New Jersey Mortgage and Home Loan Information

Gloucester County First Time Home Buyer Assistance Program: Update

Sun, 17 Jan 2010 22:11:37 -0800

Gloucester County First Time Home Buyer Assistance Program: Update

The Gloucester County, NJ first time home buyer grant program is a great option for home buyers looking to purchase in this South Jersey area. More recently, this program has changed. Here is an update on how this great program works;

The amount allowed as assistance is $10,000
The assistance can be used for closing costs and/or down payment
The assistance is provided at closing, not before.
UPDATE: A home buyer is now required to receive home buyer counseling, such as that approved by HUD. There are several local areas to obtain this counseling
UPDATE: 3%* of the buyers own funds (including gift funds, as in the case of an FHA loan) must be put into the transaction. This means that the 3% can go towards upfront fees, closing costs, or the down payment, or any mix of the three. Be sure to keep all receipts. (*3% of the purchase price)
This program is income resricted. The requirements start off at an income cap of $46,000 for a single person, and moves about about $6,000 per household member.

Keep in mind that household income is the factor used for qualifying, therefore if for instance a husband plans to buy a home only in his name, the income of his wife (assuming she lives in the property) will also be factored, and would require that the total household income fit within the guidelines.

The Gloucester County first time home buyer assistance programis one of the best home buying options around. Call Steve Kappre @ 856-419-3561 for more information today.

More information on NJ First Time Home Buyers.

Treasury Mortgage - 550 Bridgeton Pike, Mantua, NJ 08051 - 1810 Springdale Road, Cherry Hill, NJ 08003

Licensed by the NJ Department of Banking and Insurance

Understanding Seller Concessions | Seller Paid Closing Costs | Seller Contributions | Seller Assist

Mon, 06 Jul 2009 13:52:57 -0700

Having the seller pay some or all of your closing costs is common. Some buyers and their real estate agents have a hard time structuring these type of transactions. Below are FAQ's to help you understand the structuring needed for a purchase with seller concessions.

Clarifying Terms

When talking about this topic there will be many phrases thrown around that basically mean the same thing; seller concessions, seller paid closing costs, seller assistance, seller contributions, and more. For our purposes we will use the term seller concessions.

How much can I ask for in seller concessions?

Typically on conventional loans the most a buyer receives in seller concessions is 3% (On a $100,000 purchase, $3,000). Making a larger down payment can raise the amount of concessions allowed from 3% to 6% or even 9%. However you rarely see these high concession amounts because if a buyer is putting, for instance, 25% down on a home, they don't have the seller pay concessions for them. Not only that, but if you need 9% in concessions, something is usually wrong with your financing.

On FHA loans, you can receive up to 6% in concessions. (On $100,000 purchase price, $6,000) Typically the lower the purchase price the higher percentage of seller concessions you will need. It is not typical to have a $300,000 purchase price and need $18,000 in seller concessions. It is much more typical to see, for instance, a $60,000 purchase price and have $3,600 in concessions.

On USDA loans, there is no limit to the allowable seller concessions, other then it has to make sense. A buyer would not typically need a percentage of seller contributions over about 4-5%. There are some examples below of reasons why a high percentage of concessions would be needed.

How do I calculate the seller concessions?

Simply take the purchase price, and multiply it by the percent allowed for the type of loan. For example, a $100,000 purchase price with 3% concessions is $3,000, and 6% concessions is $6,000, etc. On a calculator, you would multiply 100,000 x .03 or .06 respectively.

What can seller concessions cover?

Seller concessions can cover your closing costs which may include mortgage related fees, title company fees, the set-up of an escrow account, your home owner's insurance costs, state taxes or stamps, and more. Many, but not all, home owner's insurance companies will allow you to pay the policy premium at settlement. If that is important to you find out upfront. Seller concessions CAN NOT be used for a down payment.

What is NOT Seller Concessions?

Grants are not seller concessions. Down-payment assistance programs are not seller concessions either.

For first time home buyers, a lender and real estate agent that work together closely can structure an offer to purchase a home where you can utilize both a grant to pay for all of your required downpayment, and seller concessions to cover all of your closing costs. It is not rocket science. You simply have to work with people that know what they are doing.

It is important for your lender and your real estate agent to convey approval terms BEFORE making an offer on a home. Any real estate agent worth your time would have a buyer pre-approved before submitting offers on a home. This being said, it is important that your real estate agent not only knows how much you can afford, but also the terms and conditions of your approval. Some pre-approvals are contingent on seller concessions and/or grants. This needs to be communicated to all parties up-front.

Am I paying more for a home if I use seller concessions?

Some people may look at their purchase of a home in this way; (Using round figures) I can pay $190,000 for a home and pay my own settlement costs of $10,000 I can pay $200,000 for a home and have the seller pay $10,000 of my settlement costs. Viewed this way you are actually financing the costs. You pay interest on $10,000 more, BUT you get to keep $10,000 in your pocket, which more importantly you can keep for a safety net (and earn interest from yourself).

