Mini Mortgage Questionaire
Posts By Gerald Santoro
An eligible New Jersey homebuyer may request from the IRS a tax credit of up to $8,000 or 10% of the purchase price for a home for First Time Home Buyers or up to $6500 for repeat buyers.
A measure to help bring stability to home values and accelerate sale of vacant properties went into effect February 1st, 2010.
There is a little known and under utilized home loan available in New Jersey and across the country. This loan provides 100% Financing! You read it right…..100% financing…..and no Mortgage Insurance!
$8,000 First-time Home Buyer Tax Credit at a Glance
First Time Homebuyer Tax Credit Extended Into 2010!
Plus…A New Tax Credit for Certain Existing Home Owners!
Congress gave final approval Thursday to support the housing market by extending and expanding the First Time Home Buyer Tax Credit.
The $8,000 first-time homebuyer tax credit is set to be extended until April 30, 2010.
If you have been thinking about doing an FHA Streamline Refinance in New Jersey, you should be aware of the changes that are coming very soon.
FHA has released these changes which will go into effect as of November 17th, 2009:
1) Borrower must have made at least 6 payments on the loan being refinanced ( 6 [...]
Many areas of New Jersey are eligible for the USDA 100% Home Purchase Loan. It is still possible to buy a primary home in New Jersey with No Money Down

