Financing in Bayonne : Advice

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Sean Thompson, Real Estate Pro in New Jersey
Sean Thompson answered:
I am seeking a lender that has used a MCC tax credit with a 203 k loan before. I live and am seeking to buy a 2 family house in Bayonne, nj .
I am familiar with both programs. Reach out to me at 732-672-5243.

0 votes Share Flag Tue Oct 1, 2013 Financing in Bayonne
Jonathan D.…, Real Estate Pro in 07470
Jonathan D. Joachim answered:
Are there any tax credits or benefits for first time home buyers? I live and plan to buy a multiunit house with a 203(k) loan in bayonne ,N.J.
The MCC program is designed to help first-time homebuyers offset a portion of their mortgage interest on a new mortgage as a way to help homebuyers qualify for a loan. Because it is a t ... more
0 votes Share Flag Fri Sep 27, 2013 Financing in Bayonne
Sean Thompson, Real Estate Pro in New Jersey
Sean Thompson answered:
is rental income considered when applying for a 203k loan to purchase a 2 family home? property will be vacant at the time of purchase
Absolutely! 85% of it. Feel free to give me a call to discuss further.

Sean Thompson
0 votes Share Flag Mon Sep 23, 2013 Financing in Bayonne
Renee, Real Estate Pro in 07002
Renee answered:
IS THERE A CHARGE TO THE OWNER FOR A LISTING. $1800 / 2br - Apartment in a 2 family home located BAYONNE
No. but it will move faster if the owner pays at least half the fee. If the owner offers amenities and extras that entices a bit more.
0 votes Share Flag Wed Apr 20, 2011 Financing in 07002
Jerry Barker, Real Estate Pro in Atlantic City, NJ
Jerry Barker answered:
Cosigner getting divorced, does it affect the primary party?
It's probably best to finish the divorce first in case it becomes an asset that has to be split up as part of the divorce. Your best bet really is to discuss this with your divorce ... more
0 votes Share Flag Tue Feb 22, 2011 Financing in 07002
Ruth Bonapace, Real Estate Pro in 07030
Ruth Bonapace answered:
I’m currently under a contract and my bank did not approve my loan in the last minute,
I recently joined Trulia and I am a mortgage professional who does a lot of work in Bayonne and other areas of Hudson County. I am assuming you've gotten this straightened out by now, ... more
0 votes Share Flag Wed Apr 15, 2009 Financing in 07002
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