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100% Financing in Gloucester County, NJ

Gloucester County Mortgage 100% Financing - Steve KappreThere are 100% financing options available in this current market. 100% financing is available to many buyers, not just first time buyers. And the rates are great, often the same rate as a conventional or FHA mortgages, sometimes even lower.

There are additional benefits to this 100% financing loan, including the option to have the seller pay some or even all of your closing costs. In a typical purchase transaction, one that is negotiated and structured by a good Realtor and mortgage professional, you will end up needing little money when all is said and done.

Some Things to Expect

There are some items that you will have to pay for upfront, and these typically include: An appraisal (@$350), a deposit when you come to terms regarding a purchase price on a home (@$500-$3,000+), a pest inspection (@$55), and a home inspection (@$300-$400) if you choose to have one. So estimate to need at least $900 of your own money to start.

If negotiated and structured well, you can actually go to settlement and get most or all of your money back. It isn't magic - you just need to work with well experienced professionals. If you are looking to buy a home in the South Jersey area and/or Gloucester County, feel free to contact Steve Kappre by e-mail, phone, or text.


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Steve Kappre is a Mortgage Planner and lends in all 50 states, locally serving South Jersey’s Gloucester, Camden, and Salem County. Steve specializes in;

• All areas concerning First-Time Home Buyer Mortgages, grants, down payment assistance, police and fire loans, rehab loans, and more.

Reverse Mortgages

• Equity Management strategies for high-end homes and high net worth individuals.

Contact Steve Kappre directly at 856-419-3561 or at www.stevekappre.com

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Treasury Mortgage - 550 Bridgeton Pike, Mantua, NJ 08051 - 1810 Springdale Road, Cherry Hill, NJ 08003

Licensed by the NJ Department of Banking and Insurance

 
This post has been included in New Jersey Real Estate News Gloucester County, NJ Real Estate News
Post is included in group: Gloucester County, NJ
Post is included in group: South Jersey

4 Comments on 100% Financing in Gloucester County, NJ

MAY
31
2009
320,285 Points 5 Featured Posts Outside Blog

We closed a purchase last Thursday.A 100% USDA loan and my buyers had to bring a whopping 237.00 to close. Great post to educate the buyers.

5:40am • #1
509,750 Points 70 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Wow ! .... That's a pretty easy to understand presentation of 100% financing !

... and looks like a viable product for the right clientelle.

Nicely done Steve !

Sheldon

5:47am • #2
781,899 Points 71 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Steve is this a USDA loan or some other product. Good to spread the word none the less.

6:26am • #3
JUN
01
2009
288,572 Points 38 Featured Posts Outside Blog

Laura - Gotta love it!

Sheldon - thanks

Bill - This is USDA, altough we have other options including grant programs that can technically go above 100% financing.

8:44pm • #4

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Steve Kappre | NMLS# 217008 NJ Mortgage Loan Officer | 856-419-3561

Mantua, NJ

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Treasury Mortgage | Mortgage Company - New Jersey

Address: 550 Bridgeton Pike, Suite 2, Mantua, NJ, 08051

Office Phone: (856) 415-7720

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