Burlington-Camden County NJ Real Estate

Mortgage Rates 1-26-2009

Posted at 10:33 AM, Jan. 29, 2009

RedWood Mortgage Company

Susan Lange

(800) 354-9554

"We are what we repeatedly do. Excellence then, is not an act, but a habit." -Aristotle

FHA

30 Year Fixed

New FHA Loan Limts by county for 2009

Camden, Burlington and Gloucester Counties $ 379,500; Atlantic $316,250;

Cumberland $271,050; Cape May $414,000; Ocean $625,500; Salem $379,500

Minimum down payment is now 3.5%

Seller assist up to 6% still permitted

5.5 % +.5 pts 5.00% + 1.5 pts 4.50%. + 3 pts

Conventional

30 Year 20 year 15 Year

100% Financing Programs

Financing for qualified properties and borrowers; Seller assist for all closing costs and repairs!

USDA RD Loans

VA

Smart Start Programs

4.5 + 2 pts 4.375% + 2 pts 4.25%+ 2 pts.

Investor Loans

20% down 5.75% + 3 pts

25% down 5.75 + 2pts

Jumbo Financing

30 Yr fixed 5/1 ARM 7/1 ARM

6.75 + 1 pts 5.25 + 0 pts 5.50 + 0 pts

Financial services provided by dedicated mortgage professionals

Committed to exceeding all expectations

Susan Lange

(856) 296-7911

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