SIDE NOTE: This aspect can not be over-emphasized. If your lender thinks it is "OK" to put you in a home where you have literally a few hundred dollars in the bank after settlement, you both are setting up for a VERY RISKY situation and one which could go into default very quickly. It is unwise to purchase a home after which you are immediately poor! It would do all home buyers well to consider this before purchasing a home. Hopefully you will have a lender or real estate agent who would care more about you in this fashion.

Ways to utilize seller concessions for your benefit

Have some or all of your closing costs paid by the seller.
As a first time home buyer utilize both a grant and seller concessions to cover your closing costs and down payment requirements.
Create a financially safe environment by keeping more money in your pocket after settlement. This aspect is overlooked too often yet is very important to you as a home owner.
Have the seller pay points for you. This will make your monthly mortgage payment lower by giving you a lower interest rate. In some cases this can be the deciding factor on if you qualify to buy a home. This will also lower your debt-to-income ratio, which is one of the major factors a lender looks at when approving a loan.
Avoid private mortgage insurance (PMI). If you are a buyer that has the assets available to make a 20% down payment, but not enough assets to pay closing costs, then have the seller pay your closing costs. This will bring you to the 80% loan-to-value level and allow you to eliminate PMI. (NOTE: This is all negotiated when you make your offer on a home and agree to terms).

Conclusion

Seller concessions are an important part of home financing. Used correctly, seller concessions can save a buyer money, allow more financing options, and create a financially safe environment. Consider these important aspects prior to making an offer on a home and you will be much better off, both at settlement and in the long term.

If you have any questions about seller concessions or any other mortgage/real estate topic(s), feel free to contact Steve Kappre directly.

Steve Kappre is a Mortgage Planner with Treasury Mortgage. Steve specializes in;

• All areas concerning First-Time Home Buyer Mortgages, grants, down payment assistance, police and fire loans, rehab loans, and more.

• Reverse Mortgages

• Equity Management strategies for high-end homes and high net worth individuals.

Contact Steve Kappre directly at 856-419-3561 or at www.stevekappre.com

Treasury Mortgage - 550 Bridgeton Pike, Mantua, NJ 08051 - 1810 Springdale Road, Cherry Hill, NJ 08003

Licensed by the NJ Department of Banking and Insurance

Can I Qualify for a Mortgage with a Large Collection/Derogatory Debt on My Credit?

Mon, 23 Aug 2010 22:38:10 -0700

Can I Qualify for a Mortgage with a Large Collection/Derogatory Debt on My Credit?

Can a home buyer qualify for a mortgage with a large collection-type account on their credit, such as a car repossession or a judgment? And if so, does the buyer have to pay it off before settlement?

The answer is YES a buyer may qualify for a mortgage with a large derogatory/collection account on their credit report. If the buyer has to pay it off before or at settlement (or not at all) mainly depends on the underwriter/lender.

When it comes to a collection-type account, lenders will vary as to what exactly has to be done to qualify for a mortgage. Some loan officers will tell a buyer to pay off all collection accounts or anything at all derogatory on their credit. This can at times be some of the worst advice for a home buyer. Here is why ...

Paying off a collection account can drop your credit score, and we are talking A LOT of points.
Not all collections/judgments (etc.) are required to be paid off.

Buyers: Get approved FIRST - Then see what the requirements are to go to settlement. Even if a lender requires an account to be paid off, it can almost always be paid at settlement. This is better for the buyer as they can save the money required and it won't drop their credit score before settlement.

There is another potential option: Sometimes a buyer is allowed to bypass paying off the entire collection if they can clearly document satisfactory payments on the account for 12+ months. In this case the monthly payment is calculated into the buyer's monthly installment debts.

TIP: If a loan officer quick looks at your credit report and tells you to pay every collection and/or derogatory account off, and then come back to him/her to get qualified, then you should probably find another loan officer to work with, one who has a much better grasp on the realities of the credit scoring model.

Steve Kappre is a mortgage loan officer in New Jersey. For more info or questions feel free to contact Steve.

NJ First Time Home Buyer
Purchase, refinance, rehab loans
Conventional, FHA, USDA, VA, HMFA, First Time Home Buyer, Police and Fire, Live Where You Work, and more

Call direct @ 856-419-3561 | Subscribe to Steve's blog via e-mail | NJ Loan Officer dot com | NMLS ID: 218007

Treasury Mortgage - 550 Bridgeton Pike, Mantua, NJ 08051 - 1810 Springdale Road, Cherry Hill, NJ 08003

Licensed by the NJ Department of Banking and Insurance

Home Refinance in Gloucester County, NJ

Tue, 24 Aug 2010 16:57:11 -0700

Home Refinance in Gloucester County, NJ

Have you been thinking about refinancing your home? With all of the negative housing industry news lately, it is easy to forget about lowering your housing bills with a refinance. Rates are currently very low and there is a large percentage of home owners who can benefit from a refinance.

