I see, from your other question, that you are looking at a specific home in Clayton that is a fixer upper or Handyman special. Depending on the condition you may be able to get a USDA loan that requires NO MONEY DOWN, let me say that again, NO MONEY DOWN. There are not many places today that you can buy a home with no money down. Normally, you could ask for closing cost assistance, but this being a short sale that may not be possible. There is also an FHA 403K loan that allows you to include repair costs in your loan, but carries a higher percentage rate than a regular FHA loan. Gloucester County does have some money available to help with the closing costs also, but there are income limits as there are with the USDA program. There is also a program by the State of NJ, called Smart Start, for 1st time home buyers. I work with a great mortgage person that can help you sort through your options. Check out my website and call me with any other questions you might have.