Not a lot of first time home buyers are aware of this program.  It is a great program that gives you up to 4% of your purchase price which can be used as a down payment or closing costs.  It comes in the form of a grant which is forgiven after 5 years.  The current interest rate as of today is 6.125 which increases based on the grant amount you take.  If you take a 2% grant the rate increases by .375 3% grant .5% 4% grant .75%.  This is great first time home buyers (who have not owned any real estate in the last 3 years) who are short on closing costs or down payment but want to live the American Dream.  Income requirements for a family of 1 or 2 is no more than 81,900, for a family of 3 or more 94,185.

 

3 Bedroom 2 Bath 1508 Square Feet...Perfect for the First time home buyers or a starter home.  Offered at 269,000 this is just unheard of for this size Ranch in the area.  Builder willing to customize floor plan, colors, options before construction begins.  Other locations are available as well.

 

Front Elevation

Floor Plan

 

 
 
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Joseph Haberl

Toms River, NJ

More about me…

Crossroads Realty

Address: 168 Route 37 West, Toms River, NJ, 08755

Office Phone: (732) 244-2200

Cell Phone: (732) 674-3149

Email Me



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