Advisors offers many programs for First-Time Homebuyers.

FHA

  • Down payment as low as 3.5%
  • Gift funds can be used to satisfy the 3.5% down payment requirement
  • Up to 6% seller concession towards closing costs
  • Minimum credit score down to 600
  • Non-occupying co-signer to help qualify

NJ PBA PFRS

  • NJ Police & Firefighter Mortgage Program

Homeready / Homepossible

  • Down payment as low as 3%
  • Up to 3% seller concession towards closing costs
  • Discounted PMI (private mortgage insurance)
  • Gift funds can be used to satisfy down payment
  • Minimum credit score 620
  • Subject to median income limits for area in which home the home is being purchased.

USDA

  • 100% Financing
  • Up to 6% seller concession towards closing costs
  • Subject to USDA income limits for size household
  • Minimum credit score down to 640

NJHMFA

  • Down payment as low as 3.5%
  • State funded grant can be used towards down payment
  • (subject to availability and meeting qualification requirements)
A Family

Advisors is a multi-state mortgage banker that believes in delivering a seamless, stress-free mortgage experience to all of our customers.

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