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Wyoming, 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 Wyoming, 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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Wyoming, Rhode Island News
Town owed thousands by local businesses

RICHMOND Two service businesses in the Wyoming village area owe more than $7,100 in back taxes and overdue water bills, while a local motel currently in receivership owes more than $11,000. According to the tax ...


Experienced pilots died doing what they loved

Investigators continue to work at the scene of a fatal plane crash Monday near North Central State Airport in Smithfield.


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 ...


Karen Mann's glass designs come from her imagination

Karen Mann, stained glass artist and librarian at Ashaway Elementary School. Her work will be shown at the Chariho Holiday Art Show this weekend.


New bridges possible next year

Two bridges that state officials have declared off-limits for emergency vehicles and school buses could be replaced as early as next spring.


Barn fire kills fowl, damages building

A firefighter stands on a roof surrounded by smoke after clearing a hole to vent smoke from the second story of a barn filled with hay.


Edward Achorn: R.I. suffers, Granite State thrives

IT WASN'T EASY, but Rhode Island achieved something truly remarkable last month: It eclipsed Michigan, the national poster child for economic malaise, as the state with the worst unemployment rate.


Carcieri says he'd like to see end of state income tax

Governor Carcieri told a radio talk show audience yesterday that he would "love to find a way" to eliminate the state income tax.


More of this story

The Newport International Film Festival may fold in the next few weeks unless organizers can raise $100,000 to cover debt and operating expenses.


R.I. manufacturers name award winners

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Artist's floral visions part of Hop Art tour

A pressed flower design by Joyce Bennis of Wyoming. She wA-ill bA-e participatA-iA-ng iA-n tA-he HA-oparts SA-tudio TA-rail oA-n OA-ct. 1A-8 aA-nd hA-er wA-ork wA-ill bA-e oA-n dA-isplay iA-n tA-he archive ...


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.


Luzon, 1945: Daughter now knows how father died

The big thing that Cheryl Wright Jasso remembers about the day the telegram arrived was that her mother burst out crying.


Monday Profile: Fred Stanley

Fred Stanley marks 44 years at helm of Hope Valley-Wyoming Fire department. Various awards and plaques hang inside Fred Stanley's office, commemorating his 44 years of service as fire chief of the Hope ...


Depot Square Park on shaky ground

Just a day after a groundbreaking ceremony at Depot Square Park in Hopkinton, it has become unclear of who even owns the parcel and the park, years in the making, might not go forward.


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.


New consignment/craft shop is a classy act

For best friends Cindy Brady and Cindy Dotson, opening Classy Closet Consignments just made sense.


Hopkinton Town Hall to get much needed repairs, and soon

The council unanimously authorized Town Manager William DiLibero to spend $18,500 to hire Classic Renovations and Wood Working, a Charlestown based contracting firm, to do the work.


Canonchet Road home in flames

An unoccupied home at 324 Canonchet Road was fully involved when the Hope Valley Fire Department was called to the scene shortly before 8 p.m., Tuesday.


Bad schooling

When it comes to top advisors, it's good to see John "Dubya" McCain keeping up his streak of employing clapped-out old political whores like Phil Gramm and Trent Lott, not to mention a rich lobbyist who ...


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