Mortgages for Teachers

All private, public school, Grammar and High School Teachers, Special Education Teachers, Guidance Counselors, Librarians, Instructors, Tutors, Athletic Directors, Coaches and School Nurses, may be eligible.

This program reduces the red tape, that extra paperwork and so many of the out of pocket costs often associated with residential home mortgage financing programs.

For anyone with a career in an Educational related field, this program will eliminate on every mortgage the Loan Application Fee, the Loan Processing Fee, the Mortgage Underwriting Fee and the Mortgage Commitment Fee and associated Commitment Points which can  save as much as 2.00% to 3.00%.

The teacher can be retired or must show his or her certificate of teaching and or degree and well as verification of employment.

• First Time Home Buyer and the Second Time Home Buyer Program or a 203k Streamline to add a new kitchen or more bedrooms for your growing family.
• Financing for a Single Family Home, a two to four family unit, a condominium or a manufactured home.
• Financing for a Mixed Usage Commercial Property such as a Store with Apartments.
• Home Loan Programs require very little or NO down payment, competitive low rates and allows more flexible credit criteria.
• First Time Home Buyer Programs also provide a Purchase up to a 97.75% Loan to Value of the Sales Price.
• Rate and Term refinance up to a 97.75% Loan to Value of the Appraised Value of your Home.
• Cash-out refinance mortgage (for any reason) up to a 95.00% Loan to Value.

Virginia Green
NMLS# 53642
Cell- 908 797 1319
Office- 908 393 7145
517 Panther Valley Mall
Allamuchy, NJ 07840
vgreen@rhfunding.com