Does your math line-up?

You can refinance to save money every month. You can also refinance to change the loan terms. Typically when home owners change loan terms, it is from a 30 to 15 year loan. The reality is that I've met many home owners who's "math" doesn't line up. For example, I may ask them when they plan to retire. They answer, "in 10 years", but the facts are that their mortgage will last for the next 30 years, and they can't afford to comfortably make the mortgage payments on their "retired income" (in 10 years).

As the saying goes, "You don't know unless you ask!" Should you refinance now? Maybe. The best plan is to talk to someone with access to mortgage rates and options, that can give you sound advice. Talk to a knowledgeable loan officer today. The worst he/she can say is, "Now is not a good time". Conversely they may help you save money, time, and help you properly plan for retirement.

If you would like to talk to a local mortgage loan officer, feel free to call and I'll do my best to point you in the right direction for your personal needs.

Steve Kappre is a mortgage loan officer in New Jersey. Steve is married with 3 children, has lived in South Jersey his whole life and has 10 years experience as a mortgage loan officer. For more info or questions feel free to contact Steve.

NJ First Time Home Buyer
Purchase, refinance, rehab loans
Conventional, FHA, USDA, VA, HMFA, First Time Home Buyer, Police and Fire, Live Where You Work, and more

Call direct @ 856-419-3561 | Subscribe to Steve's blog via e-mail | NJ Loan Officer .com | NMLS ID: 218007

Treasury Mortgage - 550 Bridgeton Pike, Mantua, NJ 08051 - 1810 Springdale Road, Cherry Hill, NJ 08003

Licensed by the NJ Department of Banking and Insurance

NJ HMFA Smart Start Lender - First Time Home Buyer Programs

Sat, 27 Feb 2010 13:54:32 -0800

NJ HMFA Smart Start Lender - First Time Home Buyer Programs

Whether NJ first time home buyers utilize the available programs or not, every home buyer and Realtor need to know about these options. The main program that is offered by HMFA (Housing and Mortgage Finance Agency) of New Jersey is called the Smart Start program.

The Smart Start program is available for first time buyersand allows for down payment assistance or 2, 3, or 4 percent (%) of the loan amount. As an example, if you were financing $100,000, you could receive a grant of up to $4,000. The interest rate changes based on what assistance percentage is chosen.

The assistance can be used for closing costs or a down payment, or both. Often a home buyer with a little money in the bank can keep their money for after settlement and utilize both the down payment assistance program option and seller concessions. This creates a safer environment for a new home buyer as more of their own money can be kept in the bank.

The Smart Start program has income restrictions. As of 2/27/10 a first time buyer can make as much as $85,600 per household, and the limits go up depending on the county and the number of people in the household. (See Chart).

Although HMFA offers this program and many others like it, HMFA does not approve and finance these mortgages themselves, an approved HMFA mortgage lender such as Treasury Mortgage (A Division of Aurora Financial Group) would write, approve, and close these loans. In fact Aurora is one of only two firms that service these loans so you can do everything under one roof, which is better for everyone.

If you or someone you know is a first time home buyer, or if you are a Realtor, you owe it to yourself to know about these programs. They are not for everyone, but they are a wonderful fit for some and can make the first time home buyer experience a great one.

Some other HMFA options are the Tax Prefund Program, Live Where You Work, Police and Fireman's Loan, and more

Lastly, be quite sure to work with a loan officer and lender that are very experienced with this program. If they are not writing HMFA Smart Start loans every month (be sure to ask them) then you are probably dealing with the wrong people!

Call, text, or write for more information or to be pre-approved for these programs.

Steve Kappre is a mortgage loan officer in New Jersey. For more info or questions feel free to contact Steve.

NJ First Time Home Buyer
Purchase, refinance, rehab loans
Conventional, FHA, USDA, VA, HMFA, First Time Home Buyer, Police and Fire, Live Where You Work, and more

Call direct @ 856-419-3561 | Subscribe to Steve's blog via e-mail

Treasury Mortgage - 550 Bridgeton Pike, Mantua, NJ 08051 - 1810 Springdale Road, Cherry Hill, NJ 08003

Licensed by the NJ Department of Banking and Insurance

Don't Blame the Underwriter - Blame the Loan Officer!

Sun, 07 Mar 2010 08:33:44 -0800

Don't Blame the Underwriter - Blame the Loan Officer!

Steve are you out of your mind? Aren't you a loan officer?

There has been recent conversation about underwriting and underwriters and how grossly depraved and wicked they are - denying loans, taking a shotgun to files, stripping them of all their dignity ...

