As a New Jersey Mortgage Banker, we have many programs to offer a consumer.  They include and are not limited to: FHA Mortgages, VA Loans, Fannie Mae Loans, Adjustable Rate Mortgages, USDA RD Loans, Jumbo Mortgage Loans, and Stated Income Loans.  We will review briefly each type of loan listed above to go over the programs we offer as a New Jersey Mortgage Banker.  We offer additional mortgage programs as a broker as well, giving us the ability to offer the best of both worlds.   For a direct quote on any particular program, please  contact me or feel  free to call me directly at 908 531 6170.  Here is a synopsis of several of our different loan programs:

FHA Mortgages: as a New Jersey Mortgage Banker, a large portion of our loans is through FHA and we have FHA Approved underwriters on staff.  We offer the traditional 203B, 3.5% down FHA Purchase Money loan as well as the FHA renovation loans known as the 203k or Streamline K loans as well. Here is a recent blog I wrote about the FHA Adjustable Rate Program.  The fixed rate program is super as well.

VA Mortgages: 100% financing for qualified veterans is a great loan program for veteran first-time homebuyers and seasoned homebuyers alike.  With VA approved underwriters on staff, we offer in-house underwriting for VA Loans.  Here is a recent blog I wrote with some basic information regarding the VA Mortgage Program.

USDA RD Loans: even in New Jersey, there are plenty of areas qualified for the moderate income rural development 100% financing program.  As a New Jersey Mortgage Banker, we underwrite and fund these loans ourselves.  Here is some info on the USDA program and eligible areas in NJ.  The most important part to remember about the USDA program is you must qualify income-wise and the property location must fall within an approved area.

Jumbo Mortgage Loans:  We offer several different true Jumbo Mortgage programs on a brokered basis.  Although many parts of NJ have benefitted from the "super-conforming" loan limits, some areas still have relatively low loan limits.  The Princeton area comes to mind, for one.  We have true jumbo loans available for those above the fannie mae loan limits.   Here is a recent blog about our jumbo programs in NJ.

Stated Income Mortgage Loans:  We do not offer the traditional "liar's loan", but rather have on a brokered basis access to Stated Income Mortgage Loans for the self-employed borrowers for which this program was originally intended.  This blog has more information about our stated income brokered product.

For more information on the loans we offer as a New Jersey Mortgage Banker, use my contact form or call me at 908 531 6170.