Consumer Tools

Consumer Tools

Members of the Monmouth Ocean Regional REALTORS® are also members of the New Jersey REALTORS® and the National Association of REALTORS®. This means our REALTOR® members abide by a strict Code of Ethics and are expected to maintain a higher level of knowledge of the process of buying and selling real estate.

The National Association of REALTORS® as well as the New Jersey REALTORS® provide many resources for homeowners and home sellers. Below are some resources available to help you sell your home or purchase a home.

Mortgage Information

A mortgage is a loan that is used to finance the purchase of property. The property itself is used as security to ensure repayment and the lender holds the title or deed to the property either directly or indirectly (depending on your jurisdiction) until you have repaid the entire amount plus interest.

One of the most important things you need to do before committing to any type of mortgage is to sit down with a mortgage professional and examine the advantages and disadvantages of all available options and determine which product is best suited to your current situation and future plans.

Click below to view more information about mortgages:

NJHMFA Homeownership Resources
FHA Mortgage Limits
FHA Loans
FAQ's About Reverse Mortgages
Freddie Mac
Fannie Mae
For information and resources on Foreclosures, please click here.