New Jersey... Call Victor Today!! (908) 296-0966 and start saving money.
Name
New Jersey... Call Victor Today!! (908) 296-0966 and start saving money.
Company
Omega Financial Services (Plainfield Office)
E-mail
Contact New Jersey... Call Victor Today!! (908) 296-0966 and start saving money. (Omega Financial Services (Plainfield Office))
Office Phone
(908) 757-3001
Cell Phone
(908) 296-0966
Fax
(908) 543-1059
Address
Across Plainfield High School, 963 Park Avenue , Plainfield, NJ, 07060
Description
Opportunity keeps knocking. It's still a great time to buy! We promise to make the process as quickly as possible. We believe in giving excellent customer service. God Bless!!

NJHMFA Live Where You Work Program:

What is the LWYW homebuyer program

The LWYW program is a home mortgage incentive program that provides low-interest mortgage loans to homebuyers purchasing homes in towns where they are employed. The goal of LWYW is to build stronger communities by promoting homeownership and encouraging people to live closer to their jobs. This, in turn, will reduce the need for cars and increase the use of alternative transportation such as walking, biking and public transit.

If you would like to buy a house in the town where you currently work, then LWYW might be right for you. Employees benefit from attractive mortgage rates, more flexible loan application review and underwriting criteria, and reduced commuting times to work. Municipalities benefit from having a committed workforce living nearby, and the activity and economic vibrancy that comes with people living near where they work.

Eligible Properties: Properties must be located in a participating Live
Where You Work municipality. Eligible properties include one-family units, including condominiums, (new and existing), and existing 2- to 4-family unit properties that are more than 5 years old. Some Live Where You Work municipalities include *Urban Target Areas (UTA). In Urban Target Areas eligible properties can also include new two-unit residential dwellings. Properties must be located in State designated Smart Growth locations.

First Time Home Buyers with 0 to 619 fico score who would probably be turned down at local banks, "CAN BUY" with the help of NJHMFA.

  1. You could be eligible for 5% off your loan amount.

Call us to get started. We are just a phone call away.


Regards,

Victor M. Jaramillo
(908) 296-0966 Mobile
www.activerain.com/100percent

Please make note: These are the items needed to get started:

  • Last Two Years Tax Returns & W2's (All Pages)
  • Last Two Months Bank Statements (All Pages)
  • Last One Month of Pay Stubs (up to date)
  • Copy of your Driver License & Social Security Card
  • Copy of your purchase contract

Municipalities Currently Participating in the LWYW Program include

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mortgage TESTIMONIAL

Testimonials:

Hi Everyone, 

You all know by now I am due to close on my house very soon (granted all runs smoothly from here on out....lol) and I wanted to let you all know that I have a wonderful team of people working with me to make this happen.  One of the key people in getting me to this point has been my mortgage guy, Victor.  Whenever I had questions, regardless of the time of day OR night all I had to do was call or text him and he would respond........and welcome my many many many many questions and take the time to explain in detail the intricacies/components of the not only the mortgage process but he would answer any question I had regarding the entire home purchasing process.  I am sending out this e-mail because I feel and believe he is a sincere, honest and genuine person who more importantly knows his stuff!  If any of you need a pre-qualification letter, are looking to re-finance, or are looking to obtain a mortgage, be sure to give Victor a call.  I am only referring him because I know it's tough to find a person you can trust when looking to make one of the most important purchases in your life.  If I didn't receive top notch service from him, I wouldn't send this e-mail out to you all:-)  His contact info is below. Be sure to tell him I referred you and also feel free to forward his info on......and no I don't receive any type of money for this.  I just want to make sure my family and friends receive great service.


Victor M. Jaramillo
Omega Financial (Home of the 1 week closings)
963 Park Avenue
Plainfield, NJ 07060
(908) 757-3001
(908) 543-1059 Fax

Best Regards

D.H.
_________________________________________

Bayer HealthCare LLC
BHC ACCOUNTING CC
MORRISTOWN

 

NJHMFA's "SMART START" PROGRAM

 Accumulating the funds for downpayment and closing costs is a common barrier to potential homeowners.  The Smart Start Program is available to participants in the Agency's first mortgage homebuyer's program who are purchasing homes in Smart Growth areas.  The program helps these families by offering a second mortgage for downpayment and/or closing costs up to 4% of the first mortgage.

For More Information, please read below:

New Jersey Housing and Mortgage Finance Agency

www.nj-hmfa.com

1. PROGRAM DESCRIPTION:

Accumulating the funds for downpayment and closing costs is a

common barrier to potential homeowners. The Smart Start Program is available to participants

in the Agency's first mortgage homebuyer's program who are purchasing homes in Smart

Growth areas. The program helps these families by offering a second mortgage for

downpayment and/or closing costs up to 4% of the first mortgage.

 2. AVAILABLE FUNDS:

As allocated by HMFA.

3. ELIGIBLE BORROWERS:

Eligible households are those who qualify under the Home Buyer

Program. Borrowers with sufficient personal assets to close a loan at less than 80% LTVCorporations and Investors are not permitted to act as borrowers.

are ineligible.

4. OCCUPANCY:

Property must be occupied as the borrower's primary residence within 60 days

of closing. Borrower must maintain occupancy for the life of the loan.

5. LOAN TERMS:

The Agency will make Smart Start downpayment and/closing cost loans in the

amount of 2%, 3% or 4% of the first mortgage to qualified Home Buyer Program borrowers

purchasing in Smart Growth areas as determined by the Agency's Smart Growth locator. (Visit

www.nj-hmfa.com to access the locator tool.) The interest rate on the Smart Start second

mortgage is 0%. The Borrower may repay the unpaid principal in full or in part at any time

before it is due. This is known as prepayment and no penalty shall be charged. If the Borrower

continuously resides in the premises, as his/her principal residence for five (5) years from the

date of the closing of the loan, the principal on the Note will have been deemed satisfied and the

Lender will provide the Borrower with a cancellation of mortgage or release of lien. If the

Borrower conveys, refinances or ceases to occupy the premises as his/her principal residence,

full repayment of principal will be due as follows:

• Months 0 through 24, the entire principal is due.

• After the 24th month, 25% of the principal on the Note will be deemed satisfied and the

remaining balance will be reamortized.

• After the 36th month, an additional 25% of the principal on the Note will be deemed

satisfied and the remaining balance will be reamortized.

• After the 48th month, an additional 25% of the principal on the Note will be deemed

satisfied and the remaining balance will be reamortized.

• After the 60th month the entire Note will be satisfied and discharged.

Smart Start Options

Program Guidelines

HMFA

New Jersey Housing

and Mortgage

Finance Agency

www.nj-hmfa.com

6. INCOME LIMITS:

Income limits are determined by the area of purchase as well as family size

and must follow the same guidelines as the First Time Home Buyer Program.

7. PURCHASE PRICE LIMITS:

Purchase price limits exist for both the statewide and target

areas. Loans submitted using FHA, VA and/or RECD guidelines must adhere to FHA or HMFA

guidelines (whichever is lower) regarding purchase price limits or mortgage loan limits.

8. FIRST MORTGAGE PRICING:

The 30 year first mortgage interest note rate will vary

depending on the Smart Start loan amount elected and will be fixed for the life of the loan in

accordance with the following schedule:

2% Smart Start loan results in first mortgage Home Buyer Program rate + .375%

3% Smart Start loan results in first mortgage Home Buyer Program rate + .50%

4% Smart Start loan results in first mortgage Home Buyer Program rate + .75%

The 40 year first mortgage requires an additional add-on of .125%.

For more information:

Visit HMFA's website, www.nj-hmfa.com