By Jennifer Blanchard, No Obligation, Just Information
(Berkshire Hathaway HomeServices NJ Properties)
« November Home Buyer Seminar Mortgages 101 I always tell my clients that "I sell houses, not loans" and direct them to my favorite Weichert Financial Services manager - Brian Wagenseller, who can be reached at 908-310-5122. Brian sent out a newsletter this afternoon so I thought I would share some highlights of available mortgage options: State bond programs (not available in every state)- Very popular programs. Loan amount limits and downpayment requirements vary.- NJ, PA, VA and MA have monetized the tax credit to be made available at closing. FHA financing- As little as 3.5% down. Loan amounts up $729,750 in certain areas. VA financing- No Money Down up to $417,000. Conventional financing both conforming & jumbo- Loan amounts up to $729,750 Home Improvement Financing- An FHA 203(...