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NJ Lenders Corp.- Shrewsbury, NJ (NMLS# 1116706)
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There are many ways to finance the purchase of a fixer-upper home. The FHA 203k loan program is one of the most popular. But how does this program work, and what benefits does it offer to you as a home buyer?
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A new report showed that 52% of buyers in New Jersey and nationwide made down payments of less than 20% when purchasing a property.
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Housing affordability is a growing problem for much of the country right now, and it affects some residents of New Jersey as well.
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Every year, following a careful review of the New Jersey Banking and Financial Services Industries, the magazine issues a list of the top performing companies.
A true honor for NJ Lenders Corp to be recognized as one of the state’s top lenders.
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As a home buyer there are some steps you can take to help ensure that your closing process goes smoothly. You can be proactive and follow these steps.
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This report gives us some insight into the “typical” FHA home buyer in New Jersey. It also shows some of the flexibility that is built into the program in terms of qualification criteria.
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As home prices climb more and more home buyers will turn to jumbo loans to help with their purchases. Improved access within the Jumbo Mortgage category will help.
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Many first-time home buyers use FHA loans to finance their purchases.
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Home buyers shouldn’t be discouraged by the down payment figure mentioned. It’s possible to purchase a home in the state with a smaller down payment.
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This study reveals just how many borrowers in New Jersey and nationwide were helped by PMI.
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