USDA in Ocean County, NJ - 100% Financing Option

Real Estate Agent with Diane Turton, Realtors, Forked River, NJ

New Jersey /OCEAN COUNTY USDA program has been extended to January 15, 2014

Mortgage Commitment must be issued by this date, in order do take advantage of this program.


The USDA Rural Development Guaranteed housing loan which is a Government insured 100% purchase loan.

This program is designed for a borrower to borrow up to 100% of the appraised value of the home, which eliminates the need for a down payment.

Some of the KEY guidelines for OCEAN COUNTY, NJ are as follows:

Income limits: 1 to 4 person family $95,000

5 to 8 person family $125,400

Note that not all lenders qualify, please speak with your mortgage representative for additional information.

SPECIAL NOTE: not all properties qualify.  I have access to the USDA site; by inputting the address, I can determine which properties can take advantage of this program.

This program is designed for Single Family Homes.

Properties that do not qualify are:  those that are considered Mother/Daughter types, those that can be sub-divided and those with built-in pools (unless the appraisal can carve out the value of the pool and still appraise at the purchase price). 


This is a fantastic program, please call me today!


Toula N. Rosebrock (of Diane Turton, Realtors) - Broker / Sales Associate - Specializing in all of Ocean County - Lacey Township Real Estate, Forked River / Lanoka Harbor

Unique Name ... Unique Agent ... Unique Service!


Waterfront Properties, Single Family Homes, Multi Family

Comments (5)

Toni Weidman
Sailwinds Realty - Trinity, FL
20+ Years Selling Homes in New Port Richey, FL

This is a great program for buyers, Toula, after they get past all the restricitions. Good information.

Nov 17, 2013 03:09 AM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC


The USDA mortgage program is an outstanding mortgage plan for buyers in Ocean City New Jersey.

Good luck and success.

Lou Ludwig

Nov 17, 2013 09:39 AM
Sharon Lee
Sharon Lee's Virtual Assistance - Jonesborough, TN
Retired and loving life

Nov 28, 2013 02:51 AM

Good financing options for new home buyer.

New Jersey Home Mortgage Loans

Aug 07, 2014 04:37 PM
Robert Rauf
CMG Home Loans - Toms River, NJ

A quick follow up on this, the maps recently changed again (mostly for the better) and the income limits are up significantly!

Dec 03, 2018 10:49 AM