Plenty of Mortgage Money Available even in Manville, Hillsborough and Somerset, NJ!
My broker, Jim Weichert sent Weichert agents in my district some great information to pass on (from Weichert Financial Services):
Did you know...?
•¨ With a good credit history (minimum 700 credit score) you can finance up to $417,000 with only 3% Down Payment!
•¨ With a reasonably favorable credit history (minimum 660 credit score) you can finance up to $417,000 with only a 5% down Payment (3% borrower contribution, remainder can be gifted).
•¨ Your seller may contribute up to six (6%) percent of the property's sale price towards closing costs and prepaid expenses. In addition the entire Down Payment of 3.5% can be in the form of a gift. Minimum credit score is 650.
•¨ You can finance up to $800,000 with as little as 15% Down Payment (all from a gift) and pay no MI!
•¨ A Chapter 7 Bankruptcy does not disqualify a borrower from an FHA-insured mortgage if at least two years have elapsed since the date of the discharge of the bankruptcy.
•¨ Weichert Financial Services has financing up to #3,000,000.
•¨ Weichert Financial Services can finance non-warrantable condos with as little as 20% Down.
•¨ Weichert Financial Services can finance your Condo-tel up to $500,000 with as little as 30% Down.
•¨ Weichert Financial Services can lend on your investment property even if you own more than 4 other financed properties.
•¨ Weichert Financial Services has financing available for Non-resident Aliens with no US Credit or Social Security Number.
•¨ You can finance a second home with Acreage including ranches and hobby farms.
•¨ Interest-Only ARMS are still available.
•¨ Condo Financing is available without a completed Condo Questionnaire.
•¨ Piggy Back 1st and 2nd Liens are available.
•¨ 5/1 ARM Jumbo Financing is available with Rates under 4%.
•¨ Manufactured housing Financing is available up to $200,000 with only 20% Down.
•¨ 3/1, 5/1, 7/1 jumbo ARMS are available with terms up to 40 years with 2/2/6 caps.
•¨ Weichert Financial Services still offers 2/2/6 caps (most lenders offer 5/2/5) on their 3/1, 5/2, 7/1 Jumbo ARMS.
•¨ A FREE Float Down Option is available on already competitively priced Jumbo Fixed and ARM Products.
•¨ Up to $417,000 financing available with only 5% Down and Weichert Financial will pay your PI Premium.
•¨ End-Loan Conforming and Jumbo Financing is a available on New Construction with rate-locks up to 12 months.
•¨ Stated Income Loans are Still Available in Some Instances.
•¨ Co-op Financing is available for Conforming and even Jumbo Loan Amounts.
•¨ Weichert Financial Services can offers numerous First Time Home Buyers Programs with below market interest rates and down-payment assistance throughout their Lending Area. Weichert Financial Services participates in Bond issues.
•¨ Weichert Financial Services offers a Bi-Weekly Payment option.
•¨ Weichert Financial Services offers 203K mortgages.
There is plenty of mortgage money available even in Manville, Hillsborough and Somerset, NJ!If you are considering a move into or out of Hillsborough, it pays to plan ahead. Start here to search homes for rent or sale in Hillsborough, NJ. I focus on Hillsborough but am well prepared to discuss other areas as well: Montgomery, Manville, Bridgewater, Raritan, Branchburg, and Somerset- most of Somerset and Hunterdon counties!
Please scan this QR code to open my mobile website that will help you search for listings and other local real estate information!
For more great tips: Visit my web site at: http://www.CarolKronmaierHomes.com
Have questions, need advice you can count on or just want to discuss this further?
Don't waste any more time; pick up the phone and call me now! I'm here to help!