Atlantic County Mortgage Loan Programs abound, as there are a variety of available loan options for first-time buyers, those "upsizing" or "downsizing", or those who simply wish to refinance their existing mortgage.  Atlantic County Mortgage Loan Programs 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 call me directly at 908 531 6170.  Here is a synopsis of several of our different loan programs:

Currently I am working on an investment property purchase in Egg Harbor Township.  It appears that there are many oportunities to purchase nice properties with strong cash flow in many parts of Atlantic County.  Second home financing is also plentiful currently for those looking to purchase or refinance a second home

FHA Mortgages are very popular among our Atlantic County Mortgage Loan Programs, as 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 refinancing options.  Here is a recent blog I wrote about the FHA Adjustable Rate Mortgage Program.  The fixed rate program is super as well.

Jumbo Mortgage Loans:  We have Atlantic County Mortgage Loan Programs with 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.  Atlantic County's loan limit is just $453,000 currently.   Here is a recent blog about our jumbo programs in NJ.

USDA RD Loans: in much of Atlantic County, New Jersey, there are 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.

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.

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 Atlantic County Mortgage Loan Programs we offer, use my contact form or call me at 908 531 6170.