NJ First-Time Home Buyers


100% Financing in Gloucester County, NJ

100% Financing in Gloucester County, NJ

Gloucester County Mortgage 100% Financing - Steve KappreThere are 100% financing options available in this current market. 100% financing is available to many buyers, not just first time buyers. And the rates are great, often the same rate as a conventional or FHA mortgages, sometimes even lower.

There are additional benefits to this 100% financing loan, including the option to have the seller pay some or even all of your closing costs. In a typical purchase transaction, one that is negotiated and structured by a good Realtor and mortgage professional, you will end up needing little money when all is said and done.

Some Things to Expect

There are some items that you will have to pay for upfront, and these typically include: An appraisal (@$350), a deposit when you come to terms regarding a purchase price on a home (@$500-$3,000+), a pest inspection (@$55), and a home inspection (@$300-$400) if you choose to have one. So estimate to need at least $900 of your own money to start.

If negotiated and structured well, you can actually go to settlement and get most or all of your money back. It isn't magic - you just need to work with well experienced professionals. If you are looking to buy a home in the South Jersey area and/or Gloucester County, feel free to contact Steve Kappre by e-mail, phone, or text.

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Steve Kappre is a Mortgage Planner and lends in all 50 states, locally serving South Jersey’s Gloucester, Camden, and Salem County. Steve specializes in;

• All areas concerning First-Time Home Buyer Mortgages, grants, down payment assistance, police and fire loans, rehab loans, and more.

Reverse Mortgages

• Equity Management strategies for high-end homes and high net worth individuals.

Contact Steve Kappre directly at 856-419-3561 or at www.stevekappre.com

Comment balloon 4 commentsStephen Kappre • May 30 2009 11:24PM


We closed a purchase last Thursday.A 100% USDA loan and my buyers had to bring a whopping 237.00 to close. Great post to educate the buyers.

Posted by Chip Jefferson (Gibbs Realty and Auction Company) about 11 years ago

Wow ! .... That's a pretty easy to understand presentation of 100% financing !

... and looks like a viable product for the right clientelle.

Nicely done Steve !


Posted by Sheldon Neal, That British Agent Bergen County NJ (Bergen County, NJ - RE/MAX Real Estate Limited) about 11 years ago

Steve is this a USDA loan or some other product. Good to spread the word none the less.

Posted by Bill Gassett, Metrowest Massachusetts Real Estate (RE/MAX Executive Realty) about 11 years ago

Laura - Gotta love it!

Sheldon - thanks

Bill - This is USDA, altough we have other options including grant programs that can technically go above 100% financing.

Posted by Stephen Kappre, Helping You Home (KW Hometown) almost 11 years ago

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