Tag Archive | "new jersey"
FHA Jumbo Loans are Great for Home Buyers in New Jersey
FHA jumbo loans are great for home buyers in New Jersey and buyers who have less than a perfect credit history.
Continue reading...Mortgage Rates Hit Lowest Levels in New Jersey
Sunday, August 28, 2011
Mortgage interest rates fell to the lowest levels on record last week in New Jersey and New York!  That goes for FHA and Conventional mortgage loans in the New York metropolitan area.  The fall in rates in recent weeks is in response to turmoil on Wall Street which makes this a great time to purchase a home
Continue reading...New Jersey Super Conforming Mortgage Loan Limits Expire September 30 Act Now to Be Sure You Qualify!
Thursday, July 21, 2011
Super Conforming Loan Limits are set to expire on September 30th!
Continue reading...2011 FHA Jumbo Loan Limits Bergen County and all NJ
Sunday, March 13, 2011
The Federal Housing Administration released approved loan limits on mortgages it would insure in 2011, leaving the ceiling unchanged at $729,750. The Economic Stimulus Act of 2008 and the Housing and Economic Recovery Act of 2008 raised the FHA loan-limit ceiling to help stabilize a shaky housing market. The national floor remains unchanged as well
Continue reading...Which is For You – Conventional or FHA?
Sunday, December 19, 2010
Many people don’t understand the difference between conventional and FHA loans. The prospect of taking on a big mortgage can make you feel like you are going over the edge!! Here is a quick and easy “cheat sheet” to help you decide which is right for you. Qualifying Standards Generally, it is easier to qualify
Continue reading...FHA Jumbo Loans Still A Good Option In Bergen County New Jersey
Sunday, July 25, 2010
How can an FHA loan be a jumbo?
Continue reading...Everything You Always Wanted To Know About FHA Refinance…
Sunday, July 25, 2010
But Were Afraid to Ask! You may have heard that building up equity in your home can be a valuable asset. But how can staring at your walls help you take that long needed vacation, send your child to college, or pay your bills? The answer, refinancing.
Continue reading...New Jersey Homebuyer Tax Credit Deadline Approaching
Wednesday, April 21, 2010
An eligible New Jersey homebuyer may request from the IRS a tax credit of up to $8,000 or 10% of the purchase price for a home for First Time Home Buyers or up to $6500 for repeat buyers.
Continue reading...FHA Streamline Refinance Mortgages Are Still Popular in NJ
Monday, April 5, 2010
As the old saying goes, everything old is new again. The same can be said for the changes to FHA streamline refinance guidelines which went into effect November 18, 2009. The changes really just took us back to where we were in 2003, the biggest change being to the formula to determine the loan amount: Outstanding Principal Balance - Upfront Mortgage Insurance
Continue reading...FHA vs. Conventional Loans – Which is Better?
Tuesday, March 16, 2010
Let’s Get Ready To Rumble! Qualifying Standards Generally, it is easier to qualify for an FHA than a conventional loan. The guidelines are not as strict regarding past bankruptcies and foreclosures . Also, FHA loans generally allow higher debt to income ratios and will approve people with a minimum credit score of about 620. Round 1 – FHA Down Payment Amounts Generally a
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Friday, January 13, 2012
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