New Jersey Real Estate

The New Jersey real estate market is coming to a stand still and there is too much competition for sellers. The days of buying a New Jersey home today and selling it for 50 grand tomorrow are over. I say "hallelujah"! Too much competition means you get a better deal, because people have to cut the prices of their current New Jersey homes in order to sell them, even if they are priced right. I call it the new retirement plan. Purchase investment property and hold it. Rent it

People will always need a place to live, regardless of what direction real estate may take us. If you buy the right property at the right price, instead of flipping, rent it. Have someone else pay your New Jersey home mortgage for you. When you are ready to sell your property, then you will have built equity into a property you did not pay a penny for. There is even 100% financing available for certain investment properties and borrowers! Why are you not taking advantage of that?

New Jersey Mortgage Rates and Home Loans

• - FHA

  If you have a low down payment, imperfect credit, or currently have a NJ –FHA mortgage and are looking to get a streamlined refinance to lower your rate. Goldcoast Mortgage can provide the best options for you and your family. We match you with the best lender that is perfect for your situation.

• - VA Loans

  Here is just a few of the many benefits of choosing a VA Home Loan:

  • No down payment required
  • No mortgage insurance
  • Easier qualification standards
  • Credit and income standards are not as strict
  • No prepayment penalties

   

• - Reverse Mortgage

  A Reverse Mortgage will give you the financial freedom to do the things you’ve always wanted to do. Pay off your mortgage, travel, pay for medicals bills, supplement your income or improve your home, you’ll find endless possibilities by unlocking the equity you’ve earned in your home.
  A Reverse Mortgage transforms the equity in your home into cash. So instead of making monthly payments, you can receive them and you stay in your home as long as you like

   

• - Hard Money

  Hard Money loans provide a short term, higher interest rate loan with quick and easy options to meet your timely real estate needs.

• - Loan Modification

Load Modification is a permanent change in one or more of the terms of a mortgagor’s loan. It allows the loan to be reinstated and results in a payment the mortgagor can afford.

•  

New Jersey Mortgage Rates
30 Yr Fixed	6.125%
15 Yr Fixed	5.875%
3/1 SRM	5.625%
5/1 ARM	5.625%
30 Yr Fixed Jumbo	6.375%
20 Yr Fixed	5.875%