Financing an Affordable Home

We do not provide financing for affordable homes. It is up to each applicant to arrange for their own financing.

IMPORTANT NOTE ABOUT FINANCING: When purchasing an affordable home, the Regulations now require that, if the estimated monthly housing cost for the unit (including principal, interest, taxes, homeowner and private mortgage insurance and condominium or homeowner association fees as applicable) exceeds 33 percent of the Borrower’s eligible monthly income, the Borrower must receive counseling on the advisability of the loan transaction by a non-profit Credit Counseling Services approved by HUD or the New Jersey Department of Banking and Insurance.

Information regarding Predatory Lending practices is available at the New Jersey Department of Banking and Insurance.

Information regarding mortgage programs can be found at the New Jersey Housing and Mortgage Finance Agency.

IMPORTANT: All of the information contained on this site is provided as a courtesy to those seeking an affordable home. Piazza & Associates, Inc. is not responsible for any offers or errors contained herein.