But as a loan officer that is experienced with both the broker side and the banking side of mortgage lending, I am here to say more times than not ...

BLAME THE LOAN OFFICER

We loan officers are on the front lines. It can be wickedly brutal out there. We work our brains and hands to the core to obtain business, and when we finally get the business in the door do you think we would ever admit that we made a mistake? (We all know what the answer should be, as well as the factual answer).

Enter the mythical creature known as the underwriter!!!

(Excerpt from an unknown work of Plato)

"The underwriter was born in the underworld, the offspring of Barney Frank and Michael Moore. (The one pictured above is actually a quite beautiful one). Underwriters are so mean because they never see light, they are fed LOTS OF CRAP, and people want them to be God and approve horrendously looking files that were DOA. "

The reality is as mentioned above. Loan officers more times than not are to blame when "files go wild". But as typical (oh that hurts) salespeople, loan officers think they are never wrong, always right, and you shouldn't question their authority. HOWEVER the mythical underwriter to blame is a wretched, depraved being that lives only to deny potential home owners from ever living the American Dream. After all, if the underwriter is damned to the underworld, he/she is not letting anyone else experience happiness.

WHAT REALITY SHOULD BE

LOAN OFFICERS SHOULD

Set the right expectations from day one
Write REAL pre-approvals
Be in constant communications
Be human
Under promise and over deliver
Take off the "Sales Hat" and be more professional
Be able to admit a mistake
Allow direct contact with underwriters so the truth can be told (yeah right)

REALTORS SHOULD

Proactively provide sales contract and anything else important to the loan officer as fast as possible. (I've had agents send over contracts 2 weeks after being fully executed).
Listen to the loan officers regarding time lines, stipulations, potential pitfalls (assuming the LO does his/her homework)
Attempt to work with the same lenders and get a really good feel and working relationship under their belt (wonderful long term success)
Take initiative for their buyers and sellers and be in constant communication with the loan officer (agents on both sides of the transaction)

We could go on forever with tips and ideas. The fact is that a knowledgeable experienced loan officer is the most important part of the financing wheel ... more important than the underwriter, the lender itself, the appraiser, the rate, the closing costs ... (you get the point). Some of us have learned the hard way ...

Garbage in = Garbage out

Steve Kappre is a mortgage loan officer in New Jersey. For more info or questions feel free to contact Steve.

NJ First Time Home Buyer
Purchase, refinance, rehab loans
Conventional, FHA, USDA, VA, HMFA, First Time Home Buyer, Police and Fire, Live Where You Work, and more

Call direct @ 856-419-3561 | Subscribe to Steve's blog via e-mail

Treasury Mortgage - 550 Bridgeton Pike, Mantua, NJ 08051 - 1810 Springdale Road, Cherry Hill, NJ 08003

Licensed by the NJ Department of Banking and Insurance

Real Estate Professional in Training and YOUR HOME is the Training Ground!!

Mon, 09 Aug 2010 17:04:30 -0700

Real Estate Professional in Training and YOUR HOME is the Training Ground!!

Everyone is a "newbie" at some time. We see managers training the teenager at Taco Bell or the "Student Driver" signs atop of cars. But when was the last time you saw a "Real Estate Professional in Training" badge on a Realtor or loan officer?

Never?

A good real estate company will hold an agent's hand during the "baby" stage. And a good lender will make sure a complete mortgage application is completed for a new loan officer. Sadly what often takes place is a "sink or swim" training method and some poor soul's home purchase is the training ground. We've seen this with both newbie real estate professionals and often with the "I'm using a relative" scenario.

Is it a fair question to ask a professional how many transactions they have completed lately ... this year ... EVER? ABSOLUTELY.

I'm working with a newbie ... I'm scared!

As a home buyer, working with a new agent or loan officer isn't necessarily a curse. Just because a real estate professional is new to the business doesn't mean they have to be new to professionalism! Indeed, some new real estate professionals are years ahead of some of the "dead wood" that has been around for years. (And I would tell some people to their face if they asked!). If a newbie has strong support, you can feel confident they should do a fair job. If they lack support and they are green, then you are rolling the dice and "good luck" with them handling one of the largest transactions of your life.

Real estate transactions are highly detailed. The home buyer should never be the training ground that a new agent or officer learns the ropes on. They might lose a commission check if the transaction doesn't close. A home buyer however may lose a home, a place to stay, a lot of money, or even worse.

As a home buyer, DO NOT be afraid to ask questions upfront and put the professional you choose to work with to the test. Any professional worth your time will welcome the questions and concerns. And that is a fact, because in such a situation, the professional has the oppurtunity to shine, which will help all parties understand one another and work better together.

