Zero Down Home Loans in New Jersey

You want to buy a house and each month you can easily make your rental payment but saving for that down payment is just too difficult. You’ve heard claims that buying is sometimes cheaper than renting and for the same price as rent you can potentially own a...

What to Know About a Jumbo Loan

If you’re doing a little bit of research on jumbo loans here are some important facts you need to know and what to expect. A jumbo loan is where the loan amount exceeds current conforming loan limits from a typical conventional, FHA, or VA loans. Conforming...
What is APR and How Will It Affect My Rate?

What is APR and How Will It Affect My Rate?

If you’re shopping for a home loan or even a refinance you may have heard the term APR, which stands for annual percentage rate. The annual percentage rate represents the true cost of the home loan. This includes the mortgage fees amortized over the life of the loan....

Can I Get a Home Loan on a Manufactured Home?

Manufactured homes are not what they used to be. These homes are now built using higher construction materials, easier layouts, and practical design. We get a lot of calls from people asking if they can get a home loan on a manufactured home and the basic answer is...

Do I Need 20% to Qualify for a Jumbo Mortgage?

A jumbo mortgage or jumbo loans are those that exceed the dollar amount of loan servicing limits put in place by Freddie Mac and Fannie Mae. These are non-conforming loans and they typically exceed the yearly limits, currently which are $453,100 in all states except...

Most Common HELOC Questions Answered

Do you know that most Americans have more equity in their home than they think? According to Corelogic’s most recent Homeowner Equity Insights Report, US homeowners with a mortgage gained an average of just over $16,000 or about 12% and home equity from 2017 to...