NJ / NY Mortgage Rates & Programs

UPDATE: In response to the Covid-19 crisis, we offer a Zero Contact Mortgage where you can pre-qualify, apply, process and close your mortgage loan from the safety of your home.

If you are a first time homebuyer, move up home buyer or Investor, we can help with you find a mortgage program.  We have access to multiple lenders to allow us to shop for the best rates and programs to fit your needs.  Purchase and refinance mortgage programs for single family to multi-family properties can close in 21 days!  

Remodeling your home? If you are planning on remodeling your home - be it a kitchen, bathroom or backyard - you can contact one of our mortgage professionals who will help find the right loan for you

First Time Home Buyer

First time homebuyer program with as little as 3% down payment. FHA programs start with a minimum 3.5% down payment. Lower credit scores between 500-579 require larger down payment of 10%.  Gifts and seller concessions allowed up to 6% of purchase price toward borrower closing costs. 

Move Up Home Buyer

Maybe you have outgrown your home. Empty nester looking for a 2nd home in the city. Move up buyer home mortgage loans with as little as 3.5% down up to $726,525 in high cost areas. 10% down payment up to $1.5 million.

Portfolio Mortgage Loans

Perhaps you are a non-traditional borrower who is retired with assets? Need a divorce buyout? A business owner who can't verifying income? Credit issues such as collection accounts, one day out of Bankruptcy or Foreclosure.  Turned down by your bank?  Portfolio loan programs utilize alternative underwriting policies to finance a non-traditional bank loan at an assigned risk adjusted rate and/or larger down payments.  We'll help plan a strategy to help get you into a home and enable you refinance when your situation improves.

• Self-employed borrowers with good credit and assets can get approved using alternative bank statement program
• 1 day out of Bankruptcy or Foreclosure with down payment as low as 10%
• Retired with assets?  You may qualify using an asset depletion mortgage program.
• Jumbo Loans up to $6 million
• Investor No Income, Verified Asset, No Tax Return Program
• Refinance Investor or Fix and Flip, no seasoning maximum required for 80LTV.  No Income based on Rental Income greater than the mortgage payment, borrower can own unlimited properties. Loan amounts to $3.5 million 

Investor 1-4 unit property  

Looking to purchase an investment property?  You may qualify for a 85% loan program, no mortgage insurance.  Hold property title in personal or corporate name. 

Mortgage Technology

We've got the latest technology such as the Automated Asset Verification Option in liue of collecting personal financial documents.  Go DOC LESS, where you authorize us to electronically verify your income, assets and tax returns.  And your property might qualify for a appraisal waiver.  Watch our Mortgage application videos about mortgage technology and your mortgage process.

While rates are still low, call us now at 908-722-9217 or 800-327-0123. Start your loan process using our secured online mortgage application.    You can download our free Mobile mortgage app to calculate how much home you can afford. 

We are honored to support our Somerset County front line healthcare professionals at Robert Wood Johnson University Hospital Somerset. Please consider recognizing these dedicated professional by a donation to help feed our local heroes at  food-donations-covid19. This link to the Somerset County Business Partnership (SCBP) will be open until May 10, 2020. For additional information, contact Somerset County Business Partnership at 908-218-4300.  The SCBP is the local Chamber of Commerce located 360 Grove Street, Bridgewater, NJ 08807.