Greg Englesbe - A Look at Mortgage Down Payments

Greg Englesbe got into the mortgage banking business after he graduated from college. He attended Rider College in Lawrenceville, New Jersey, and he was subsequently offered a career position as a Regional Sales Manager for a mortgage lender. After he distinguished himself, he decided to strike out on his own. In 2003, he founded E Mortgage Management in Mount Laurel, New Jersey. Over the many years that he has been assisting clients, he has given a good bit of advice about mortgage down payments.

If you speak with a mortgage banker like Greg Englesbe about a home loan, the required down payment will naturally be a topic of discussion. The exact amount that will be required will depend upon a number of different circumstances. If you apply for a government-backed FHA loan, you can potentially get the financing you need with a down payment as low as 3.5 percent. Your credit history would also be a very important piece to the puzzle when it comes to the minimum down payment. Someone with outstanding credit may be able to qualify for a loan with a five percent down payment. On the other hand, if your credit is just average, you may be required to put down 20 percent or more.

When you decide that you would like to purchase a home, you should certainly sit down and discuss down payments with a mortgage specialists like Greg Englesbe. If you understand all of the facts and make the appropriate preparations, you should be able to obtain a mortgage.

Greg Englesbe Haunts the Capoolong and Barnegat Trails

Greg Englesbe’s delight in the hikes and campout spots of New Jersey has resulted in visits by his family to a number of the most popular natural regions of the state.  Capoolong Creek Wildlife Management Area, Barnegat Branch Trail and Parkway Trail, which accesses what is known as the Greater Philadelphia trail network, are only a few of the greenway and bikeway trails the Englesbes have explored.  The Capoolong Creek Wildlife Management Area, site of the Capoolong Creek Trail, or part of the Skylands Trail network, is around 4 miles long and is quite linear, featuring a ride through an impressive hardwood forest of some age which features sycamores and red and silver varieties of maples.  The Capoolong Creek Trail sees the Englesbe’s bikers, or hikers, as the case may be, following the route of the defunct Lehigh Valley Railroad, a spur of the line which once ended in Pittstown, known for its luscious peaches which were shipped back to the city.  A double whammy: history and forest beauty on this short ride for a morning.

The Englesbes can view occasional reminders of the railroad bed, especially at the south end of the trail where the old train station awaits restoration.  The Trout Lily and Spring Beauties bloom along the trail in spring and summer, and views of the stream alongside the trail are relaxing.  Birds include the Northern Parula, Yellow, Black-throated Blue, Yellow-rumped and Black-and-white along with Ovenbird and Wood Thrush.  On the outer edges of the trees one might spy Blue-headed, Yellow-throated and Red-eyed varieties.

http://www.njwildlifetrails.org/SkylandsTrails