The State of New Jersey Wants to Give You Money To Help You Buy A Home!!

1st Time Buyers May Qualify for a 4% Grant of a Home's Purchase Price!!!!

The State of NJ has expanded its grant money for 1st time buyers. Now, qualified buyers can get up to 4% or a home's purchase price to help with down payment and closing costs. In many cases a buyer can use this grant money to finance up to 101% of a home's purchase price. A home must be in a qualified grant area.

Example: On a $300,000 purchase price, a qualified buyer could receive up to $12,000 from the State. A normal down payment wold be $9,000. $3,000 would be left over for closing costs. This money does not have to be repaid if the buyer lives in the home for seven years. Income and purchase price limits apply. Contact us for details.

Rates for the 1st mortgage start as low as 5.75% and 0 points for a 30 year fixed rate mortgage.