No one will argue that in our current economy, getting an FHA insured mortgage in New Jersey is a much easier feat than getting approval for a conventional loan. Standard conventional programs under Fannie Mae and Freddie Mac have a multitude of conditions borrowers must meet – and they can be tough. But even though [...]
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Who says serving a life sentence doesn’t come with perks? Despite being in prison, nearly 1,300 inmates wrongly received more than $9 million in new homebuyer tax credits. After all, isn’t it possible to buy a home while you are in the slammer? Is this a qualification exclusion that the guidelines neglected to mention? Not only did 1,300 [...]
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