(Side Notes for the Professional ... As a new agent or loan officer, do not accept a company that treats training as a "put out the fire" situation. If the company you are joining doesn't have a training program written down before you join them, be skeptical about what training you will recieve. Some owners/managers are nothing more than glorified salespeople and are only looking to make money from you. They don't care about your success. Don't line their pockets as you make a bad reputation for yourself.)

Steve Kappre is a mortgage loan officer in New Jersey. For more info or questions feel free to contact Steve.

NJ First Time Home Buyer
Purchase, refinance, rehab loans
Conventional, FHA, USDA, VA, HMFA, First Time Home Buyer, Police and Fire, Live Where You Work, and more

Call direct @ 856-419-3561 | Subscribe to Steve's blog via e-mail | NJ Loan Officer .com | NMLS ID: 218007

Treasury Mortgage - 550 Bridgeton Pike, Mantua, NJ 08051 - 1810 Springdale Road, Cherry Hill, NJ 08003

Licensed by the NJ Department of Banking and Insurance

Reverse Mortgage Scams

Thu, 03 Jun 2010 22:20:14 -0700

Reverse Mortgage Scams

(Alternate title: Dealing with My Stupid Criminal Loan Officer Peers)

I wish I could say that this was a "stupid criminal" situation like Jay Leno loves to see. It is not. If you would like to get really ticked off, read on. I received a call two days ago from a reverse mortgage client of mine. They closed about a year ago. Mr. Jones (as we will call him) called me to ask me this question:

"I recieved a call today from a loan officer. He said that the mortgage company that we closed our loan with went out of business, and that we need to sign new paperwork. He said he was going to send us a new mortgage package. He told us to just sign everything and send it back. Is this right and should we sign?"

Does it make you start to wonder how many seniors are scammed this way?

Just in case you are wondering, once a loan is closed, you can have 1,000 banks go out of business. YOU DON'T NEED to resign anything. This scenario above is a complete scam. And I hope it makes you as irrate as it makes me!

One would hope that after all the industry changes in the past year that the scum in this business would be gone. Nope. They just have invented new ways to crush someone to make a fast buck.

The great news is that Mr. Jones still had my number handy and called me first. That move just saved him $1,000's plus massive heartache. (the LAST thing a senior in his late 70's needs!!) I plan to have Mr. Jones tell the loan officer to send that new loan package out, so that I can then go personally pick it up, and forward the same scenario to any and every banking official I can get a hold of.

Steve Kappre is a mortgage loan officer in New Jersey. For more info or questions feel free to contact Steve.

NJ First Time Home Buyer
Purchase, refinance, rehab loans
Conventional, FHA, USDA, VA, HMFA, First Time Home Buyer, Police and Fire, Live Where You Work, and more

Call direct @ 856-419-3561 | Subscribe to Steve's blog via e-mail | NJ Loan Officer .com | NMLS ID: 218007

Treasury Mortgage - 550 Bridgeton Pike, Mantua, NJ 08051 - 1810 Springdale Road, Cherry Hill, NJ 08003

Licensed by the NJ Department of Banking and Insurance

New Jersey First Time Home Buyer Programs and Options

Sat, 29 May 2010 11:23:23 -0700

New Jersey Housing and Mortgage Finance Agency (NJHMFA) mortgage interest rates as of May 10, 2010. This includes the Smart Start NJ First Time Home Buyer Program.

Smart Start allows a home buyer to obtain the required downpayment for an FHA loan. As an example, a home buyer purchase a home for $100,000. Their required down payment would be 3.5% (or $3,500). In this situation their loan amount would be $96,500. The Smart Start program offers the buyer 4% of the loan amount or in this case $3,860. ($96,500 x 4%). This covers all of the required down payment for an FHA loan and even puts some money towards the closing costs (which the seller can pay the rest if negotiated correctly).

First Time Home Buyer 30 Year Term

5.250% - First Mortgage with no Smart Start assistance

5.625% - First Mortgage with 2% Smart Start assistance

5.750% - First Mortgage with 3% Smart Start assistance

6.000% - First Mortgage with 4% Smart Start assistance

The 40 year team requires an additional add-on of .125%

Home Plus

5.625 with 3 points

Purchase/Rehabilitation Mortgage Program

5.625 with 3 points

Other NJHMFA options include Police and Fire Loans and Live Where You Work. Steve Kappre and Treasury Mortgage are an approved and servicer of NJHMFA Smart Start loans.

Steve Kappre is a mortgage loan officer in New Jersey. For more info or questions feel free to contact Steve.

