Somerset Investors Corp. Mortgage Refinance, Reverse Mortage, Home Loan
  Reverse Mortgage Divorce Buyouts Debt Consolidation Home Improvement Purchase Refinance
Search Somerset:
Print this page    E-mail this page

Asbury, NJ FHA Loans in New Jersey

FHA loans differ from conventional loans in a number of ways. The down payment required for an FHA-insured loan is usually much lower than for conventional loans. FHA loans also have lower credit requirements than conventional loans, making them more available to a wider range of potential homebuyers.

 

FHA loans offer Asbury, NJ residents several other valuable benefits, not least of which is those aforementioned smaller down payments. Unlike a conventional loan, which ordinarily requires 10-20% down, FHA-insured loans only require down payments as low as 3-5%. The FHA is also more flexible in calculating factors to determine whether or not to approve the loan, factors such as household income and repayment ratios.

Return to fha loans in the state of NJ

Bad Credit? click here.

Call for COMPLETE details NOW!

(800) 675-9783

Asbury, New Jersey News
Bergen Offers Philanthropy/Leadership Seminars

Bergen Community College's Nonprofit Institute of Philanthropy and Leadership will offer a nine-session seminar series on topics pertaining to the sector such as grant writing, fundraising and leadership ...


Program brings dental care to Asbury kids

"I've never had a cavity in my whole life," 8-year-old Santiige Portlock announced as she stepped into the makeshift dentist office at Thurgood Marshall Elementary School Thursday morning.


Plans for Oyster Festival in Asbury bigger than ever

At least 18 restaurants plan to join in the Guinness Oyster Festival under the tents from noon to 6 p.m. Sept.


Asbury to upgrade bus, rail center: Upgrades planned at Asbury Park bus, train station

City officials soon will begin a number of improvement projects for the Transportation Center to keep transforming the one-time white elephant into a viable venue for travelers and residents.


Asbury cop puts art skills to use

As a high school student, Alastair Sweeney worked as a freelance artist, drawing illustrations for the children's pages of The Irish Press.


Transit districts gaining popularity

It's being touted as the hot new trend in development - as a way to build high-density housing while reducing traffic, increasing mass transit use and enhancing overall quality of life.


Transit districts gaining popularity

It's being touted as the hot new trend in development - as a way to build high-density housing while reducing traffic, increasing mass transit use and enhancing overall quality of life.


Transit districts gaining popularity

It's being touted as the hot new trend in development - as a way to build high-density housing while reducing traffic, increasing mass transit use and enhancing overall quality of life.


Transit districts gaining popularity

It's being touted as the hot new trend in development - as a way to build high-density housing while reducing traffic, increasing mass transit use and enhancing overall quality of life.


Transit districts gaining popularity

It's being touted as the hot new trend in development - as a way to build high-density housing while reducing traffic, increasing mass transit use and enhancing overall quality of life.


Transit districts gaining popularity

It's being touted as the hot new trend in development - as a way to build high-density housing while reducing traffic, increasing mass transit use and enhancing overall quality of life.


Transit districts gaining popularity

It's being touted as the hot new trend in development - as a way to build high-density housing while reducing traffic, increasing mass transit use and enhancing overall quality of life.


Transit districts gaining popularity

It's being touted as the hot new trend in development - as a way to build high-density housing while reducing traffic, increasing mass transit use and enhancing overall quality of life.


Housing near train stations on a fast track

It is being touted as the hot new trend in development, as a way to build with high density housing while also reducing traffic, increasing use of mass transit and enhancing overall quality of life.


Five wineries to participate at Rutgers Gardens open house

The Rutgers Gardens of Rutgers University will present its 44th annual Open House Festival and Wine Tasting from 9 a.m. to 3 p.m. Saturday, July 26 and will feature tours of the Rutgers Gardens, The Donald B. ...


Five wineries to participate at Rutgers Gardens open house

The Rutgers Gardens of Rutgers University will present its 44th annual Open House Festival and Wine Tasting from 9 a.m. to 3 p.m. Saturday, July 26 and will feature tours of the Rutgers Gardens, The Donald B. ...


Asbury woman arrested after biting, punching, clawing boyfriend at Clinton Twp. motel

An Asbury woman has been arrested after police learned that she had hit her boyfriend 40 to 50 times during a fight at the Fountain Motel, according to police.


Franklin Twp. to be group's new home base

FRANKLIN TWP. -- The Musconetcong Watershed Association will break ground at 7 p.m. Wednesday for its future home.


Former butcher returns to roots - down the shore'

Geldzahler and his partners own a section of this block on Cookman Avenue in downtown Asbury Park, where fashionable shops and restaurants have opened.


Transit development gets good reviews

The process still has a ways to go, but if comments made during Thursday night's public meeting are any indication, township supervisors are favorably inclined toward a developer's plan for a "transit-oriented ...


Save time with our easy online mortgage application.
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
 
"I prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.
© 2006 Somerset Investors Corp. All rights reserved.
home | about us | Mortgage Blog | contact us | privacy policy | state licensing | search | links | link to us | site map
mortgage calculators | refinance | purchase | fha | reverse mortgage | divorce buyout | debt consolidation
Eqaul Housing Lender Member of the Better Business Bureau (BBB) Member of the National Reverse Mortgage Lenders Association (NRMLA)