Gloucester County, NJ Mortgage and Real Estate Blog

My Credit Scores Need Anger Management Class!! Have you ever done something just to spite someone? Sure, we all have. Somehow it makes people feel a little better to act like a jerk or dis somebody.  Well I'm here to tell you that getting mad at creditors and not paying your bills out of spite wi...

Interest Only Loans - The Devil or a Godsend? I read this blog today that got my wheels spinning. The topic: Interest only loans. Interest only loans have a nasty reputation as foreclosure loans or "rent" loans. Heaped into the same pile are negative amortization loans, no doc loans, stated incom...

Don't Blame the Underwriter - Blame the Loan Officer! Steve are you out of your mind? Aren't you a loan officer? There has been recent conversation about underwriting and underwriters and how grossly depraved and wicked they are - denying loans, taking a shotgun to files, stripping them of all th...

NJ First Time Home Buyer Tax Prefund Program The NJ First Time Home Buyer Tax Prefund Program has been a great option for New Jersey buyers needing down payment assistance programs. The program allows $5,000 of the $8,000 first time home buyer tax credit to be used towards your down payment and/o...

NJ HMFA Smart Start Lender - First Time Home Buyer Programs Whether NJ first time home buyers utilize the available programs or not, every home buyer and Realtor need to know about these options. The main program that is offered by HMFA (Housing and Mortgage Finance Agency) of New Jersey is calle...

South Jersey Financing and Mortgage Scenarios, Options, and Articles Below is a recent catalog of mortgage related home buying tips. Topics include first time home buyers, seller concessions, zero down mortgages, a scenario/problem/FAQ section, refinancing, reverse mortgages and more. If there is...

Still Closing Mortgage Loans in New Jersey below 620 Credit Scores New Jersey first time home buyers still have an advantage these days. If you are buying your first home and are buying in New Jersey, practically every "typical" loan has a minimum FICO score requirement of 620. But there are opti...

Think You Can Pick ANY Lender or Agent to Work With? Let me share with you a recent event that caused a home buyer to miss out on $10,000. I talked to a buyer two days ago. His significant other was doing some research about a local grant programs and they found me. In this case he called about a...

Making Your First Time Home Buying Experience Successful Well the run has begun and the whirlwind of first time home buyersis picking up steam all across the country. Every buyer will want to know how understanding and using all of your first time home buyer options comes into play in their perso...

Enough Already - Put Me in Coach, I'm Ready to Play I like snow, I really do. But after several days of strenuous shoveling it's time for 60 degrees and ball in the yard!! Today's menu served me many large blocks of ice at the bottom of the drive-way. I have a good sized 4-wheel drive Ford, but I...