NJ First Time Home Buyer
Purchase, refinance, rehab loans
Conventional, FHA, USDA, VA, HMFA, First Time Home Buyer, Police and Fire, Live Where You Work, and more

Call direct @ 856-419-3561 | Subscribe to Steve's blog via e-mail | NJ Loan Officer .com | NMLS ID: 218007

Treasury Mortgage - 550 Bridgeton Pike, Mantua, NJ 08051 - 1810 Springdale Road, Cherry Hill, NJ 08003

Licensed by the NJ Department of Banking and Insurance

NJ First Time Home Buyer Program Income Limits

Thu, 27 May 2010 22:24:01 -0700

Smart Start and other NJ Housing and Mortgage Finance Agency options have a strong place in the real estate market in South Jersey, and these are great loans for NJ First Time Home Buyers, Police and Fire loans, Live Where You Work, and more. As you can see the income limits are rather generous and allow the majority of first time home buyers to have down payment assistance options. Indeed, most first time buyers can get into a home and can recieve funds to cover the entire down payment needed (as is the case of a 3.5% down payment requirement for an FHA loan).

You must work with an approved lender (like Treasury Mortgage) for this option, and the mortgage and the assistance program are all one program and must be utilized as such.

Via Andrea Kappre, Gloucester County Realtor | Real Estate Agent | Homes for Sale (Century 21 Hughes-Riggs Real Estate Company):

NJ First Time Home Buyer Program Income Limits

The State of New Jersey has raised the income limits by several thousand dollars for their First Time Home Buyer Mortgage Program (NJ HMFA Smart Start Program). The income limits are even higher for households with three or more members. A great amount of the NJ population can benefit from this program to assist them in purchasing their first home.

For more information about NJ First Time Home Buyer Assistance Programs or about Gloucester County Home Buyer Assistance Programs contact Andrea Kappre at 856-419-3560 or andreakappre@yahoo.com.

Andrea Kappre is a Realtor in Gloucester County NJ, helping buyers and sellers to successfully accomplish their real estate goals. For your own customized MLS search of homes for sale in Gloucester, Salem or Camden County or other South Jersey areas, Click the Search the MLS link below or call or e-mail Andrea Kappre now. You can visit Andrea on the web at www.AndreaKappre.com

Contact Andrea Kappre at 856-419-3560 or AndreaKappre@yahoo.com

Treasury Mortgage - 550 Bridgeton Pike, Mantua, NJ 08051 - 1810 Springdale Road, Cherry Hill, NJ 08003

Licensed by the NJ Department of Banking and Insurance

South Jersey Real Estate Professionals: Handling the Delicate Home Buying Process with Confidence

Thu, 01 Apr 2010 00:00:48 -0700

Steve Kappre is a mortgage loan officer in New Jersey. For more info or questions feel free to contact Steve.

NJ First Time Home Buyer
Purchase, refinance, rehab loans
Conventional, FHA, USDA, VA, HMFA, First Time Home Buyer, Police and Fire, Live Where You Work, and more

Call direct @ 856-419-3561 | Subscribe to Steve's blog via e-mail | NJ Loan Officer .com

Treasury Mortgage - 550 Bridgeton Pike, Mantua, NJ 08051 - 1810 Springdale Road, Cherry Hill, NJ 08003

Licensed by the NJ Department of Banking and Insurance

Gloucester County Realtor and Loan Officer Team

Wed, 31 Mar 2010 23:12:16 -0700

Steve Kappre is a mortgage loan officer in New Jersey. For more info or questions feel free to contact Steve.

NJ First Time Home Buyer
Purchase, refinance, rehab loans
Conventional, FHA, USDA, VA, HMFA, First Time Home Buyer, Police and Fire, Live Where You Work, and more

Call direct @ 856-419-3561 | Subscribe to Steve's blog via e-mail | NJ Loan Officer .com

Treasury Mortgage - 550 Bridgeton Pike, Mantua, NJ 08051 - 1810 Springdale Road, Cherry Hill, NJ 08003

Licensed by the NJ Department of Banking and Insurance

Amherst Farms in Mickleton | Gloucester County, NJ | 4+ Bedroom Homes, Large Yards, Perfect Location

Mon, 29 Mar 2010 22:58:33 -0700

Amherst Farms in Mickleton | Gloucester County, NJ | 4+ Bedroom Homes, Large Yards, Perfect Location

If you are looking for a great place to live in Gloucester County, with perfect access to 295, Delaware, and Philly, but just far enough away from it all, check out Amherst Farms in Mickleton, NJ (Gloucester County).

Located in a more private setting with large yards, these 4+ bedroom homes are only a few years old and have the kind of accents and appointments that higher-end homes require; Molding and trim through-out the entire house, 2-story family rooms, English and walk-out basement options, acre lots, wooded settings, sunrooms, 2-3 car garages and more.

There is a huge common area complete with playsets for younger kids, a large walking path, a backstop and over-sized baseball field, and a huge wooden bridge over a beautiful stream area complete with the wildlife you would expect to find in a more rural setting.

All pictures on this page were taken at some area of Amherst Farms. The majority of the wildlife pictures were taken in front or back yards, except for the turtle (who was just outside the development trying to "cross the street"!)

