Vineland, New Jersey
(FOR SALE)
COMING SOON!
New Affordable Homes For Sale
PRICING & CRITERIA:
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Households with 3 or more people are eligible to apply for a 3 bedroom unit, and must fall within the required income guidelines for Cumberland County.
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There are 2 moderate income units - $169,144
There are 2 low income units - $93,153
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The minimum and maximum income limits by household are listed on the chart below:
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These 4 Newly Constructed Homes will feature 3 bedrooms with 2 ½ baths and a full basement. They will each have a refrigerator, stove, and dishwasher included. There will be hookups for the washer and dryer in the laundry room. Each of the homes includes a garage.
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The heat is gas forced air. The HWH is a tankless gas unit. There is central air. The homes come with a double wide driveway so there is plenty of parking
Once a sale unit becomes available that meets your criteria and income level, and you are next in the applicant pool, you will receive an outreach email with a description of the available unit. At that time, you will be required to obtain a mortgage pre-qualification letter from one of the affordable lenders on the lender list Triad provides and send it in response to the outreach email sent.
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Applicants will be required to obtain a conventional mortgage pre-qualification from a lender (Most lenders require a minimum credit score of 640; no recent judgments, bankruptcies, or foreclosures). Triad will provide a list of qualified mortgage lenders. Please note: FHA and VA mortgages are not eligible for this program.
Once the pre-qualification letter is received, you will be connected with the seller to view the unit. If you decide to proceed with the purchase, you will be required to submit a full application for affordable housing along with required documentation, to be income certified as an affordable buyer.
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There are down payment assistance programs available through Triad for the purchase of these affordable units.
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I’m interested in learning more. What is my next step?
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Fill out a brief preliminary application to be included in the applicant pool, using the link at the bottom of this page.