Bloomfield, NJ

FHA 203K Loan / Lender - Smooth Transaction Guarantee! - Bloomfield, New Jersey

Brent Kluge & Group is the leading FHA 203K lender in the Mid Atlantic for a reason... Service!
What you get when you finance your FHA 203k renovation project with Brent & Team:

• 16 Years of Renovation Mortgage Finance
• Communication & Clarity on Process, Costs and Expectations
• Experience looking out for your best interests throughout the entire process
  
• We check your renovation numbers to ensure you are NOT being overcharged!
• Brent Calls Balls/Strikes with all parties to PROTECT YOUR INTERESTS.

Check out Brent's website for further details:

Check Out our list of Satisfied Customers and what they have to say about Brent Kluge & Group.


The FHA 203K mortgage requires action early in the process to set the stage for proper transaction flow...


A phone call for a discussion about your project costs nothing... but you could save thousands.

Bloomfield, NJ Homeowners get up to $15,000 in home repairs with a forgivable, ZERO payment and ZERO interest loan!

If you own a home in Bloomfield New Jersey and need to make repairs and/or home improvements, Bloomfield's Residential Rehabilitation Program may be able to assist you with its ZERO payment and ZERO interest loan!

The Residential Rehabilitation Program is funded through the Community Development Block Grant Program providing forgivable loans with ZERO payments and ZERO interest to low/moderate income Bloomfield homeowners who occupy a single family and/or 2 or 3 family homes, whose property taxes are current and who meet the income guidelines of:

*Income limits subject to change*

Bloomfield's Rehabilation Program allows Bloomfield homeowner make repairs up to $15,000 and up to $10,000 in an owner occupied 2 or 3 family house.

DOES THE LOAN NEED TO BE PAID BACK? NO. If you stay in your home for the next 10 years, the loan is forgiven with no repayment required.

CAN I SELL MY HOME AFTER THE REPAIRS? YES but IF you sell your home during the 10 year period, then the you MUST PAYOFF the amount you borrowed, interest free.

RENTAL UNITS improved under the Program must be rented at affordable rents to low/moderate income families for the 10 year period.

Examples of eligible home improvements may include heating, roofing, plumbing, electrical, foundations, violation abatement, lead paint remediation and windows.

Bloomfield homeowners can get up to $15,000 for home improvements with a forgivable, ZERO payment and ZERO interest loan! For more information and/or to apply visit Bloomfield Township Residential Rehabilitation Program. CGP&H administers municipal and county sponsored home improvement programs that service numerous towns throughout New Jersey and Pennsylvania.

Roof Window and Electric Outlet Photo credit: http://www.bigfoto.com

SHORT SALES IN BLOOMFIELD - WHAT YOU SHOULD KNOW

A Short Sale as it pertains to real estate is a sale that does not fully satisfy the debts/liens that encumber the property being sold. Most commonly, it results in the lender or lenders who have a mortgage or mortgages on the subject property being paid less than what is owed on the property.

Short Sales can be confusing to the untrained professional, but I have had great success in getting short sales approved, saving clients' credit from more serious damage, preventing bankruptcy and getting the approval quickly!

I am a certified SFR, Short Sale & Foreclosure Resource Specialist in Bloomfield Call me at (862) 228-0554 to schedule a free, no obligation consultation.

Every homeowner is different, and there are a unique set of circumstances with every property. I use these factors, along with others, to make a compelling argument to the lender or lenders and get your Short Sale approved, I also work with a Local Attorney that knows how to handle the short sale process.

A Short Sale can be a viable solution for distressed homeowners. Here are a few Short Sale facts you might not be aware of:

• All of my fees are paid by your lender - you pay nothing out of pocket
• If negotiated properly, your lender may offer you money to help with moving expenses
• You can avoid bankruptcy, foreclosure & permanent damage to your credit
• You can walk away owing nothing to your lender or other creditors

If you think you may need to Short Sale your home or think yo may have trouble paying your mortgage, CALL ME for a NO OBLIGATION Consultation at 862-228-0554

Matthew DeFede, www.homesinnutleynj.com