Mortgage Information Center

Understanding Mortgages

Types of Loans

Today's homebuyer has more financing options than have ever been available before. From traditional mortgages to adjustable-rate and hybrid loans, there are financing packages designed to meet the needs of virtually anyone.

	For the Buyer
		Types of Loans
		Organizing Your Finances
		Your Credit History
		Free Pre-Approval
		Closing Costs
		Find Properties
		Sample Properties
		HomeFinder Report
		Multiple Listing Service

While the different choices may seem overwhelming at first, the overall goal is really quite simple: you want to find a loan that fits both your current financial situation and your future plans. Though this article discusses some of the more common loan types, you should spend time talking with different lenders before deciding on the right loan for your situation. Read more...

Your Credit History

Blairstown	Hopatcong	Parsippany

As part of the loan application process, virtually all lenders will want to see a copy of your credit report. The report will list all your long-term debts (credit cards, mortgage payments, automobile and student loans, etc), as well as your payment history. If you don't have a copy of your credit report, most lenders will generally require you to pay for a copy when they process your loan application. Read more...

Organizing Your Finances

The bundle of fees associated with the buying or selling of a home are called closing costs. Certain fees are automatically assigned to either the buyer or the seller; other costs are either negotiable or dictated by local custom. Read more....

For more information

Email or call Jeff at (973) 691-0022 or (973) 347-8713.