Welcome renters! You may be in a position where buying a home is not feasible at this time, and renting is the way to go. I’ve helped dozens of current tenants find homes in Middlesex, Somerset and Mercer Counties. The process is not complicated if you know what to expect, and I’ve created a page for potential tenants that offers links to renting advice, laws applying to tenants and landlords and a sample lease contract. Please check it out and contact me to discuss your search.
No down payment USDA mortgages available in Greater Princeton Property address, income limit and other restrictions apply, but it is possible to purchase a condo, townhouse or house in many areas of New Jersey with no money down. Visit the USDA website or contact Finance of America Mortgage (609 586-0020) or First Choice Loan Services (609 498-7747) for more details.
Mortgage rates to qualified buyers as of March 15, 2019*
30 year fixed rate – 4.125% with 0 points
FHA 30 year fixed rate – 4.0% with 0 points
Jumbo 30 year fixed rate – 4.375% with 0 points
Current FHA mortgage amount limits
Middlesex, Somerset and Monmouth Counties – $625,000
Mercer County – $440,000
Save $595 First Choice Loan Services (609 498-7747) waives mortgage application fees for RE/MAX customers. Woot!
*As quoted by Finance of America Mortgage. Interest rates and terms are subject to down payment and FICO score adjustments.