Mobile Mortgage News

New Jersey FHA Mortgage and the $8,000 Tax Credit as Part of Your Down Payment

posted 155 weeks ago on FHA Mortgage Blog

Ocean County and Monmouth County, NJ First Time Home Buyers that utilize a NJ FHA mortgage may also be eligible to use the $8,000 First Time Home Buyer Tax Credit as part of their down payment at closing. Key points about the announcement: Home Buyers must still have 3.5% of the down payment from their own funds.  [...]
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