New Jersey (NJ) VA Home Loans
Are you a veteran interested in purchasing or refinancing a home in Newark, Jersey City, Elizabeth, Paterson or elsewhere in New Jersey? Home Point Financial proudly offers New Jersey VA Loans to American Veterans. NJ VA Loans are available to veterans, active duty service members, US National Guard and reserve members, surviving spouses and others seeking home ownership in New Jersey.
Requirements and Eligibility for New Jersey VA Loans
- Eligible for NJ homes which the qualified borrower is going to occupy
- Good credit score
- Sufficient income
- Valid Certificate of Eligibility
VA Loans (New Jersey) – Benefits and Features
- Down payment is not required for New Jersey VA Loans
- No prepayment penalties
- No private mortgage insurance to pay each month
- New Jersey VA Loan closing costs can be paid by the seller
- NJ loans are assumable by qualified borrowers
- Veteran may reuse entitlements
There are a number of VA Loan programs in New Jersey including New Jersey Purchase Loans, Cash-Out Refinance, etc. Apply now or contact Home Point Financial’s loan specialists to learn more about VA Loans in New Jersey.
