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Updated about 6 years ago on . Most recent reply

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2
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Jose Nunez
2
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19
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Combining Fha loan with an assistance program in NJ?

Jose Nunez
Posted

Hey everyone, hopefully I'm in the write forum. I don't have much cash, but I want to get into a fourplex. So i figured an Fha loan would be my best option. But here in NJ, where I currently live and am planning to buy the property in, has Njhmfa assistance program that I was interested in. My question is, am I able to combine the two? If not, it's there any other programs that assist in down-payment help that I can combine with an Fha loan? Thanks in advance..

Most Popular Reply

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252
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143
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Stephen Kappre
  • Real Estate Agent
  • South Jersey
143
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252
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Stephen Kappre
  • Real Estate Agent
  • South Jersey
Replied

@jose 

@Jose Nunez this is some great stuff. Looking forward to seeing this pan out on a multi family. There are also other grant programs, such as through various counties, but with many of these you might be hitting income or purchase price limits. Be sure to work with a lender that not only does these loans but does them really well. 

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