Affordable Homes for Sale in Scotch Plains:
Affordable homes for sale in Scotch Plains Township, Union County, New Jersey
Availability:
- There are 16 affordable sale units located at the Reserve at Scotch Plains.
- There is a waiting list. You may Submit a Preliminary Application to be added to the waiting list. Make sure you visit your personal Profile page and join the Scotch Plains ownership waiting list.
- Eligible applicants must meet income limits below and be able to qualify for a mortgage.
Income Limits:
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2018 Maximum Income Limits | |||
Number of Persons in Household | Very Low | Low | Moderate |
1 | $20,026 | $33,377 | $53,404 |
2 | $22,887 | $38,146 | $61,033 |
3 | $25,748 | $42,914 | $68,662 |
4 | $28,609 | $47,682 | $76,291 |
5 | $30,898 | $51,497 | $82,395 |
6 | $33,187 | $55,311 | $88,498 |
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Obtaining a Mortgage
Interested buyers must be able to secure financing. 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.
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.
