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Woonsocket, 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 Woonsocket, 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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Woonsocket, Rhode Island News
Panel offers plan to improve urban school districts

Expand the school day. Offer preschool to all students. Allow students to earn a high school diploma by taking night classes or enrolling online.


DEM weighs partial privatization of six sites

Saying he wanted to explore "what maybe-might-possibly-could occur," the director of the Department of Environmental Management said yesterday he wants to explore ways that businesses and organizations could ...


Genealogy Query - CHMIEL : SMITH

I am looking for any family members of Ernest Smith who resided in Cranston in 1940.


Leaders say wage freeze makes Woonsocket 'envy' of other districts

An agreement between the Woonsocket Teacher's Guild and School Committee members on a flurry of concessions has school leaders giddy over the savings.


the Recipe Box - Stuffed pumpkin is perfect on the harvest table

A pumpkin on the Thanksgiving table serves more than one purpose. They are very edible and nutritious, can be used as a serving vessel for stuffing and also make a great centerpiece with the pumpkin as your ...


Woman, 85, dies after car strikes pole in Woonsocket

An 85-year-old Cumberland woman died yesterday after she drove into a utility pole on Cass Avenue at Dana Street.


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 ...


Reed backs extended unemployment assistance

From an op-ed by the senior senator in today's Call of Woonsocket and Times of Pawtucket: The average benefit to Rhode Island job seekers is $309 per week and may usually be collected for up to 26 weeks.


Tom Ward - Let's do 'what's right today' by our local oil dealers

I was driving through East Woonsocket last week, and a little bit of inspiration rained down on me from the sign at the First Assembly of God Church on Mendon Road.


WHS students, staff, prepare for 'Little Bit of Broadway' benefit

It can only be a need of this magnitude that would attract so many to help a woman most have never met.


Killing of toddler was accidental, defense asserts

The defense lawyer for Gilbert Delestre - charged with beating his girlfriend's 3-year-old nephew Thomas J. Wright to death - said Delestre hit the boy, causing him to fall down the staircase of their ...


Roomful of Blues will chase the blues away

Roomful of Blues performs plays a rare, small-room concert Friday night at the Blackstone River Theatre.


Winter coat exchange is part of Buy Nothing Day

While the day after Thanksgiving is the unofficial start of the Christmas shopping season, a number of activists and citizens will be taking part in the 12th annual Buy Nothing Day.


Liza in Woonsocket? Here's how and why

Let's all be honest. When we all read about Liza Minnelli coming to the Stadium Theatre, in Woonsocket, for four shows this week, we all had the same reaction: Really? Really.


A Woonsocket man was convicted of first-degree child molestation on Wednesday.

A man from Woonsocket was charged with one-count of first-degree child molestation on Wednesday, Novemeber 12.


Residents flee apartment fire

WOONSOCKET, R.I.a 'All of the residents inside a Woonsocket apartment house got out safely after flames engulfed the building Monday night.


Fire guts Woonsocket apartment building

Careless smoking apparently caused a fire that heavily damaged a seven-unit apartment house on East School Street on Monday evening, according to Fire Chief Kenneth A. Finlay.


Suspicious fire guts RI apartment building

The fire that decimated a four-story, multi-family apartment building in Woonsocket is being considered suspicious.


Woonsocket Firefighters Battle Structure Fire

On Monday night Woonsocket firefighters responded to East School at Pond Street for heavy smoke in the area, Engine 3 arrived first due and reported a 4-story wood frame heavily involved and began fire attack.


Man charged after fatal robbery

A Providence man was charged with murder Monday following a fatal attack on a 71-year-old man.


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