In 2009 the USDA enacted changes that made many borrowers eligible for USDA loans in NJ. Many Monmouth, Ocean, Middlesex, and Sussex County home buyers dream of purchasing a home but don’t necessarily have the cash on hand to make the hefty 20% down payment required by a conventional home loan. A USDA loan can be the solution. USDA loans in NJ and elsewhere are one of the only programs that allow the borrower to put zero down.
Eligibility for USDA loan programs, in NJ and the rest of the country, is determined by income, property location, and other factors. Many properties in Monmouth, Ocean, Middlesex, and Sussex County qualify. It is important to work with a lender that understands these loan programs and can guide you through the process.
Jersey Mortgage has extensive experience with USDA loans in NJ and surrounding states. With offices in Manasquan and Cranford, and satisfied customers in Monmouth, Ocean, Middlesex, Sussex County and throughout all of New Jersey, we are the perfect choice. Call Anthony Barber today at 866-909-6262
