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North Smithfield, 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 North Smithfield, 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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North Smithfield, Rhode Island News
Wright's Dairy Farm makes big investment today for long-term viability

Wright's Dairy Farm and Bakery is undergoing its most extensive overhaul in nearly 100 years in hopes, say the owners, that the popular destination will remain so for at least another century.


Hamilton details plan to add recreation programs

Town Administrator-elect Paulette Hamilton has outlined one of her first major initiatives once she takes office next Monday, Dec.


'Gold Forest' purchased for $2.8 M

In their final decision as an elected body, the outgoing North Smithfield Town Council Monday split their votes to approve a $2.8 million purchase of the 146-acre Gold property off Route 7 and Mattity Road to ...


New stipulations slow council OK of Gold property purchase

Saying they needed more time to evaluate a new purchase and sales agreement, town leaders Monday recoiled from a plan to immediately purchase more than 146 acres of land off Route 7 and Mattity Road as an open ...


Group hunts for specters of history

It's an austere icon of America's tortured history of witch hysteria. Its very name evokes this city's unending fascination with the occult.


Valley Alliance: Wal-Mart set for Dowling Village

Bucci Development is denying it, but the president of the Valley Alliance for Smart Growth is claiming the firm has a signed lease agreement in place to bring a super Wal-Mart store to North Smithfield's ...


Ghost hunters eye Witch House

The request from Spirit Finders Paranormal Investigators of North Smithfield, R.I., was way down on the agenda at last night's monthly meeting of the Park and Recreation Commission.


A single engine plane crashes just short of landing at North Central Airport.

Channel 12 Eyewitness News reports that at least one person is dead after a single engine Piper crashed in North Smithfield, RI.


Use of outdoor furnaces has some neighbors boiling mad

The outdoor wood boiler heats this entire house in Stony Point, N.Y. Locally, some neighbors have complained of the thick smoke and pollution that is pumped out of the units.


New Web Site Launched: 'Message Through Time' Delivers Email Video...

A local entrepreneur today announced the launch of http://www.messagethroughtime.com, a Web site for people to send email video messages and greetings at a specified date and time in the future.


N. Smithfield bans wood boilers

North Smithfield has become the first town in Rhode Island to ban wood boilers, a cheap source of heat that can leave thick clouds of smoke.


Ball and Mort wed

Jeffrey Mort of North Smithfield, R.I., wed Jillian Ball of Moreno, Calif. on Sunday, October 19, 2008 at The Coachman in Bellingham, Mass.


The man who beat Senator Montalbano

Time was that Edward J. O'Neill and Tommy, his Labrador mix, could count on getting to Lincoln Woods three or four times a week, walking among the trees and nodding to passersby during their contemplative ...


R.I. election digest

Two Town Council incumbents - including the panel's president - won reelection last night and staved off a scenario that worried them even more than defeat.


Lowe, Hamilton jockey for position with high number of new voters expected

The feverish campaigns of incumbent Town Administrator Robert Lowe and challenger Paulette Hamilton picked up even more steam in the restaurants, roadways, and apartment complexes of North Smithfield last week.


House Districts 50, 48 seats up for grabs

Voters in House Representative District 50, Woonsocket, and District 48, covering parts of North Smithfield and Burrillville, will have the chance next Tuesday to either send a strong approval message to their ...


Candidates for North Smithfield town administrator

Employment: Incumbent town administrator; formerly self-employed restaurant owner.


Congress reacts warily to RI Medicaid overhaul

Photo Credit: AP Photo Dorris Lalime, 85, knits a slipper in a common area at the nursing home she lives in in North Smithfield, R.I.,Thursday, Oct.


Will 3-way Dist. 48 House race create 'spoiler'?

All three candidates vying for representative in District 48 say they expect close voting results on Nov.


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