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West Warwick, 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 West Warwick, 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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West Warwick, Rhode Island News
R.I. DMV closing two branches

WEST WARWICK, R.I. a ' Your choices for the DMV has just been limited by two. The state of Rhode Island announced on Tuesday the closing of the West Warwick and Westerly branches of the Division of Motor ...


Family continues Thanksgiving tradition

When you think of Thanksgiving day, several things come to mind. Families coming together to give thanks, turkey, and let's not forget football.


New Coventry council sworn in

It's fun in the political world, said Gov. Donald L. Carcieri as he welcomed new members to the Coventry Town Council.


RI House speaker won't rule out tax increases

House Speaker William Murphy will not rule out tax increases this year to close Rhode Island's massive budget deficits.


Noise Campaign spice up RI

The West Warwick-based quintet the Noise Campaign have rocked plenty of local dive bars and club stages across Rhode Island in recent months, and this spry crew of 20- and 21-year-olds will begin recording ...


Three fires in West Warwick

A house fire in West Warwick on Saturday sent a man to the hospital and was only one of several incidents that kept West Warwick Firefighters busy over the course of the day, according to the fire chief.


Teen pleads not guilty

A West Warwick teenager entered pleas of not guilty during his arraignment in Kent County Superior Court yesterday on several charges related to a traffic accident that claimed the life of a West Warwick woman, ...


Graeme Kapko, fatal Warwick crash, drunk driving, Warwick, Rhode Island

A West Warwick teenager charged as an adult in a March car crash that killed a 46-year-old mother of two pleaded not guilty this morning during his arraignment in Kent County Superior Court.


Joint effort to fight underage drinking

For years, Rhode Island's 35 task forces have tried to curb teen drinking through local programs.


More delays for Station fire victims' settlements

Victims of The Station nightclub fire aren't going to get any of their settlement money in time for Christmas.


Inmate dies mysteriously

A Rhode Island prison inmate's death remains a mystery after testing fails to pinpoint a cause.


Council to be sworn in

The new - or not so new - members of the West Warwick Town Council and School Committee will be sworn in Monday at the West Warwick High School Auditorium.


News to use

Nominations sought: Do you know a graduate of Providence's Classical High School who has been extraordinarily successful in his or her career or in community service? If so, the Classical High School Alumni ...


Kristine M. Drouin

Kristine Marie Drouin, 42, of Willow Street, died Saturday, Nov. 1, 2008, at Kent County Memorial Hospital in Warwick, R.I. She was born in Concord on May 3, 1966, to Audrey Ashford and Maurice Boomhower and ...


In West Warwick, new dialogue over school spending

There's a $1.1-million conversation starting here that officials say is long overdue.


Website Designed to Help Find Missing Children

This news article stresses the importance of using today's technology to improve our lives and the important role emergencysticker.com plays in protecting societies most vulnerable.


Money dries up for proposed West Warwick water park

The $150-million resort and indoor water park slated for the West Warwick Business Park is on hold at least until the spring as developers search for money to build it.


Waterpark resort slated for W. Warwick on hold

The $150-million resort and indoor waterpark slated for the West Warwick Business Park is on hold at least until the spring as developers search for funding in this tumultuous economic market.


Rhode Island Senate leader ousted

The president of Rhode Island's state Senate was unseated in an upset Tuesday by a self-funded retiree who criticized the incumbent's ethical lapses and called him an out-of-touch leader responsible for an ...


In hard times, people respond generously to food drive

Surrounded by white plastic bags filled with canned and boxed food on Saturday morning at the fire station on Sandy Lane and West Shore Road , Mary Alice Conklin told the story of Nick Bianco with excitement.


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