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Jamestown, 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 Jamestown, 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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Jamestown, Rhode Island News
More Charges for Scammer Posing as Sox Scout

More people report being scammed by a man who allegedly took thousands of dollars by also posing as a cancer victim.


Food Notes

St. Mark Church, 60 Narragansett Ave., Jamestown, 423-1421, this weekend holds its annual Christmas Festival featuring the Taste & See Cafe serving homemade soups, chowders, sausage and peppers, hot dogs and ...


Cheap lobster not grabbing retailers

November's by-the-pound lobster prices are the lowest in at least 20 years in the Ocean State and are causing a slowdown throughout the region for lobstermen and lobster-based economies, but the bottomed-out ...


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Local legislators did not offer much in the way of solutions for the state's ever-widening economic woes Wednesday during the fifth annual Newport County Legislative Breakfast.


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Author Elizabeth Matthews signs a copy of her book 'Different Like Coco', about the life of French fashion designer Coco Chanel, Saturday at Michael Hayes for Kids in Newport.


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A number of events have been scheduled for Veterans Day on Tuesday. Local observances include: - The United Veterans Council of Newport County and the Veterans of Foreign Wars of the U.S., Conover-Leary Post ...


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Waitress Sarah Cook of Portsmouth serves one of the dishes included on Yesterday's restaurant week menu, salmon with sesame shrimp crust.


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Republican state House candidate Daniel P. Reilly waves to voters Tuesday at Gaudet Middle School in Middletown.


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Voters review their ballots while waiting in line Tuesday at Knights of Columbus Hall in Newport.


Jamestown man runs scam with Red Sox tickets

A Jamestown man scammed a woman out of $6,000 by promising Red Sox tickets. JAMESTOWN, R.I. _ Police have accused a Jamestown man of scamming a woman out of more than $6,000 by pretending he was a Boston Red ...


8 GOP legislators out

If voters were angry yesterday, it appears they took much of their anger out on the already small band of Republicans in the General Assembly.


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State Sen. June Gibbs congratulates challenger Louis P. DiPalma on Tuesday night.


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With tremendous interest in the presidential race, voters may face longer lines than usual at polling places Tuesday.


Preservation Planner calls it a

NEWPORT a 'A Preservation Planner Shantia Anderheggen, who has guided the city and residents on all matters historic for the last two and a half years, has tendered her resignation.


Matt's top-10 legislative races

Matt's been on a roll, breaking some news over at RI's Future, and he's got a look at his top-10 legislative races : Deb Ruggiero - One of the state's top women's rights activists is battling a 28-year ...


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For nearly 300 years, ferry service was the heart of Conanicut Island. For most of that time, it was the island's main connection to Aquidneck Island and Newport.


Senate candidates square off

With less than three weeks to go before election day, state Senate hopefuls from across Newport County converged before a crowd of nearly 60 people at Middletown Public Library for a forum hosted by Concerned ...


Treaures so near, yet so far

In May, as a handful of local archeologists watched from the gunwales of four research ships, warfare scientists for the Navy and federal oceanographers lowered several high-tech robots into Narragansett Bay's ...


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Winifred Longo lives in the city and works the 5-11 p.m. shift at a supermarket in Middletown, but now she sees her job endangered because of proposed bus service cuts.


Former Jamestown Councilman to be arraigned in Virgin Islands

A Rhode Island man held in a Virgin Island jail, accused of killing his wife, will face a judge.


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