Strickland Farms - Affordable Homes For Sale in Freehold Township

Affordable Homes for Sale in Freehold Township:

Affordable homes for sale in Freehold Township, Monmouth County

Availability:

Preliminary Applications are now being accepted.  To see available units, visit Current Listings.  There is currently no waiting list for most units.  If your household size and income matches a unit available with no waiting list, you will be able to Request to Visit the home from your Affordable Homes New Jersey Profile.  Additional units may become available so please submit a Preliminary Application to be contacted when units become available in the future.  Make sure you visit your personal Profile page and join the Freehold Township ownership waiting list.

Income Limits:

Maximum Income Limits

Number of Persons in Household

Very Low

Low

Moderate

1

$19,449

$32,415

$51,864

2

$22,227

$37,046

$59,273

3

$25,006

$41,676

$66,682

4

$27,784

$46,307

$74,091

5

$30,007

$50,012

$80,019

6

$32,230

$53,716

$85,946

Obtaining a Mortgage

Interested buyers must be able to secure financing.  The complex is not FHA approved. This list of lenders  is familiar with affordable housing in New Jersey. If you do not plan to secure a mortgage from a contact on this list, please notify CGP&H and inform your lender that you are purchasing an affordable deed restricted home and that the affordability controls survive foreclosure.

Closing Attorney

Most buyers of affordable homes choose to work with an attorney to handle the closing. The attorney will be able to assist you with other aspects of purchasing the home.  This list of attorneys is familiar with affordable housing closings.

Down Payment Assistance

Monmouth County First Time Homebuyer Program is accepting applications.  Please contact Debra Dovedytis at debra.dovedytis@co.monmouth.nj.us or 732-431-7460 for more information.

Down payment is available through the Freehold Township Affordability Assistance Program.   All 2017 funding has been committed.  No additional awards will be available in 2017.  The 2018 program budget has not been finalized yet.  Information will be posted here when available. 

  • Zero percent interest loans with no monthly payments.
  • Loan is fully forgiven after ten years.
  • Maximum award Amount depends on the income level of the applicant. Very Low income and Low income households may be eligible for up to 20% of the purchase price of the home. Moderate income household may be eligible for up to 10% of the purchase of the purchase price of the home.
  • Applicants will be invited to submit application after they sign purchase agreement if funds are still available.

 How to Apply:

Click here to complete the Preliminary Application on-line.  Completing the Preliminary Applications on-line is fast and simple.  If you have already submitted a preliminary application, use your personalized Profile Link to visit your profile to join waiting lists and Request to Visit properties.

Homes for Sale

Please visit Current Listings to see if there are homes for sale in this community.