Fairy Tales Can Come True, It Can Happen to You- Another Happy NJ FHA Mortgage Client

On February 3, 2010, in Tips And Advice, by Tony Croft

You don’t need to be a 5 year old to believe in fairy tales.  Ask Andrew and Cara, first time home buyers who thought their dream of owning a multi-unit home in New Jersey, would remain that – just a dream. This is because an evil ogre, also known as an ill-informed mortgage banker, gave [...]

New Jersey FHA Mortgage and Multi-Unit Properties for First Time Home Buyers

On January 17, 2010, in Tips And Advice, by Tony Croft

The majority of FHA mortgages in New Jersey and elsewhere are issued for single family residence properties.  However, a lesser known fact is that FHA mortgages are available for multiple unit properties, as long as the property has no more than 4 units.  In keeping with the principal residence guidelines, one of the units must [...]