Posts By Rick Pristas
Location
New Jersey
Phone: 732-600-6181
Posts
Loan Level Price Adjustments(LLPA’s) introduced by Fannie Mae and Freddie Mac during 2008 have surprised many New Jersey homebuyers/homeowners applying for conventional mortgage loans during the recent interest rate drop.
2008 may be remembered as a difficult year for homeowners and homebuyers, but it did give three great opportunities to lock into low New Jersey mortgage rates. Do you know when they occurred??
The New Year has rolled in and brought with it an exceptional time to purchase a home in New Jersey. If you are considering purchasing your first home or trading up you should start preparing yourself. FHA loan limits go as high as $625,500 in Monmouth County, Ocean County and Middlesex County, NJ. New Jersey [...]
First Time Buyers in New Jersey may be able to take advantage of down payment assistance by working with a lender that is approved by New Jersey’s Housing Finance Agency-NJHMFA. Superior Mortgage offers up to 4% of the mortgage amount in down payment and closing cost assistance to buyers using the NJ’s First Time Buyer Program. The surprising part [...]
According to the Monmouth County MLS and the Ocean County MLS, there were approximately 950 homes sold in Ocean County, NJ from August through October and 629 of those homes sold for $373,000 or less. This data indicates that a majority of the transactions may have been eligible for a standard NJ FHA Home Loan. A buyer could [...]
New Jersey’s FHA Mortgage Source Superior Mortgage Corp. 1030 Hooper Ave. Toms River, NJ 08753 732-818-0802 Email Rick About Superior Mortgage: Superior has been assisting New Jersey residents with home financing since our doors first opened in Ocean County, NJ in 1987. As a licensed mortgage banker we are a direct lender for HUD and [...]
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