Greenway's Loan Programs
$100 DOWN PAYMENT PROGRAM
This specialty FHA mortgage was created to remove some of the barriers to homeownership and make it easier to purchase HUD homes. HUD homes are 1-4 unit properties acquired by HUD as a result of a foreclosure or other means of acquisition on an FHA-insured Mortgage.
Move Up with a Bridge Loan and bridge the gap in financing between your current home and your dream home!
Community Reinvestment Program
Serving clients in low & moderate-income areas
With Greenway Mortgage, you may be able to buy a home with only 3% down. Find out how!
CONVENTIONAL 97 FIRST-TIME BUYER PROGRAM
Our Conventional 97 First-Time Buyer Program helps more families achieve the homeownership milestone with a 3% down payment, regardless of income levels or geographic location.
FHA 203K RENOVATION MORTGAGES
The FHA 203K construction or "rehab" loan enables homebuyers and homeowners to finance both the purchase (or refinancing) of a house and the cost of its rehabilitation through a single mortgage or to finance the rehabilitation of their existing home.
FHA SMART START PROGRAM
Through NJ’s Housing and Mortgage Finance Agency, Greenway is able to offer first time homebuyers in Smart Growth areas within NJ an FHA mortgage with a grant of up to 4% of the purchase price that can be used towards the down payment and closing costs.
FIRST-TIME HOME BUYERS ASSISTANCE PROGRAM 2018
This program is designed to provide financial assistance to low income families to purchase an affordable home in the form of a deferred payment second mortgage loan in an amount not to exceed $10,000 for down payment and closing costs (Only).
FHA DOWN PAYMENT ASSISTANCE PROGRAM
Through NJ’s Housing and Mortgage Finance Agency, Greenway is able to offer First Time homebuyers in NJ an FHA mortgage with a $10,000 grant for down payment and closing costs
GOOD NEIGHBOR NEXT DOOR PROGRAM
Providing homeownership opportunity to those that serve the community.
HomeReady™ is an FHA alternative designed to help creditworthy households in lower-income neighborhoods and designated areas get easier access to low-down payment mortgages at today's current rates.
HOMESTYLE RENOVATION LOAN
An easy and affordable option to finance home renovations! Eligible clients can renovate a home to fit their needs and style with one mortgage payment that includes improvements for things such as: repairs and upgrades as well as energy efficient upgrades. Primary residences, second homes and investment properties are all eligible.
Jumbo financing for clients whose scenarios do not fit conforming guidelines.
USDA HOME LOAN PROGRAM
Greater affordability and Increased purchasing power with USDA programs.
VA HOME LOAN
You served your country. Now let your country return the favor with special financing just for veterans. VA loans reward veterans for their service and sacrifice on behalf of our country in a number of ways.
WHITE COAT MORTGAGE PROGRAM
Providing new and established doctors with a mortgage program that meets their specialized financial scenarios. Student loan debt, income and work history can be a challenge for doctors; our program helps relax guidelines making mortgage credit more accessible.
REVERSE MORTGAGES FOR HOME PURCHASE
Commonly known as a “reverse mortgage”, the Home Equity Conversion Mortgage (HECM) is a government-insured loan that allows older homeowners to convert homeequity into tax-free cash.* Perfect for borrowers who are downsizing or want to purchase a home without a monthly mortgage payment.
REFINANCE PROGRAM FOR HOMEOWNERS WITH LOW OR NO EQUITY
High LTV Refinance opportunities. For borrowers with difficult equity positions.