for spending history

Citing an advisory panel's finding from more than a decade ago and accusing school officials of padding its budget, the Town Council has offered its own recommendations for formulating next year's education ...


Drill tests Chariho's response in crisis situation

At Chariho Regional High School, the test given yesterday morning was the kind that people's lives may depend upon.


Chariho's referendum now a three-part act

The Chariho School District towns have three school bond questions instead of the single question that failed in Hopkinton last year.


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.


R.I. manufacturers name award winners

Four successful manufacturers and a top-ranking politician in the state House of Representatives will receive awards from the Rhode Island Manufacturing Association during a black-tie fundraising gala to mark ...


More of this story

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


Monday Profile Gail Whittaker

To Gail Whittaker, the Post Office next to Town Hall is more than a place to drop an envelope in a mailbox.


More of this story

Salt and sand to help clear the roads are costing more and becoming less readily available.


Neighborhood of the week: Wyoming

The waterfall at Wyoming Pond dam is near many houses. Wyoming village happens to be located near a part of rural Richmond that is one of the town's hot spots for commercial development.


Save time with our easy online mortgage application.
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
 
"Every other company said they could not help us. After speaking to about five companies, we really believed that no one could. Then we called Somerset, and your company proved us and those other companies wrong. We can't thank you enough for all your hard work and effort in getting us a low fixed rate. We can now breathe easier..." - L. Braun
© 2006 Somerset Investors Corp. All rights reserved.
home | about us | Mortgage Blog | contact us | privacy policy | state licensing | search | links | link to us | site map
mortgage calculators | refinance | purchase | fha | reverse mortgage | divorce buyout | debt consolidation
Eqaul Housing Lender Member of the Better Business Bureau (BBB) Member of the National Reverse Mortgage Lenders Association (NRMLA)