All pictures taken by Steve Kappre

Steve Kappre is a mortgage loan officer in New Jersey. For more info or questions feel free to contact Steve.

NJ First Time Home Buyer
Purchase, refinance, rehab loans
Conventional, FHA, USDA, VA, HMFA, First Time Home Buyer, Police and Fire, Live Where You Work, and more

Call direct @ 856-419-3561 | Subscribe to Steve's blog via e-mail | NJ Loan Officer .com

Treasury Mortgage - 550 Bridgeton Pike, Mantua, NJ 08051 - 1810 Springdale Road, Cherry Hill, NJ 08003

Licensed by the NJ Department of Banking and Insurance

Home for Sale in Cherry Hill, NJ (Camden County) | 4 Bedroom Newly Renovated Colonial | For Sale By Owner

Tue, 30 Mar 2010 19:32:17 -0700

Home for Sale in Cherry Hill, NJ (Camden County) | 4 Bedroom Newly Renovated Colonial | For Sale By Owner

Put this one on your list of homes to see! Two story colonial that is newly renovated with 4 Bedrooms, 2.5 Baths, 2 car garage, Central Air and Heat and more! Call for a tour today.

1909 Birchwood Park Drive North

Cherry Hill, NJ 08003

Two Story Colonial Newly Renovated

Home Photo Gallery Virtual Tour Property Map Payment Info Request Showing Contact Me

Richard DeGrace

Daytime:609-209-3700 Evening:609-209-3700 eMail:Contact

Price : $324,900 Bedrooms : 4 Bathrooms : 2.5 Community : Point of Woods County : Camden Property Type : FSBO

click for more information and pictures

Property Description Lovely 4 bedrooms, 2.5 bath Colonial home has just been renovated. New Eat in Kitchen with a sliding door to the large, fenced in back yard. The family room has a fireplace with a full brick wall and mantel. This home also has a formal dining room and living room. New bathrooms with ceramic tile. On the second level this home has plenty of space for your family with generously sized bedrooms and large master suite with private bath. The full finished basement is also a great area for the family. Other amenities include a large laundry room/office, 2 car garage, central air and gas heat.

Features List

NEW KITCHEN

NEW BATHROOMS

KITCHEN GRANITE

FOUR BEDROOMS

2.5 BATHS

FENCED IN YARD

TWO CAR GARAGE

FIREPLACE

FINISHED BASEMENT

GAS HEAT

CENTRAL AIR

CERAMIC TILE BATHS

NEW CARPETS

NEW WINDOWS

NEW SIDING Equal Housing Opportunity.

Treasury Mortgage - 550 Bridgeton Pike, Mantua, NJ 08051 - 1810 Springdale Road, Cherry Hill, NJ 08003

Licensed by the NJ Department of Banking and Insurance

Home For Sale By Owner in Mickleton, NJ - Amherst Farms (East Greenwich)

Sun, 28 Mar 2010 21:01:32 -0700

Home For Sale By Owner in Mickleton, NJ - Amherst Farms (East Greenwich) Looking for a property that screams location, location, location? Here is an opportunity to own a 4-bedroom home in Mickleton New Jersey. Just 3 years old and ready to move in!

200 Hopkins Road

Mickleton, NJ 08056

For Sale By Owner in Amherst Farms, Mickleton, NJ

Home Photo Gallery Virtual Tour Property Map Payment Info Request Showing Contact Me

Steve

Daytime:856-419-3561 Evening:856-419-3561 eMail:Contact

Price : $599,000 Bedrooms : 4 Bathrooms : 3.5 Square Foot : 4,200 Lot Size : 32,670 Community : Amherst Farms County : Gloucester Property Type : FSBO Year Built : 2007

click for more information and pictures

Property Description 2 story home with walk out basement on wooded premium lot. Property backs up to preserved land with enourmous yard and mature trees. Quiet street located conveniently close to 295 with easy commute to Philly and Delaware. Gourmet kitchen with 42" maple cabinets, double oven, corian, large center island, and walk-in pantry. Separate laundry room. There is rough plumbing in the unfinished basement for a full bath. Storage galore in the huge basement (approx. 2,000 sq.ft). Double-hung windows t/o entire home. Two car side-entry garage with insulated door. Call for a tour. Features List

4 Bedrooms

3.5 bath

Full Basement

Florida Room

Sunroom

Gourmet Kitchen

Princess Suite

Jack-n-Jill Bath

Master Suite

2-Story Family Room

Fireplace

2-Story Foyer

Hardwood Floors

3 Zone Heat/AC

1st Floor Office

Crown Molding t/o

Wainscotting

Walk-out Basement

Family Room

Living Room

Formal Dining Room Equal Housing Opportunity.

