Princeton Township, NJ Mortgage Loans
Lion Mortgage provides home loans for Princeton Township, NJ homebuyers and homeowners. Purchasing a home is one of the biggest decisions in your life, and Lion Mortgage can help you get into your dream home with the New Jersey mortgage that suits your individual needs.
Princeton Township, NJ FHA Home Loans
FHA mortgages are insured by the Federal Housing Administration against default by the borrower. This provides mortgage lenders with the opportunity to provide loans to those who otherwise might not qualify for a New Jersey mortgage. An FHA home loan in Princeton Township, NJ is an excellent choice for first time home buyers, those requiring a lower down payment or those who have had minor credit issues in the past. For more about FHA loans, visit our New Jersey FHA mortgage page.
Princeton Township, NJ Conventional Mortgages
A conventional mortgage is any mortgage that is not insured or guaranteed by the federal government. Conventional mortgage loans generally have higher credit requirements than a federally insured home loan such as an FHA mortgage, but often offer great competitive rates for the right borrower and provide much more flexible purchasing and refinancing options. If you are thinking about getting a conventional mortgage in Princeton Township, NJ, read about them more on our New Jersey conventional mortgage page.
Princeton Township, NJ Jumbo Loans
A Jumbo home mortgage loan is a mortgage in an amount that is more than the conforming mortgage limits set by the GSEs Fannie Mae and Freddie Mac. Jumbo mortgages are common for larger, upscale properties and are required if the amount of the property is higher than the set loan amount for any given area. If you are looking for an Princeton Township, NJ Jumbo mortgage loan, read more on our New Jersey Jumbo mortgage page.
Princeton Township, NJ Fixed and Adjustable Rate Mortgages
A fixed rate mortgage is a home loan that has a set interest rate for the entire term of the loan. The most popular fixed rate mortgage is a 30-year FRM. Find out the advantages and disadvantages of a fixed rate mortgage on our New Jersey fixed rate mortgage page.
Adjustable rate mortgages are mortgages that have a fixed interest rate for the first part of the loan term, and then adjusts to a new interest rate based on the market after the initial term is up. The most common adjustable rate mortgage is a 5/1 ARM. The advantages and disadvantages of an adjustable rate mortgage is on our New Jersey adjustable rate mortgage page.
Princeton Township, NJ Reverse Mortgages
A reverse mortgage is a home loan in reverse. Only available for seniors 62 or older with equity in their homes, it provides homeowners with the ability to get cash out of the equity of their home without having to pay it back or leave the home during their lifetime. If you are looking for an Princeton Township, NJ reverse mortgage, read more on our New Jersey reverse mortgage page.
Princeton Township, NJ HELOC Mortgages
HELOC stands for Home Equity Line of Credit and it’s purpose is to borrow against the available equity in a home and is most commonly known as a second mortgage. HELOC mortgage loans are most used when a borrower needs cash for bills or other expenses. If you are looking to get cash out of the equity available in your home, read more on our New Jersey HELOC mortgage page.
Princeton Township, NJ Specialty Loans
Lion Mortgage offers specialty loans such as Investment / vacation home and commercial loans. Each of these loans are different from a home mortgage loan and to get more information, click on each link above.
Your Princeton Township, NJ Mortgage Company
Lion Mortgage offers an abundance of home mortgage and specialty loan programs that can suit anyone’s current financing needs. We pride ourselves in matching out clients to the best loan option for their unique situation and realize that getting a home mortgage loan is one of the biggest decisions you will make in your lifetime. We offer loans in all of New Jersey and would be honored to be your choice of a NJ Mortgage Company.