Jerseyans take great pride in the little Garden State. You can feasibly climb mountains, hike the wilderness of the Pine Barrens, lay beachside, or even shop in New York City! With a backyard sharing the Empire State building and the Liberty Bell, homeowners get the best of many worlds!
If you’re looking to buy a home in New Jersey, start your mortgage application now, and you can have a pre-approval letter in hand when you’re touring homes!
Already a New Jersey homeowner? We can also help with mortgage refinancing!
New Jersey mortgage rates and trends
In large part due to COVID-19, we saw national mortgage rates drop to all-time lows. As a result, millions of Americans have been taking advantage of low borrowing costs.
Mortgage rates followed that trend in New Jersey, but are beginning to rise. Regardless, by historical standards, rates remain low. So, regardless of when you took out a mortgage, it's in your best interest to take advantage of a free mortgage review with a trustworthy lender. Getting a lower rate could mean hundreds of dollars in monthly savings.
Among the factors that can impact a borrower’s mortgage rate is the debt-to-income ratio and credit scores. To get the best rate, talk with an experienced lender who knows what it takes to get you into your ideal loan program. Contact American Financing and let us guide you through one of our New Jersey home mortgages, including FHA, VA, Conventional, USDA, and more.
Down payment assistance
There are some homebuyers who may qualify for down payment assistance. So, if you’re looking to purchase a New Jersey home, let us help you understand what options and grants* might be available to you.
Be sure to ask about:
Forgivable and non-forgivable second mortgages
Dream Makers Grant
First-time home buyer incentives
Closing cost assistance
*Actual assistance amount may vary based on purchase city, credit score, and other financial requirements. Down payment assistance programs are at the city and/or state level, and they are not funded by American Financing. A homebuyer education course may need to be completed prior to applying.
Check with an American Financing mortgage consultant about funding today!
Refinancing your mortgage
Is your monthly mortgage payment or interest rate too high?
Do you have high-interest debt holding you back?
Do you want to be mortgage-free sooner?
If you answered yes to any of these questions, then now’s the time to schedule a free mortgage review with one of our New Jersey mortgage consultants. Learn about the benefits of mortgage refinancing, and you could be looking at up to $1,000 a month in savings. When working with American Financing, you can choose any loan term you need ten years and over! Just call a mortgage consultant to learn more.
Why American Financing?
We’re dedicated to making homeownership affordable with competitive mortgage rates and no upfront fees. Our dedicated mortgage consultants work hard to customize the right loan program for your financial goals. As a national mortgage lender, we make it easy and fast for you to complete most of the lending process online.
We take the time to get to know you first, and then customize a loan program to fit your needs and budget. Even after closing, we’re always available to answer any mortgage-related questions you might have. We can also help with refinancing to a better rate or to get cash out to fund home improvement projects or pay off high-interest debt. After all, this is not just a transaction. We see you as more than just a loan. So, here’s to the start of a lifelong relationship!
Let’s build your home loan together
Get the conversation started with a New Jersey mortgage consultant by calling (866) 885-1079. While offering the best service, lowest rates, and fastest closings, we’ll customize any loan in the industry. We look forward to showing you how simple the mortgage refinancing or new home purchase process can be!
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