Treasury Mortgage - 550 Bridgeton Pike, Mantua, NJ 08051 - 1810 Springdale Road, Cherry Hill, NJ 08003

Licensed by the NJ Department of Banking and Insurance

New Jersey Mortgage and Home Loan Information

Gloucester County First Time Home Buyer Assistance Program: Update

Gloucester County First Time Home Buyer Assistance Program: Update

Understanding Seller Concessions | Seller Paid Closing Costs | Seller Contributions | Seller Assist

Clarifying Terms

How much can I ask for in seller concessions?

How do I calculate the seller concessions?

What can seller concessions cover?

What is NOT Seller Concessions?

Am I paying more for a home if I use seller concessions?

Ways to utilize seller concessions for your benefit

Conclusion

Steve Kappre is a Mortgage Planner with Treasury Mortgage. Steve specializes in;

• All areas concerning First-Time Home Buyer Mortgages, grants, down payment assistance, police and fire loans, rehab loans, and more.

• Reverse Mortgages

• Equity Management strategies for high-end homes and high net worth individuals.

Contact Steve Kappre directly at 856-419-3561 or at www.stevekappre.com Treasury Mortgage - 550 Bridgeton Pike, Mantua, NJ 08051 - 1810 Springdale Road, Cherry Hill, NJ 08003 Licensed by the NJ Department of Banking and Insurance

Can I Qualify for a Mortgage with a Large Collection/Derogatory Debt on My Credit?

Can I Qualify for a Mortgage with a Large Collection/Derogatory Debt on My Credit?

Home Refinance in Gloucester County, NJ

Home Refinance in Gloucester County, NJ

Does your math line-up?

NJ HMFA Smart Start Lender - First Time Home Buyer Programs

NJ HMFA Smart Start Lender - First Time Home Buyer Programs

Call, text, or write for more information or to be pre-approved for these programs.

Don't Blame the Underwriter - Blame the Loan Officer!

Don't Blame the Underwriter - Blame the Loan Officer!

Steve are you out of your mind? Aren't you a loan officer?

BLAME THE LOAN OFFICER

WHAT REALITY SHOULD BE

Garbage in = Garbage out

Real Estate Professional in Training and YOUR HOME is the Training Ground!!

Real Estate Professional in Training and YOUR HOME is the Training Ground!!

Never?

I'm working with a newbie ... I'm scared!

Reverse Mortgage Scams

Reverse Mortgage Scams

(Alternate title: Dealing with My Stupid Criminal Loan Officer Peers)

New Jersey First Time Home Buyer Programs and Options

New Jersey Housing and Mortgage Finance Agency (NJHMFA) mortgage interest rates as of May 10, 2010. This includes the Smart Start NJ First Time Home Buyer Program.

NJ First Time Home Buyer Program Income Limits

NJ First Time Home Buyer Program Income Limits

South Jersey Real Estate Professionals: Handling the Delicate Home Buying Process with Confidence

Gloucester County Realtor and Loan Officer Team

Amherst Farms in Mickleton | Gloucester County, NJ | 4+ Bedroom Homes, Large Yards, Perfect Location

Amherst Farms in Mickleton | Gloucester County, NJ | 4+ Bedroom Homes, Large Yards, Perfect Location

If you are looking for a great place to live in Gloucester County, with perfect access to 295, Delaware, and Philly, but just far enough away from it all, check out Amherst Farms in Mickleton, NJ (Gloucester County).

There is a huge common area complete with playsets for younger kids, a large walking path, a backstop and over-sized baseball field, and a huge wooden bridge over a beautiful stream area complete with the wildlife you would expect to find in a more rural setting.

All pictures on this page were taken at some area of Amherst Farms. The majority of the wildlife pictures were taken in front or back yards, except for the turtle (who was just outside the development trying to "cross the street"!)

Home for Sale in Cherry Hill, NJ (Camden County) | 4 Bedroom Newly Renovated Colonial | For Sale By Owner

Home for Sale in Cherry Hill, NJ (Camden County) | 4 Bedroom Newly Renovated Colonial | For Sale By Owner

Put this one on your list of homes to see! Two story colonial that is newly renovated with 4 Bedrooms, 2.5 Baths, 2 car garage, Central Air and Heat and more! Call for a tour today.

Home For Sale By Owner in Mickleton, NJ - Amherst Farms (East Greenwich)

Home For Sale By Owner in Mickleton, NJ - Amherst Farms (East Greenwich) Looking for a property that screams location, location, location? Here is an opportunity to own a 4-bedroom home in Mickleton New Jersey. Just 3 years old and ready to move in!

Contact Steve Kappre directly at 856-419-3561 or at www.stevekappre.com

Treasury Mortgage - 550 Bridgeton Pike, Mantua, NJ 08051 - 1810 Springdale Road, Cherry Hill, NJ 08003

Licensed by the NJ Department of Banking and Insurance