Vernon, NJ

Closed on Nov 29,2017
Purchased for $159,819.00


Loan Product: Conventional 97% Financing


Home Ready

  1. Not required to be a first time home buyer
  2. Income Limits: 80% of AMI most areas. Higher percentages avaialble for high minoritycensus tracks or homes in disaster areas
  3. MI Coverage: 25% MI coverage for LTV ratios 90.1 - 97%. Standard MI for 90% or lower.
  4. Pre-Purchase homeownership education required
  5. Purchase transactions only

Fannie Mae Standard

  1. Must be a first time home buyer
  2. No Income limits
  3. Standard MI rates
  4. No homeownership education required

Pick The Loan Option This Is Right For You

Or Call (800) 917-1595
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